By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Universal Music Group Acquires Majority Stake in Nigerian Record Label Mavin Records
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Universal Music Group Acquires Majority Stake in Nigerian Record Label Mavin Records

Entertainment

Universal Music Group Acquires Majority Stake in Nigerian Record Label Mavin Records

Uthman Olagoke
Uthman Olagoke
Published: June 11, 2025
Last updated: June 11, 2025
1 Min Read
Share
Mavin Records boss, Don Jazzy
SHARE

Universal Music Group announced on Monday its acquisition of a majority stake in the Nigerian record label Mavin Records. The deal, subject to regulatory approval, is anticipated to finalize by the end of Q3 2024.

While investment firm Kupanda Capital will maintain a minority stake and advisory role post-transaction, TPG will exit entirely. Mavin’s founder and CEO, Don Jazzy, alongside COO Tega Oghenejobo, will continue to lead the company.

“Our criteria for identifying partners is straightforward: great artists, great entrepreneurs, great people,” UMG boss Sir Lucian Grainge said.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

“With Don Jazzy, Tega, the Mavin Global team, and their artist roster, we’ve found ideal partners with whom to grow together.”

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Mbappé Withdraws Legal Feud with PSG, Demands €55M Payout | Daily Report Nigeria
Mbappé Withdraws Legal Feud with PSG, Demands €55M Payout
Sports
President Trump Slams Nigeria with 10% Tariff Over BRICS Alignment | Daily Report Nigeria
President Trump Slams Nigeria with 10% Tariff Over BRICS Alignment
News
NiMet Warns of Flash Floods in Lagos, Sokoto, Benue, Others | Daily Report Nigeria
NiMet Warns of Flash Floods in Lagos, Sokoto, Benue, Others
News
Osimhen Finally Commits to Galatasaray in Permanent Deal After Long Wait | Daily Report Nigeria
Osimhen Finally Commits to Galatasaray in Permanent Deal After Long Wait
Sports
Tantita’s Detractors Responsible For Oil Theft, Insecurity in Niger Delta - Igere
Tantita’s Detractors Responsible For Oil Theft, Insecurity in Niger Delta – Igere
News

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Aunty Ramota
Entertainment

Aunty Ramota Refutes Coma Rumors After Alleged BBL Surgery

June 15, 2025
"You're Not Destined For Music, Focus Your Energy on Cooking" - Actor Uche Maduagwu Tells Whitemoney | Daily Report Nigeria
Entertainment

“You’re Not Destined For Music, Focus Your Energy on Cooking” – Actor Uche Maduagwu Tells Whitemoney

June 1, 2025
"I Did Not Rape Nobody. I’m Happy I Went to Prison" - Actor Moses Armstrong Writes | Daily Report Nigeria
Entertainment

“I Did Not Rape Nobody. I’m Happy I Went to Prison” – Actor Moses Armstrong Writes

June 10, 2025
I Wish My Marriage Lasted Enough - Faith Morey Reacts To Video Of Actress Joke Silva Dressing Up Her Husband, Olu Jacobs For His 80th Birthday Photoshoot | Daily Report Nigeria
Entertainment

I Wish My Marriage Lasted Enough – Faith Morey Reacts To Video Of Actress Joke Silva Dressing Up Her Husband, Olu Jacobs For His 80th Birthday Photoshoot

June 8, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?