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Mavin Records: Shaping the Global Music Scene
Mavin Records, a leading force in Afrobeats music, has made history with its hit single “Calm Down,” featuring Selena Gomez. This track not only reached No. 3 on the U.S. Billboard Hot 100 but also became the first African artist-led song to surpass 1 billion streams on Spotify, showcasing the genre’s rising global influence.
Partnership with Universal Music Group (UMG):
Universal Music Group (UMG), the world’s top music-based entertainment company, has announced a majority investment in Mavin Global, Mavin’s parent company. This partnership, set to close by Q3 2024, underscores Mavin’s status as an independent label on the cusp of global success.
Key Quotes:
Don Jazzy, Mavin Global’s founder and CEO, expressed pride in the label’s achievements and shared goals with UMG to shape Africa’s music landscape globally. Sir Lucian Grainge, UMG’s Chairman & CEO, praised Mavin’s exceptional talent and entrepreneurial spirit, aligning with UMG’s strategy of partnering with industry leaders.
Continued Leadership and Growth
Under the agreement, Don Jazzy and COO Tega Oghenejobo will continue to lead Mavin, ensuring continuity of the label’s vision while leveraging UMG’s resources for further growth.
The partnership between Mavin Records and Universal Music Group marks a significant milestone for Afrobeats music, solidifying its position on the global stage.
With “Calm Down” setting records and UMG’s strategic investment, Mavin is poised for even greater success, bringing African music to audiences worldwide. Stay tuned for more exciting developments as Mavin continues its ascent.