Entertainment
Universal Music Acquires Majority Stake in Don Jazzy’s Marvin Records
Universal Music Group (UMG) has completed the acquisition of a majority stake in Mavin Global (Mavin), a distinguished music company headquartered in Lagos, Nigeria.
Mavin Records label was founded in 2012 by Michael Collins Ajereh, popularly as Don Jazzy, Mavin has played a pivotal role in propelling Afrobeats artists to prominence, both within Africa and on the global stage.
This strategic move by UMG comes about five years after Mavin secured a substantial multi-million dollar investment in 2019 from Kupanda Holdings, a joint venture between pan-African investment company Kupanda Capital and TPG Growth. With this latest development, TPG has divested entirely from the business, while Kupanda Capital will maintain a minority investment and continue as a strategic adviser.
UMG reiterates that Mavin will retain autonomy in steering its strategic vision and talent development. Don Jazzy, the founder and CEO, along with COO Tega Oghenejobo, will continue to lead the company under the terms of the agreement.
The deal’s completion depends on regulatory approval and is expected to be finalized by the end of Q3 2024.
What they said
in his statement, Don Jazzy declared that “I’m proud of the artists, careers and brand we’ve built that have made Mavin the force it is today. In this historic partnership with UMG, we will continue that mission in Africa and across the globe.”
Adding, Tega Oghenejobo said “With our proven history of collaborations within the UMG family, we have a strong belief that they are the ideal partner for the next phase of our growth, given the diversity and potential of our business.
“UMG is home to some of the world’s foremost music entrepreneurs and artists, making them a perfect match for our aspirations. By collaborating with UMG, we are dedicated to cultivating a vibrant creative environment that propels African music to new heights on the global stage.”
Sir Lucian Grainge, Chairman & CEO of Universal Music Group, also stated: “Our criteria for identifying partners is straightforward: great artists, great entrepreneurs, great people. With Don Jazzy, Tega, the Mavin Global team and their artist roster, we’ve found ideal partners with whom to grow together.
Mavin, a music powerhouse, hosts a lineup of stellar Afrobeats artists such as Ayra Starr, Ladipoe, Johnny Drille, Crayon, Magixx, Bayanni, Boyspyce, DJ Big N, Lifesize Teddy, and Rema.
Their chart-topping single, “Calm Down,” featuring Selena Gomez, reached an impressive No. 3 on the U.S. Billboard Hot 100 chart, marking a breakthrough for the Afrobeats genre.
This track has become one of the most significant Afrobeats songs ever, achieving the remarkable feat of being the first African artist-led track to surpass 1 billion streams on Spotify.
Ayra Starr, another gem from Mavin, earned a Grammy nomination for the Best African Music Performance for her track “Rush.”
Notably, its music video holds the record as the most-viewed video by a female Nigerian artist on YouTube. Mavin continues to make waves in the global music scene, solidifying its position as a driving force behind the success of Afrobeats artists.
UMG’s partnership with Mavin aims to accelerate the strategic growth of the Nigerian music company, providing more opportunities to showcase talent globally and expand its existing roster.
As part of their mission, UMG highlighted two key initiatives: Mavin’s Artist Academy, focused on training new talents in music and performance skills while fostering connections within the roster, and an executive leadership program aiming to groom the next generation of music industry professionals in Africa.
The timing of this partnership aligns with the booming music industry in Africa, as highlighted by the International Federation of the Phonographic Industry (IFPI).
In 2022, Africa experienced the highest growth rate in recorded music consumption, with Sub-Saharan Africa leading at an impressive 34.7% year-over-year growth, surpassing any other region globally.
Source: Nairametrics
Entertainment
I’ve Lost My Sight, Iconic Singer, Elton John Reveals
The British music icon, Sir Elton John, has shared a heartbreaking revelation on the loss of his eyesight after battling a severe infection.
Elton John disclosed this during a recent public appearance at the charity gala performance of The Devil Wears Prada: “The Musical,” staged at the London Dominion Theatre on Sunday.
The 77-year-old, whose revelation stunned many at the gala performance, said he did not watch the show due to his failing eyesight.
He said: “As some of you may know, I have had issues, and now I have lost my sight.
“I have enjoyed listening to the performance, even though I haven’t been able to see it.”
Sir Elton John even gave his husband, David Furnish, who was present at the event, credit for supporting him through the hardship.
“To my husband, who has been my rock, because I haven’t been able to attend many of the previews because, as you know, I’ve lost my vision, so it’s difficult for me to see them, but I love to hear them.
“And tonight it sounded great! Alright! I appreciate you coming,” he added.
Entertainment
Yuletide: Glo Lights Up Banana Island
The highbrow Banana Island in Ikoyi, Lagos, was literally transformed on Saturday night as Globacom joined the community to mark the commencement of the Yuletide season.
The company sponsored the community’s Starlight Night organized by the Banana Island Property Owners and Residents Association Lagos (BIPORAL).
The 2024 Starlight Night, which was the fifth in the series, was an evening to usher in the Yuletide season with families and friends as well as “a day to reflect on how the year has been, and be thankful for where we are under a beautiful weather”.
Globacom, in a statement, expressed delight in sponsoring the celebration to spread the festive cheer as well as the lighting of a Christmas tree and street light boxes across key locations around Banana Island.
“Christmas is a time for unity, joy, and togetherness, and as a company, we believe in contributing to the communities where we operate. This is our way of giving back and spreading joy and hope to our fellow Nigerians, especially as we prepare to enter the new year”, the company disclosed.
The special event brought together local residents, friends, community leaders, and corporate partners, and witnessed electrifying performances by entertainment groups, Art Afrique and SPAN.
Starlight night ended with Christmas fireworks which lit up the sky with dazzling bursts of colour and sparkle, adding a vibrant and festive glow to the celebrations.
The event will culminate in the illumination of street light boxes which will be strategically placed throughout the island’s key streets.
Globacom’s sponsorship of the Starlight Night has added a touch of festive season to the Banana Island neighbourhood, reinforcing the company’s commitment to bringing joy to Nigerian communities during the festive season.
Entertainment
Glo Celebrates 15 Years of Sponsoring CNN African Voices Changemakers
By Eric Elezuo
It was a moment of awe, pleasant surprises and appreciation at the Eko Hotels when leading telecommunications company, Globacom celebrated 15 years of bankrolling the the CNN African Voices Changemakers with the entertainment big wigs in attendance.
Held to showcase the magnificent efforts of the telecom giants in the projection of African talents to the world, the top-notch anniversary witnessed an array of performances by leading and budding artists, classical interviews and speeches from well meaning individuals from Globacom and CNN.
Among the major highlights of the event was the high profile interview with music icon, Yemi Alade, who followed the footsteps of the likes of Rema and Sarkodie, projecting their music and career trajectory. Alade is a Grammy-nominated artist, who has shown class and resilience in her career. The interview was conducted by Larry Modowo, who was the host on the night, and was followed by her performance of her hit song ‘Tomorrow’. The show, which was recorded in front of a live audience, will be aired on November 30 at a premier event on CNN International.
Among A-list dignitaries at the event were the Executive Vice Chairman, Globacom, Mrs. Bella Disu, who represented the Chairman, Dr. Mike Adenuga Jr. Others were the Executive Vice President, CNN International Commercial (CNNIC), Mr. Phil Nelson; Managing Director, OJ&T, Country Representatives of CNN, Mrs. Omolola Akpata-Owolabi, in addition to other artistes and distinguished guests.
There were also other prominent personalities from across Nigeria and othwr lands in attendance, including but not limited to screen icon, Joke Silva, Samuel Animashaun Perry, aka Broda Shaggi former African Voices guests, cultural icons, entrepreneurs, business leaders and influencers. Attendees enjoyed an evening of conversation, entertainment, and a behind-the-scenes look at the filming process.
African Voices Changemakers is one of CNN’s longest-running and most successful series, and according to CNN correspondent, ‘tells the stories of the continent’s thought-leaders, creatives, athletes, and entertainers who are at the forefront of change across Africa. The show also profiles Africa’s sporting stars in special African Voices Playmakers episodes and segments that additionally air in CNN’s flagship sport show World Sport.
“Alongside this on-air content, African Voices Changemakers is available across CNN’s digital and social platforms, with social-first My Drive videos and a dedicated playlist on Apple Music. Globacom is the exclusive sponsor of African Voices Changemakers across all platforms.”
Mrs Bella, who made a remark on behalf of Globacom, through the company’s Chief Marketing Officer, Ashok Israni, informed that Glo in collaboration with CNN has used the African Voices Changemakers to amplify voices that might otherwise have remained unheard, bringing to light the remarkable achievements of African entrepreneurs, artists, leaders, sportsmen and sportswomen, all of whom are changemakers.
He said “This sponsorship is more than just brand alignment; it has been a profound expression of our shared commitment to the transformative power of storytelling. And in partnering with CNN, we have helped ensure that Africa’s voices; its dreams, its challenges, and its triumphs, are broadcast to the world.”
The CNNIC Executive Vice President, Phil Nelson, in his speech noted, that “15 years of programming is a huge landmark and I’m pleased to celebrate it in Lagos with our longstanding commercial partners at Globacom, I thank them for our ongoing collaboration. This anniversary event for African Voices reaffirms CNN’s commitment to the series and to showcasing the richness, diversity, and dynamism of Africa on the global stage.”
He further eulogised the steadfastness Dr. Adenuga and the Glo brand in uplifting talents and creating a platform for the Voices of Africans to be heard via a world renowned podium.
African Voices Changemakers is a 30-minute magazine programme that highlights African stars in the film and music industry.
The Programme shows on DSTV Channel 401 every Saturday at 8.30 a.m. and the show is repeated the same day at noon. Other repeats follow on Sunday at 4.30 a.m. and 7.00 p.m., on Monday at 4.00 a.m., and on Saturday next week at 8.30 a.m. and 12 noon. It will also air again on Sunday at 4.30 a.m. and 7.00 p.m. and on Monday at 4.00 a.m.
Some guests who have appeared on the Glo-sponsored African Voices Changemakers program include:
Kaffy: The Nigerian dance queen and choreographer who led her group to break the Guinness World Record for “Longest Dance Party” in 2006. She also discussed how she has used her talents to empower young people and give back to her country.
P-Square: The Nigerian singing duo of Peter and Paul Okoye who discussed their career, life, and reuniting after a breakup.
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