Anghami Gets $5M Investment From Saudi Media Company SRMG

  • 📰 billboard
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The company behind Billboard Arabia, SRMG says its investment will bolster Anghami’s moves into podcasts and other areas.

. With SRMG’s investment and appetite to be a destination for artists, the deal will “bolster Anghami’s growth trajectory through its extensive media reach, content library, and portfolio of leading assets in audio/podcasts,” according to the statement.

In March, Anghami said its revenue grew by more than 35% to $48 million in 2022, driven by a 21% year-over-year uptick in paid subscribers to 1.52 million, according to preliminary unaudited results. Anghami claims 120 million registered users overall. The Middle East and North Africa remains one of the world’s fastest-growing sectors for music, with revenue from recorded music climbing by nearly 24% in 2022, according to the IFPI.

Founded in 2012, Anghami has expanded its business beyond streaming to include in-house productions, branded music and video content, concerts, podcasts and a record label for Arab artists.called the investment a milestone for his company that will allow it to “unlock further opportunities to champion the music ecosystem.”

“We have continually evolved to meet our audience’s changing demands and support the region’s rising entertainment and music industry,” Maroun said in the statement. “This partnership will propel regional artists to greater heights, expand their global reach, and create new touchpoints for our users and artists alike.”

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 112. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Saudi Arabia’s SRMG Makes Strategic Investment in Anghami, Spotify’s MENA Region RivalSRMG Ventures, the venture capital arm of Ryadh-based conglomerate Saudi Research and Media Group, has announced a small but significant $5 million investment in Anghami, which is the Arab world&8…
ソース: Variety - 🏆 108. / 63 続きを読む »

MENA Spotify Rival Anghami Eyes Further Expansion Following Strategic Investment By SRMG VenturesAnghami, the Arab world’s answer to Spotify, is eyeing further expansion following a fresh $5 million investment by SRMG Ventures. It marks the third investment by the venture capital arm of Riyadh…
ソース: DEADLINE - 🏆 109. / 63 続きを読む »

Maple Finance Eyes Asian Expansion With $5M Investment, Returns to SolanaThe protocol’s focus on growth in Asia-Pacific showcases the region’s increasing importance in the crypto industry.
ソース: CoinDesk - 🏆 291. / 63 続きを読む »