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Mavin Records Label Getting Sold After 10yrs

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Mavin Records is Up For Sale

Mavin Records is Up For Sale! Arguably one of the biggest record labels out of Africa is finally about to change hands. Mavin Records is currently owned by veteran Nigerian producer Don Jazzy, Many people do not know but Rema the kid who sang “CALM DOWN” Ft Selena Gomez, the biggest afrobet star and song right now is signed to Mavin Records. The record label also houses other lesser-known but renowned acts like Ayra Starr who is also making waves outside the shores of Africa.

The news of Mavin Records sale was first posted by Billboard.com in an exclusive expose, Mavin records is seeking investment or outright sale of its assets to the highest bidder according to billboard.com. Strong Bids are being made as we speak and in the frontline are Universal Music Group and HYPE, Some banks and key players in the financial sectors are also putting forward strong numbers to get the coveted label in the bag.

Mavin Records is presently valued at between $125 million to $200 million according to Billboard, Shot Tower Capital is the broker that is shopping the record label for Don Jazzy. This move is expected to give the record label the push it needs to grow bigger and break fully into the American market. Mavin Records is expected to expand under this new leadership as the major bidders are American titans in the music industry. It is not clear however if popular artist Rema’s Masters is part of this deal and if it would be sold to the new owners alongside the record label.

Mavin Boss Don Jazzy also negotiated his presence in the label to remain in place, so even if the label is sold Don Jazzy is asking the new owners to retain him on a managerial level, so he can still be a part of the record labels destiny, it is however not clear if the new owners of Mavin Records would agree to this terms.

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O.J. Simpson Dead at 76 After Cancer Battle!!

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O J Simpson Death

Legendary Football Player and Notorious Figure O.J. Simpson Dies!

O.J. Simpson, a household name synonymous with both football greatness and a sensational murder trial, passed away yesterday at the age of 76.
According to his family, Simpson succumbed to a battle with cancer.

O J Simpson Death

O J Simpson Death

The news comes just weeks after reports surfaced about his declining health and rumors of hospice care.

Before the infamous trial that gripped the nation, O.J. Simpson was an American hero.

He dominated the gridiron as a running back for the Buffalo Bills, earning him a place in the Football Hall of Fame.

Beyond football, Simpson transitioned into acting and endorsements, becoming a familiar face on television and in commercials.

In 1994, Simpson’s life took a dramatic turn when he was accused of the double murders of his ex-wife, Nicole Brown Simpson, and her friend Ron Goldman.

The subsequent trial became a media spectacle, dividing the nation along racial lines.

Simpson was ultimately acquitted but found liable in a civil lawsuit.

Despite the acquittal, the murders forever tarnished Simpson’s reputation.

He later faced legal troubles again in 2007 for an armed robbery in Las Vegas.

Simpson remained a controversial figure in the public eye, with his legacy a complex mix of athletic achievement and legal notoriety.

O.J. Simpson’s death definitely marks the end of a tumultuous chapter in American history.

 

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