Editorials

Mavin Records Label Getting Sold After 10yrs

Published

2 years ago

October 6, 2023

FameLord

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.

Editorials

Mass Shooting in Chicago’s Altgeld Gardens Leaves Four Injured, Allegedly Retaliation for Mello Buckzz!!

Published

4 days ago

July 3, 2025

FameLord

Chicago, IL – July 3, 2025 – A mass shooting in the Altgeld Gardens neighborhood on Chicago’s South Side, that many in the streets have called a retaliation for the Mass Shooting earlier at rapper Mello Buckzz Album release party has left four people wounded in the early hours of Wednesday morning, marking another violent incident in a city grappling with gun violence.

Details of the Shooting

According to Chicago police, the shooting occurred around 3:17 a.m. in the 600 block of East 133rd Street. A group was gathered outside when unknown assailants opened fire, striking four individuals.

The victims include:

A 21-year-old man, shot in the arm and thigh, transported to the University of Chicago Hospital in critical condition.
A 31-year-old man, suffering multiple gunshot wounds, taken to Christ Hospital in critical condition.

A 29-year-old woman, shot in the arm, who self-transported to Christ Hospital in stable condition.
A 29-year-old man, shot in the shoulder, who initially went to Roseland Hospital before being transferred to the University of Chicago Hospital in serious but stable condition.

No suspects have been identified, and Area Two detectives are investigating the circumstances surrounding the attack.

Community Reactions

The shooting has sparked outrage and frustration among residents, with many questioning the effectiveness of crime reduction efforts.

Suzanne Etsch commented, *”So in a 24-hour period, at least 22 people shot. Both were mass shootings. Can’t wait to see the total Monday morning.”*
Courtney Faull-Basile questioned the narrative on gun violence, asking, “Crime is down, mass shootings are up. Why aren’t we worried about the mass shooters’ mental health or access to guns this time?”

Others, like Ricky Moore, called for unity, saying, “We have to start fasting and pray so our people will stop all the hate towards one another.”

Broader Context of Chicago Violence

This incident follows a troubling trend of mass shootings in Chicago, despite official claims of declining crime rates. Just last month, a similar attack in another South Side neighborhood left multiple victims wounded.

Critics, including Lee Kirk, blamed political leadership, referring to the city as “Brandon’s Chicago,” a likely reference to Mayor Brandon Johnson. Meanwhile, Marc Sims noted that most violent crimes occur within interconnected networks rather than as random acts.

As investigations continue, Chicago residents brace for what could be another violent holiday weekend.