Anghami In The News

Spotify considering buying MENA-focused rival Anghami (report)

Anghami listed on the NASDAQ in New York in February

$200m SPAC, The Music Acquisition Corp, files to liquidate early and delist shares from NYSE

Neil Jacobson's SPAC cites multiple reasons for delisting request

Sony Music inks new partnership with Kuwait-based creative studio GHMZA to sign Khaleeji pop artists

Bader Al Shuaibi and Bashar al-Shatti will be the first two artists to work with Sony Music Middle East

New blank check company files for $200m IPO, led by same team behind SPAC that took Anghami public

SPAC is led by Jacob Cherian, the Co-CEO and a director of Anghami

News

Anghami monthly subs up 41% YoY in H1, according to preliminary results

Total revenue grew 29% YoY to $21.1 million in H1 2022

From songwriters’ streaming royalty rate win to Deezer’s IPO… it’s MBW’s Weekly Round-Up…

The big stories from the past week

Deezer goes public: Spotify rival makes stock market debut on Euronext Paris

Deezer CEO Jeronimo Folgueira rings opening bell

Anghami acquires events and concerts company Spotlight, as it expands into live entertainment

Deal will see Spotlight Events become Anghami's arm for live events and concerts