Music Business News: South Africa
News The Nigerian naira fell 38% in Q1, putting pressure of Mdundo's revenue even as user growth continued unabated Analysis News Music video network Vevo recorded a 56% YoY increase in viewership of Afrobeats and Amapiano videos globally in 2023 News Ghelakis founded Electromode in 2001, which was acquired in 2021 by Universal-owned Ingrooves (now Virgin Music Group) Interviews The founder of Platoon (and AWAL, and a key architect of Graceland), Denzyl Feigelson, maps out his life and career in seven songs News Exec was most recently Chief Operating Officer at UMG Sub-Saharan Africa Analysis News English language music is becoming statistically less popular on streaming services News Orfium was founded in 2015 in Los Angeles by Drew Delis and Chris Mohoney and is led by CEO Rob Wells Interviews The T Effect's co-founders Tshiamo Letshwene and Nhlanhla ‘Nivo’ Ndimande tell us about the company's global ambitions