Warner Music invests in Rotana Music, Middle East’s biggest label

Must Read

AED TO PKR: Today 1 UAE Dirham To PKR (Pakistan Rupee), 16 September 2021

KARACHI: The buying rate of the (AED TO PKR) was Rs 45.72  while its selling rate was Rs 47 in Pakistan’s...

USD TO PKR: Dollar Rate In Pakistan today On 16 September 2021

Today USD to PKR (Dollar Price in Pakistan Rupee) exchange rate given below. All Currency prices are updated every...

Latest Gold Rate in Qatar in Qatari Riyal, 16 September 2021

Thursday: Today Gold Rate in Qatar Today Per tola is QAR 2,589.36 while 24k Per 10 Gram gold price...

Warner Music Group has invested in Rotana Music, the Middle East’s largest record label owned by Saudi Arabia’s billionaire Prince Alwaleed bin Talal, Warner said in a statement.

- Advertisement -

The value of the transaction was not disclosed.

The deal will see Warner Music distribute Rotana Music’s releases globally. Signed to Rotana are some of the biggest music stars in the Arab world, including Saudi Arabia’s Mohamed Abdo, Egypt’s Amr Diab and Lebanon’s Elissa.

In 2018, Prince Alwaleed invested $267 million in French music streaming service Deezer via Rotana Group and his investment company Kingdom Holding.

Rotana and Deezer also signed a long-term agreement to distribute Rotana’s audio and video content in the Middle East and North Africa.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

AED TO PKR: Today 1 UAE Dirham To PKR (Pakistan Rupee), 16 September 2021

KARACHI: The buying rate of the (AED TO PKR) was Rs 45.72  while its selling rate was Rs 47 in Pakistan’s...

USD TO PKR: Dollar Rate In Pakistan today On 16 September 2021

Today USD to PKR (Dollar Price in Pakistan Rupee) exchange rate given below. All Currency prices are updated every hour to offer you the...

Latest Gold Rate in Qatar in Qatari Riyal, 16 September 2021

Thursday: Today Gold Rate in Qatar Today Per tola is QAR 2,589.36 while 24k Per 10 Gram gold price is QAR 2,220.00. Usually people...

Latest Gold Rate in Dubai (UAE) in Dirham, 16 September 2021

Thursday: Today Gold Rate in Dubai (UAE) Today Per tola is AED 2,545.63 while 24k Per 10 Gram gold price is AED 2,182.50. Usually...

AED TO PKR: Today 1 UAE Dirham To PKR (Pakistan Rupee), 15 September 2021

KARACHI: The buying rate of the (AED TO PKR) was Rs 48.11 while its selling rate was Rs 46.2 in Pakistan’s currency market on Wednesday,...

More Articles Like This