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Universal Music Group Acquires Majority Stakes In Don Jazzy’s Mavin Records

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Universal Music Group (UMG), one of the world’s largest music companies, has announced its acquisition of the majority stake in Mavin Records, founded by renowned music producer Michael Ajereh, popularly known as Don Jazzy.

In a press statement on Monday, UMG said the agreement was still awaiting approval from regulatory authorities, and it is anticipated to be finalized by the third quarter of 2024. However, the company did not disclose the value of the acquisition.

“Universal Music Group (UMG), the world leader in music-based entertainment, today announced a majority investment in one of the world’s most dynamic and exciting independent record labels, Mavin Global (Mavin). The deal remains subject to regulatory approval and is expected to close by the end of Q3 2024,” it stated.

Last year, Billboard reported that Don Jazzy sought to explore options for a sale or potential investment in the record label founded in 2012.

According to UMG’s statement, Mavin will retain independence in shaping its strategies and nurturing future talents without external interference.

It added, “As part of the agreement, founder and CEO Don Jazzy and COO Tega Oghenejobo will continue leading the company.”

Mavin Records is a talent hub with stars like Rema, Ayra Starr, Crayon, Ladipoe, Johnny Drille, Magixx, Bayanni, Boyspyce, DJ Big N, and Lifesize Teddy.

In an interview, Don Jazzy said he was “proud of the artistes, careers and the brand they have built that have made Mavin the force it is today.”

“In this historic partnership with UMG, we will continue that mission in Africa and across the globe,” he added.

Reacting to the development, Lucian Grainge, the chairman and CEO of UMG, said, “With Don Jazzy, Tega, the Mavin Global team and their artist roster, we’ve found ideal partners with whom to grow together.”

Should this agreement be finalised, artistes signed to Mavin Records would be restricted from using their songs on TikTok due to the existing agreement between UMG and TikTok.

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“My dad Wizkid is not the one begging for pussy” — Son

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When it comes to savage responses, the Baloguns specifically those related to Wizkid by blood, are not to be trifled with and being Davido does not save you from such.

In a recent social media exchange, 13-year-old Boluwatife Balogun, the eldest son of renowned Nigerian artiste Wizkid, threw some savage response at his father’s rival, David Adeleke following their online spat.

Facing some online banter from a Davido fan, Boluwatife Balogun came to his father’s defense rather than keep mute.

The ongoing rivalry between Wizkid and Davido escalated in recent days, with both artistes engaging in public spats and trading insults online. Davido, responding to Wizkid’s jibes, took aim at Wizkid’s physical stature, claiming that Wizkid is so short that he wears size 7 shoes and jokingly suggesting he shops at Footlocker Kids.

Some individuals on social media supported Davido’s claims by sharing photos purportedly showing Wizkid wearing shoes matching his son Bolu’s shoe size.

Davido further escalated the feud by disparaging Wizkid’s music, boasting about his own hits, and challenging Wizkid to release new music simultaneously. He also ridiculed Wizkid’s height, suggesting that despite his own short stature, Wizkid is even shorter.

A Davido fan, seizing the opportunity to taunt Wizkid’s family, commented on Boluwatife Balogun’s TikTok page, asking if it was true that both Bolu and his father wear the same shoe size.

Bolu promptly responded to the taunt, defending his father by highlighting Wizkid’s character and integrity, asserting that despite any jokes about shoe sizes, his father doesn’t stoop to begging for attention or engaging in inappropriate behavior.

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Liverpool go Rome ahead of 2024/25 season

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Their current campaign may not be going well despite the huge promises they started it with, but Liverpool are ready to look away and perhaps travel back decades before as they prepare for the post-Jurgen Klopp era.

Ahead of the upcoming 2024/25 season, the Merseyside outfit has released its new home kit for the incoming campaign, with Nike, the club’s official shirt designer taking inspirations from Liverpool’s 1983/84 season that saw the Reds lift their 4th European Cup in Rome.

Go Rome or go Home it appears the plan by Nike for Liverpool heading into the incoming campaign, and the Reds were sure to model the new home kit release.

Liverpool go Rome ahead of 2024/25 season

First team stars such as Virgil van Dijk, Luis Diaz, Trent Alexander-Arnold, Mohamed Salah were on to model the new jersey despite transfer speculations going down about their potential exit from the club post Jurgen Klopp.

Other first team figures seen modeling the new home kit are Alexis Mac Alister, Alisson Becker, Dominik Szoboszlai, Cody Gakpo, Ibrahima Konate, Curtis Jones and Joe Gomez (also rumored to be eyeing an exit).

Liverpool go Rome ahead of 2024/25 season

Missing figures from the new home kit release however are those who currently are on the sidelines thanks to fitness issues, such as Diogo Jota, Conor Bradley, Joel Matip, Thiago Alcantara, Adrian san Miguel and their academy graduates; Jarrell Quansah, Stefan Bajcetic and the likes.

Out from the names, Joel Matip, Thiago Alcantara and goalie Adrian san Miguel are figures doubtful of remaining at the club next season.

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Former Lawmaker Exposes Fake News on UAE Visa Ban Saga

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Former federal lawmaker, Shehu Sabi has criticized the individual responsible for spreading false information about the United Arab Emirates (UAE) lifting the visa ban on Nigeria.

This misinformation surfaced two years after the UAE imposed the ban and rejected pending visa applications from Nigerians.

Despite reports circulating on Tuesday about the resumption of visa services for Nigerians, the Nigerian government promptly refuted the claims.

Sani, who represented Kaduna central senatorial district in the 8th Assembly, expressed dismay, stating that the person behind the fake news is not trustworthy and emphasized that this marks the third occurrence of such misinformation.

He also raised concerns about the possibility of the individual being a travel agent.

 

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