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The Deal Sheet: 31 African music deals verified this week

Every music rights, catalogue and investment deal Afrobeats Wire verified in the last seven days, with the source document for each.

Every deal Afrobeats Wire verified this week, with the document behind each one. Figures are as stated in the source; where no consideration was disclosed, the row says so.

Deal Type Parties Amount Source
Sony Music Publishing Signed Ghana’s Lynx Entertainment in June 2024. The Label It Signed No Longer Manages Any Artist. Publishing Sony Music Publishing, Lynx Entertainment Not disclosed Document
Trade Press Reported Asake Signed a Distribution Deal With gamma. in 2025. His Copyright Line Has Read EMPIRE on Every Release Since. Distribution Giran Republic, gamma., EMPIRE Not disclosed Document
Tems Signed to RCA Records and Since ’93 in 2021. Her Pre-Signing Catalogue Still Sits With Her Own UK Company. Licensing RCA Records, Since ’93, The Leading Vibe UK Limited, Sony Music Entertainment Not disclosed Document
Burna Boy’s Masters Sit With His Own Company. Atlantic’s License Excludes Africa. Licensing Spaceship Entertainment, Atlantic Recording Corporation, Bad Habit Not disclosed Document
Wizkid’s Masters Belong to Starboy Entertainment Ltd. UK Companies House Dissolved the Company in June 2026. Licensing Starboy Entertainment Limited, RCA Records Not disclosed Not disclosed Document
Warner Music and Ziiki Media Signed Diamond Platnumz’s WCB-Wasafi to a 360 Partnership in 2021. Warner’s SEC Filings Have Never Listed It as a Subsidiary. Distribution Warner Music Group, Ziiki Media, WCB Wasafi Not disclosed Not disclosed Document
CKay’s Masters Now Sit With His Own Company. AWAL Holds an Exclusive Licence, Not the Copyright. Licensing AWAL, CKay Holdings LLC Not disclosed Document
Warner Music Group Licenses Its Catalogue to Audiomack Across Africa, Then to 47 More Countries Licensing Warner Music Group, Audiomack Not disclosed Document
Kobalt Signed Mr Eazi’s emPawa to a Worldwide Publishing Deal in 2020. It Administers the Catalogue. emPawa’s Own UK Company Owns It. Publishing Kobalt Music Group, emPawa Africa Not disclosed Document
Sony Music Publishing signs Gallo Music Publishers to a worldwide publishing administration deal that excludes Africa Publishing Sony Music Publishing, Gallo Music Publishers Not disclosed. No fee, commission rate, administration percentage, advance, minimum guarantee or equity was stated by either party in the announcement of 24 March 2021, and no figure has appeared in any corroborating source checked for this record. Document
Who Owns Tyla’s Masters? FAX Records, Under Exclusive Licence to Epic. The Roc Nation Signing Was Never Confirmed. Joint Venture FAX Records, Epic Records Not disclosed Document
Ticketmaster acquired Cape Town’s Quicket: Live Nation’s subsidiary list names five African companies the announcement did not Acquisition Ticketmaster, Live Nation Entertainment, Quicket, Knife Capital Not disclosed Document
Def Jam Recordings Signed Adekunle Gold in March 2023. By 2025, His Own Label’s Copyright Line Showed He Was Gone. Licensing Def Jam Recordings, Somtin Different Not disclosed Document
Virgin Music Group Extended Its Global Distribution Deal With Gallo and Content Connect Africa. Distribution Moved, Ownership Did Not. Distribution Virgin Music Group, Gallo Record Company, Content Connect Africa, Arena Holdings, Universal Music Group, Gallo Music Publishers, Sony Music Publishing Not disclosed. No consideration, advance, distribution fee or revenue split was stated by any party, and no equity is stated to have changed hands. Document
Believe Went Fully Private in August 2025: A Founder-Led Consortium With EQT and TCV Now Controls the Company Behind TuneCore’s Africa Business Acquisition Believe, EQT, TCV EUR EUR 17.20 per share (final squeeze-out price); implied total equity value approx. EUR 1.73bn, calculated from 100,703,744 shares in issue, not a figure stated by any party Document
Def Jam Signed a Joint Venture With Nigeria’s NATIVE Records in 2022. One Artist’s Masters Show What That Actually Means, and One Doesn’t. Joint Venture Def Jam Recordings, The NATIVE Not disclosed Document
Warner Music South Africa acquired Afrikaans label Coleske: Warner’s own filings name three South African companies Acquisition Warner Music Group, Coleske Artists Not disclosed Not disclosed Document
Boomplay’s $20 Million Series A: The Investment That Didn’t Change Who Owns Africa’s Biggest Streaming App Investment Boomplay, Maison Capital, Seas Capital USD 20,000,000 Document
Kobalt Partnered With Nigeria’s Inner Circle Publishing in November 2025. Neither Side Named the Deal Type. Publishing Kobalt Music Group, Inner Circle Publishing Not disclosed Document
Sony Music France buys Lusafrica and Africa Nostra, the label and publisher holding Cesária Évora’s catalogue Acquisition, Catalogue Sale, Publishing Sony Music Entertainment France, Sony Music Publishing France, Lusafrica, Africa Nostra Not disclosed (both companies report in EUR) Not disclosed Document
OSN takes control of Anghami in $38 million cash-and-content deal that hands a Kuwaiti pay-TV group the board Acquisition Anghami, OSN Streaming Limited, Panther Media Group Limited, Kuwait Projects Company (Holding) K.S.C.P., Warner Bros. Discovery, Inc. USD 38,000,000 Document
Trace, Africa’s Biggest Afro-Urban Media Group, Went From a Swedish Broadcaster to US Private Equity for €30m Acquisition Trace, TPG Growth, Modern Times Group MTG AB, Evolution Media, Satya Capital EUR 30,000,000 Document
Kobalt Changed Hands in July. The UK Register Names Brookfield and Larry Mestel, Not Primary Wave. Acquisition, Investment, Publishing Kobalt Music Group, Primary Wave Music, Brookfield Corporation, Francisco Partners, Inner Circle Publishing Not disclosed by the parties Document
Kupanda and TPG Growth’s 2019 Investment in Mavin Records: The Deal Before the UMG Deal Investment Mavin Records Not disclosed Document
Universal Music Group Completes $775m Downtown Deal, Taking In Africa’s Largest Independent Publisher Acquisition Universal Music Group, Virgin Music Group, Downtown Music Holdings, Sheer Publishing Africa USD 775,000,000 Document
EMPIRE and Olamide’s YBNL Nation sign joint-venture distribution and publishing deal Distribution, Joint Venture, Publishing EMPIRE, YBNL Nation Not disclosed Document
UMG’s East Africa Unit Buys the Melodica Catalogue, Not the Shop That Built It Acquisition, Catalogue Sale Universal Music Group, Melodica Not disclosed Document
Mdundo raises DKK 8.9m as a proposal for 40% of the company goes unanswered Investment Mdundo, JVD Holding ApS, Holdingselskabet af 29. juni 2010 ApS DKK 8,905,738 Document
Universal Music Group takes majority control of Mavin Global Acquisition, Investment Universal Music Group, Mavin Records Not disclosed Document
Reservoir Media buys publishing rights to Lion King composer Lebo M’s catalogue Acquisition, Publishing Reservoir Media Not disclosed Document
Warner Music Group completes full acquisition of Africori Acquisition Africori, Warner Music Group Not disclosed Document

Corrections to any figure or party listed here go to the newsroom and are applied to the underlying deal record, not just the roundup.

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Written by

Yewande Coker

Yewande Coker is Afrobeats Wire's business editor. She covers the money side of African music: catalogue acquisitions, distribution and publishing deal structures, label finances, and the ownership chains behind the continent's biggest rights.

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