New deal to see platform featured across
network of entertainment shows, television and radio stations,
streaming and social channels, strengthening Anghami’s reach in the
MENA region
MBC GROUP, the largest and leading media company in the Middle
East and North Africa (MENA), has set a new dimension for the
marketing collaboration with Anghami Inc. (NASDAQ: ANGH), the
region’s leading music and entertainment streaming platform, and
renewed its marketing agreement.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220621005812/en/
MBC GROUP X ANGHAMI - EDDY MAROUN
(ANGHAMI CO-FOUNDER & CEO), SAM BARNETT (MBC GROUP CEO), FADEL
ZAHREDDINE (MBC GROUP GD EMERGING MEDIA) (Photo: Business Wire)
This strategic partnership will feature Anghami across MBC
GROUP’s programming in the region, with a view to giving the
platform access to airtime across various popular and key-market
segment entertainment shows such as The Voice and Arab Idol, as
well as MBC’s TV channels, radio stations, its content streaming
platform Shahid - the world’s leading Arabic streaming platform -
and all major social channels.
Commenting on the new phase of the long-term partnership with
Anghami, Fadel Zahreddine, Group Director of Emerging Media at
MBC GROUP said: “After nearly a decade of a successful
partnership, we continue to create new opportunities for rising
music talent, and we continue to inspire upcoming musicians by
encouraging platforms like Anghami to give them the creative space
to publish their premium music content.”
Underpinning Anghami’s commitment to growing its global reach
and cement its foothold in the MENA region, the partnership marks
an expanded deal between both parties to bridge the gap between
digital and traditional entertainment.
"This strategic announcement clearly demonstrates among industry
titan's such as MBC GROUP the continued and growing confidence in
Anghami and in our ability to provide an unparalleled experience to
our users. Together with MBC GROUP, we are excited to strengthen
our position as the leading music and entertainment streaming
platform and will continue to leverage the power of our strategic
partnerships to widen our reach in the Kingdom of Saudi Arabia and
beyond,” said Eddy Maroun, Co-Founder and CEO of
Anghami.
Stay tuned for more exciting updates from Anghami. For more
information and to subscribe to Anghami Plus, go to
www.anghami.com.
About Anghami Inc.
The first, most established and fastest-growing music technology
platform in the Middle East and North Africa region, Anghami is the
go-to destination for Arabic and International music and
entertainment, creating artists, and connecting people. With its
extensive eco-system of music, podcasts, events and more, Anghami
provides the tools for anyone to create, curate and share their
voice with the world.
Launched in 2012, Anghami was the first music-streaming platform
in MENA to digitize the region’s music. Today, it has the largest
catalog comprising 72 million songs and licensed content from
leading Arabic labels, independent artists, and distributors,
available for 75 million registered users. Anghami has established
40+ Telco partnerships to facilitate subscriptions and customer
acquisitions, in parallel to building long-term relationships with
and featuring music from major music labels including Universal
Music Group, Sony Music Entertainment, Warner Music Group and the
Merlin Network and is constantly licensing and producing new and
original content. Headquartered in Abu Dhabi, Anghami has offices
in Beirut, Dubai, Cairo, and Riyadh and operates in 16 countries
across MENA and has recently expanded into the US and Canada, with
Europe in the pipeline. It is the only service available in
English, Arabic and French, and remains close to its customer base,
not only thanks to its pan-regional presence but also via the 56
million user data points it generates every day.
To learn more about Anghami, please visit:
https://anghami.com
About MBC GROUP:
MBC GROUP is the largest and leading media company in the
Middle East & North Africa region that enriches people’s lives
through information, interaction and entertainment. In 2002, nearly
a decade after the launch of MBC1 in London, in 1991, MBC
GROUP moved its headquarters to Dubai Media City, United Arab
Emirates.
Today, MBC GROUP includes over 17 leading TV channels:
MBC1 (general family entertainment); MBC2 & MBC
MAX (24-hour western movies); MBC3 (children’s
edutainment with a mix of both local productions and western
acquisitions); MBC4 (entertainment for young families with a
female-focus); MBC ACTION (an indigenous adrenaline-packed
channel targeting young males with local and homegrown
productions); MBC VARIETY (Western films and general
entertainment with uninterrupted broadcasting); MBC DRAMA
(24/7 Arabic drama) & MBC+ DRAMA (a joint pay-TV channel
between MBC and OSN); MBC PERSIA (general family
entertainment dubbed and subtitled in Farsi); WANASAH
(24-hour Arabic music channel); MBC MASR & MBC MASR2
(general family entertainment geared towards the Egyptian family);
MBC BOLLYWOOD (delivering the freshest in Bollywood content
geared towards the region via an Arabized interface); MBC
USA (on “Dish Network” in the US); MBC IRAQ (a premium
channel aimed at the entire Iraqi family), MBC5 (new
satellite channel dedicated to the Maghreb); all of them benefit
from MBC STUDIOS which produces the region’s most compelling
premium content for cinema, television and on-demand platforms.
MBC GROUP also includes two FM radio stations: MBC FM
(Gulf music) and Panorama FM (contemporary Arabic hit
music).
Furthermore, part of MBC GROUP is Shahid and its
premium subscription-based service Shahid VIP, the world’s
leading Arabic streaming platform, home to highly rated original
productions from the Arab world, a wide range of exclusive movies
and premieres, as well as the top watched live Arab TV
channels.
Forward-looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. Anghami’s actual
results may differ from its expectations, estimates, and
projections and, consequently, you should not rely on these
forward-looking statements as predictions of future events. Words
such as “expect,” “estimate,” “start,” “project,” “budget,”
“forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,”
“should,” “believes,” “predicts,” “potential,” “continue,” and
similar expressions (or the negative versions of such words or
expressions) are intended to identify such forward-looking
statements. These forward-looking statements involve significant
risks and uncertainties that could cause the actual results to
differ materially from those discussed in the forward-looking
statements. Most of these factors are outside Anghami’s control and
are difficult to predict. Factors that may cause such differences
include, but are not limited to: the impact of COVID-19 on
Anghami’s business; the outcome of any legal proceedings that may
be instituted against Anghami; changes in applicable laws or
regulations; and the possibility that Anghami may be adversely
affected by other economic, business, and/or competitive factors;
and other risks and uncertainties identified in Anghami’s
registration statement on Form F-4 (File No. 333-260234) filed with
the U.S. Securities and Exchange Commission (the “SEC”), which was
declared effective on December 16, 2021, including those under
“Risk Factors” therein, and in other documents filed or to be filed
with the SEC by Anghami and available at the SEC’s website at
www.sec.gov. Anghami cautions that the foregoing list of factors is
not exclusive. Anghami cautions readers not to place undue reliance
upon any forward-looking statements, which speak only as of the
date made. Except as required by law, Anghami does not undertake or
accept any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements to reflect
any change in its expectations or any change in events, conditions,
or circumstances on which any such statement is based.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220621005812/en/
For further information contact: MBC GROUP Sasha
GEMAYEL Sr. Group PR Manager +971 50 1547258
Sasha.Gemayel@mbc.net
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