Merlin Network

Anghami Lab Opens in Boulevard Riyadh City, Bringing a Whole New Experience to the City’s Buzzing Music and Social Scene

Retrieved on: 
Monday, November 21, 2022
Destinations, Travel, Music, Mobile Entertainment, Food, Beverage, Events, Concerts, Retail, Entertainment, Arab world, Catalog, MENA, Disc jockey, New Experience, Friends, Human, Partnership, File sharing, Entrepreneurship, Form, International, Multimedia, Universal Music Group, Lab, Life, Culture, Music, Merlin Network, Drink, Broken Social Scene, Sony Music, Ecosystem, COVID-19, Warner Music Group, Nightclub, Video game, Tourism, Mediterranean Sea, Dallal Merwa Achour, Anghami

View the full release here: https://www.businesswire.com/news/home/20221121005525/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221121005525/en/
    Anghami Lab Opens in Boulevard Riyadh City, Bringing a Whole New Experience to the Citys Buzzing Music and Social Scene (Photo: Business Wire)
    A rooftop with a twist, Anghami Lab is a partnership between Anghami and Addmind, the regions market leader in hospitality.
  • We hope our first-of-its-kind entertainment destination mirrors the unique experience Anghami fans get from the app.
  • We believe Anghami Lab is a true reflection of the exciting, vibrant, and modern face of Riyadh.
  • Anghami cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Anghami Reports Preliminary Q3 2022 Unaudited Results With 29% Y-O-Y Revenue Growth and Gross Profit Increase

Retrieved on: 
Tuesday, November 15, 2022
Consumer Electronics, Technology, Other Communications, Online, General Entertainment, Entertainment, Communications, Digital Marketing, Apps, Applications, Internet, Mobile, Wireless, Investment, MENA, Inc., City, Happy Endings (album), Human, Rotana Mousica, Merlin Network, Partnership, Multimedia, Cloud computing, Universal Music Group, Annual report, Du (company), Music, Acquisition, Sony Music, Ecosystem, COVID-19, Warner Music Group, Tourism, Video game, Risk management, Kingdom, Anghami, ARPU

Anghami Inc. (NASDAQ: ANGH) (the Company or Anghami), the leading music and entertainment streaming platform in the Middle East and Africa region (MENA), reported today its preliminary unaudited results for Q3 2022 ended September 30, 2022.

Key Points: 
  • Anghami Inc. (NASDAQ: ANGH) (the Company or Anghami), the leading music and entertainment streaming platform in the Middle East and Africa region (MENA), reported today its preliminary unaudited results for Q3 2022 ended September 30, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20221115005925/en/
    ANGHAMI REPORTS PRELIMINARY Q3 2022 UNAUDITED RESULTS WITH 29% Y-O-Y REVENUE GROWTH AND GROSS PROFIT INCREASE (Graphic: Business Wire)
    Subscription revenue in Q3 2022 increased 27% quarter-over-quarter, which is in line with Anghami's total revenue growth, which also increased 29% year-over-year from $24.5 million to $31.7 million.
  • "I am proud to report that we grew our Q3 2022 gross profit by 13% quarter-over-quarter, driven by an 8% increase in ARPU.
  • Sustained focus on profitability required tough measures such as a 22% reduction in headcount and 19% savings in cloud computing costs - despite a 15% increase in music traffic in Q3 2022.

Anghami Reports Strong Preliminary H1 2022 Results With 29% Y-O-Y Revenue and 41% Y-O-Y Monthly Subscriber Growth

Retrieved on: 
Monday, August 15, 2022
Mobile, Wireless, Online, Entertainment, Internet, Mobile Entertainment, Consumer Electronics, Apps, Applications, Technology, General Entertainment, Other Communications, Digital Marketing, Communications, Merlin Network, Universal Music Group, U.S. Securities and Exchange Commission, Human voice, Spotlight, Ecosystem, Growth, SEC, Inc., Active users, Human, COVID-19, Company, Acquisition, Sony Music, MBC Group, Partnership, Reading, NASDAQ, Music, Private Securities Litigation Reform Act, Warner Music Group, Form 20-F, Advertising, Annual report, Monthly, Rotana Mousica, Printing, Risk management, Anghami, Arabic

Excluding these foreign currency effects and applying constant exchange rates year-over-year, revenue would have increased by more than 50% year-over-year.

Key Points: 
  • Excluding these foreign currency effects and applying constant exchange rates year-over-year, revenue would have increased by more than 50% year-over-year.
  • On February 24, 2022, Anghami announced an exclusive partnership with Egyptian artist Amr Diab, the global megastar of Arabic music and the most streamed artist on the Anghami platform, with close to 1.2 billion streams.
  • This exclusive partnership brings the legendary singers entire audio and video catalog, as well as future releases, exclusively to the Anghami platform.
  • Eddy Maroun, Co-founder, and Chief Executive Officer of Anghami, said, "The first half results should lead to a record year for Anghami in 2022.

Anghami Acquires Live Events and Concerts Company Spotlight, as It Expands Into Offline and Virtual Entertainment

Retrieved on: 
Thursday, June 30, 2022
Entertainment, Technology, Online, Music, Mobile Entertainment, Events, Concerts, Internet, Department, Music, Universal Music Group, Inc., Acquisition, Telco, AR, Warner Music Group, Greeting, CEO, Merlin Network, Vision, Sony Music, International, File sharing, COVID-19, GCC, Growth, Commerce, U.S. Securities and Exchange Commission, Ecosystem, VIP, Catalog, VR, Form, Event management, Partnership, Marketing, SEC, Human, Private Securities Litigation Reform Act, NASDAQ, IPO, Offline mobile learning, Program, Multimedia, Video game, Interior design, Tourism, Anghami, Spotlight, Tourism, Nasdaq

Anghami Inc. (Anghami) (NASDAQ: ANGH), the leading music and entertainment streaming platform in the Middle East and North Africa (MENA), has announced the acquisition of Spotlight Events, an events and concert company specialized in managing and executing live events and concerts in the region.

Key Points: 
  • Anghami Inc. (Anghami) (NASDAQ: ANGH), the leading music and entertainment streaming platform in the Middle East and North Africa (MENA), has announced the acquisition of Spotlight Events, an events and concert company specialized in managing and executing live events and concerts in the region.
  • View the full release here: https://www.businesswire.com/news/home/20220630005624/en/
    Anghami Acquires Live Events and Concerts Company Spotlight, as It Expands Into Offline and Virtual Entertainment (Photo: Business Wire)
    The partnership will see Spotlight Events become Anghami's arm for live events and concerts, including offline activities and activations to further expand Anghami's footprint in the music and entertainment ecosystem while unlocking synergies and opportunities between the physical and digital worlds.
  • Maher has built a great business on solid economics and has proven that live concerts and events are a scalable and profitable business.
  • To learn more about Anghami, please visit: https://anghami.com
    Started in December 2005 as a fully integrated Events Management company.

A Decade of Partnership Renewed as MBC GROUP and Anghami Renew Their Marketing Agreement

Retrieved on: 
Tuesday, June 21, 2022
Entertainment, Other Entertainment, Film & Motion Pictures, TV and Radio, General Entertainment, Music, Mobile Entertainment, Warner Music Group, MBC3, Dubai Media City, MBC, COVID-19, Music, MBC FM, Catalog, Panorama FM, Universal Music Group, Human, CEO, Sports broadcasting contracts in Middle East & North Africa, Television, Entrepreneurship, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, Merlin Network, FADEL, SAM, Kingdom, MBC4, NASDAQ, Western, Maghreb, SEC, Human voice, Sony Music, Partnership, File sharing, MBC2, Multimedia, International, Telco, Form, UCF Center for Emerging Media, OSN, Arab world, PERSIA, Video game, MBC1, Anghami

"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.

Key Points: 
  • "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.
  • 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.
  • MBC GROUP also includes two FM radio stations: MBC FM (Gulf music) and Panorama FM (contemporary Arabic hit music).
  • Anghami cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Anghami, Volkswagen Partner to Promote Safer Driving

Retrieved on: 
Thursday, May 26, 2022
Other Entertainment, TV and Radio, Automotive, Music, Technology, General Automotive, Other Technology, Entertainment, Volkswagen, Catalog, Form, International, U.S. Securities and Exchange Commission, MENA, User interface, News, Music, NASDAQ, Merlin Network, File sharing, COVID-19, Warner Music Group, CTO, Research, Telco, Universal Music Group, Partnership, Sony Music, Human, UI, Advertising, PR, Private Securities Litigation Reform Act, SEC, Motor vehicle, Mobile phone, Anghami

Volkswagen Middle East has partnered with music streaming platform Anghami (NASDAQ:ANGH) to promote safe driving using Anghamis Auto Car Mode, a unique User Interface (UI).

Key Points: 
  • Volkswagen Middle East has partnered with music streaming platform Anghami (NASDAQ:ANGH) to promote safe driving using Anghamis Auto Car Mode, a unique User Interface (UI).
  • Volkswagen will be the exclusive mobility partner and sponsor for the Auto Car Mode.
  • The collaboration between the two brands comes after the successful campaign by Volkswagen in 2021, where the brands created a calming playlist to promote safer driving.
  • We are pleased to partner with Anghamis Auto Car Mode feature as we strive to achieve safer roads in the Middle East, added Anja Petrovski, Marketing & PR Director of Volkswagen Middle East.

Anghami and TOD Partner to Provide Users With World Class Sports and Entertainment Content

Retrieved on: 
Thursday, April 14, 2022
Online, Sports, Mobile, Wireless, Entertainment, Mobile Entertainment, General Sports, Technology, General Entertainment, Other Entertainment, TV and Radio, Music, Audio, Video, Licensing (Entertainment), Inc., Sport, Merlin Network, Telco, U.S. Securities and Exchange Commission, OTT, COVID-19, NASDAQ, International, Collection, Music, Private Securities Litigation Reform Act, Human, Growth, TOD, Sony Music, Form, BeIN Sports, Universal Music Group, Warner Music Group, SEC, Catalog, Business development, Multimedia, Football, Partnership, FIFA, Business, File sharing, Bein, Entertainment, Video game, Anghami

Anghami subscribers will also receive a one-month package to TOD Entertainment where they will have access to all the platforms world class content.

Key Points: 
  • Anghami subscribers will also receive a one-month package to TOD Entertainment where they will have access to all the platforms world class content.
  • Our goal is a simple one; to provide users around the world with the very best content.
  • In the meantime, to find out more about the new TOD partnership and to subscribe to Anghami Plus, go to www.anghami.com .
  • Anghami cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Rotana and Anghami Sign Strategic Partnership to Bring Largest Arabic Library Back to Platform

Retrieved on: 
Wednesday, April 6, 2022
Entertainment, Other Entertainment, TV and Radio, Online, Mobile Entertainment, Music, Human, Catalog, Arabs, NASDAQ, Music, Partnership, Form, Sony Music, Multimedia, Growth, Board, Rotana, SEC, Merlin Network, CEO, Rotana Mousica, Entrepreneurship, Private Securities Litigation Reform Act, Warner Music Group, U.S. Securities and Exchange Commission, Universal Music Group, International, File sharing, COVID-19, Film and Publication Board, Reunion, GCC, Arab world, Social media, Collection, Telco, Video game, Anghami

Commenting on the agreement, Mr. Salem Al Hindi, CEO of Rotana Music Holding, said: "We are thrilled to commence this partnership with Anghami, which will also strengthen the relationship between Rotana and its artists.

Key Points: 
  • Commenting on the agreement, Mr. Salem Al Hindi, CEO of Rotana Music Holding, said: "We are thrilled to commence this partnership with Anghami, which will also strengthen the relationship between Rotana and its artists.
  • We are confident that this collaboration will expand the business even further with the purpose of reaching Rotana music fans across the world.
  • We are delighted to welcome Rotana to Anghami, said Eddy Maroun, Co-Founder and CEO of Anghami.
  • Rotana owns the largest music library and covers the most important Arab festivals in various countries.

Anghami Rebrands on the Back of Landmark NASDAQ Listing

Retrieved on: 
Monday, March 14, 2022
Entertainment, Public Relations, Investor Relations, Marketing, Online, Communications, Mobile Entertainment, General Entertainment, TV and Radio, Music, Licensing (Entertainment), Inc., NASDAQ, Heart, Burj Khalifa, International, Music, UltraViolet (digital copy download format technological system), Collection, Private Securities Litigation Reform Act, Toyota Vitz, Projection, Partnership, Arabs, Merlin Network, U.S. Securities and Exchange Commission, Entrepreneurship, KSA, Sony Music, Noise, Warner Music Group, Radio, Human, Form, DJ, Universal Music Group, Catalog, COVID-19, Arab world, MENA, Growth, Telco, SEC, File sharing, GCC, Mobile phone, Anghami, Live radio

Marking an exciting new era for the brand, the new identity dropped on March 3rd across digital, social, app stores and the Anghami platform.

Key Points: 
  • Marking an exciting new era for the brand, the new identity dropped on March 3rd across digital, social, app stores and the Anghami platform.
  • Anghami is here to make these voices heard, whether thats through playlists, starting your own radio station or simply liking a podcast.
  • In celebration of its new positioning, Anghami is empowering users to share their voices by making the microphone feature available to all Anghami Plus members.
  • Anghami cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Metaverse Market Size Worth $678.8 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, March 9, 2022
Metaverse, Bitcoin, Ethereum, Cloud, Partnership, Metal Slug, Adoption, TiMi Studios, Non-fungible token, Merlin, Cryptocurrency, 3D, ByteDance, Growth, Facebook, Inc., Industry, WMG, Harmonix, Augmented reality, Tencent, NetEase, AI, Rock Band 4, AR, Virtual reality, Organization, Blockchain, USD, Public expenditure, Entrepreneurship, Research, Merlin Network, SNK, Warner Music Group, Sketchfab, Fortnite, Health, XR, VR, Education, Social media, Chief executive officer, NetEase Music, Software, CAGR, SAN, Application, Oculus (brand), Video game, Medical device, Video game console, Facebook, Sandbox, Technology

SAN FRANCISCO, March 9, 2022 /PRNewswire/ --The global metaverse market size is predicted to attain USD 678.8 billion by 2030, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, March 9, 2022 /PRNewswire/ --The global metaverse market size is predicted to attain USD 678.8 billion by 2030, according to a new report by Grand View Research, Inc.
  • The metaverse market is also growing due to the steady adoption of XR technologies to enhance user experience on various platforms.
  • The growing demand for metaverse to purchase digital assets using cryptocurrencies is expected to drive the market significantly.
  • During the forecast period, rising demand for blockchain-based metaverse networks and platforms for trading digital assets is expected to drive considerable market revenue growth.