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Universal Music Group Acquires Chabaka Music, Uae-Based Digitally-Focused Music Marketing And Distribution Agency

PRIVATEAug 30, 2023

Acquiring Company

Universal Music Group

Acquired Company

Chabaka Music Group

Santa MonicaSustainabilityMusicMusic

Description

Universal Music Group (UMG), the world's leader in music-based entertainment, today announced that it has entered into an agreement to acquire UAE-based music company, Chabaka, part of the CHBK Group.

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Company Information

Company

Universal Music Group

Location

Santa Monica, California, United States

About

At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms, and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com. SOURCE Universal Music Group

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Frequently asked

Who acquired Chabaka Music Group?

Chabaka Music Group was acquired by Universal Music Group, based in Santa Monica. The deal was reported on August 30, 2023. At Universal Music Group, we exist to shape culture through the power of artistry. Universal Music Group is privately held and operates in Sustainability.

When did Universal Music Group acquire Chabaka Music Group?

Universal Music Group's acquisition of Chabaka Music Group was reported on August 30, 2023. Universal Music Group (UMG), the world's leader in music-based entertainment, today announced that it has entered into an agreement to acquire UAE-based music company, Chabaka, part of the CHBK Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Chabaka Music Group do?

Chabaka strives to revolutionize the music industry in the MENA region by providing innovative and transparent solutions and offerings to independent artists and labels. It is privately held, operating in Music.

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