Spotify Reportedly Explores Anghami Buyout Amid Rapid MENA Music Industry Growth

Spotify (NYSE: SPOT) is reportedly exploring a potential acquisition of Middle Eastern streaming service Anghami (NASDAQ: ANGH). The Stockholm-headquartered company’s reported buyout of Anghami, which debuted on the public market via a SPAC merger in February, came to light in a piece from Dubai-based Frankly Magazine. But execs at Anghami, which said that it boasted […]

The post Spotify Reportedly Explores Anghami Buyout Amid Rapid MENA Music Industry Growth appeared first on Digital Music News.

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