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Universal Music Group Acquires Majority Stake In Mavins Records - Music/Radio (2) - Nairaland

Nairaland Forum / Entertainment / Music/Radio / Universal Music Group Acquires Majority Stake In Mavins Records (26759 Views)

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Re: Universal Music Group Acquires Majority Stake In Mavins Records by Amayabor1: 5:43pm On Feb 26
DARLINGTON869:
I think what Don jazzy wants to do is cash out big time. Then later on, he will go ahead an float another record label.

You got it spot on
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Depriest2020: 5:44pm On Feb 26
Those millions of dollars na billions of naira.

1 Like 1 Share

Re: Universal Music Group Acquires Majority Stake In Mavins Records by AngelicBeing: 5:44pm On Feb 26
wink
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Tinyemeka(m): 5:45pm On Feb 26
I recall reading up the circumstances in which the duo of D'banj and Don Jazzy split, resulting in the formation of Marvin records shortly after.

The resulting career trajectories of both personalities are also quite contrasting and talk for another day.

Anytime I hear about Don Jazzy's exploits my mind automatically goes to D'Banj and what he's doing now cos they were like rice and beans then.

1 Like

Re: Universal Music Group Acquires Majority Stake In Mavins Records by brain54(m): 5:45pm On Feb 26
Don jazzy Don sell out...

He said he lost passion so I guess!
Re: Universal Music Group Acquires Majority Stake In Mavins Records by aariwa(m): 5:46pm On Feb 26
Wow, that a big one one. Dbanj left don jazzy to purse American music stakeholders and now same stakeholders are pursuing don jazzy. American music industry is worth trillions of dollars because the entire world follows it

3 Likes

Re: Universal Music Group Acquires Majority Stake In Mavins Records by strictly4data: 5:46pm On Feb 26
Great
Re: Universal Music Group Acquires Majority Stake In Mavins Records by 2shure: 5:46pm On Feb 26
Don dizzy
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Irupetepete: 5:46pm On Feb 26
Matrix137:
Talent vultures.

Can't forget in a hurry what they did to D'banj
dbanj was greedy, he messed himself up

4 Likes 1 Share

Re: Universal Music Group Acquires Majority Stake In Mavins Records by DARLINGTON869(m): 5:47pm On Feb 26
airsaylongcome:


Universal Music aren't fools. They would have gotten a contract in place that limits him from starting a competitor within a specific time frame
Unless that. I thought of that though. Cos doing dis will make him lose firm control on the management of the record
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Larwin(m): 5:49pm On Feb 26
Wow
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Pimine: 5:50pm On Feb 26
thesicilian:

That wouldn't make any business sense, when you still have the autonomy to run the technical part of the business the way you deem fit.

👇👇👇
It makes a lot of sense to me. Sell and make the kind of money that you wouldn't make in 10 years. Start another label. In the tech world we call them serial entrepreneurs.
Re: Universal Music Group Acquires Majority Stake In Mavins Records by otunbakolawole(m): 5:51pm On Feb 26
Can't you pass your message across without going tribal?
FeliciaOja:
You have to give people from the east their accolades. When it comes to Business
They are the real genius.

I remember when Dbanj left Don jazzy and ran to USA. people said Don jazzy is finished
Mo hits is finished

Don jazzy as a true Igbo business man
Started a fresh with MARVIN
The rest was history

If only dbanj could see the future
He wouldn't have left Don jazzy
Now ordinary Rema get LEVELS on international scene pass Dbanj

Igbos you guys are real business guru
Congratulations Don Jazzy💥💥❤️❤️

5 Likes 1 Share

Re: Universal Music Group Acquires Majority Stake In Mavins Records by ekineme: 5:52pm On Feb 26
Probably he wants to diversify, like going into real estate and probably venturing into manufacturing (Drip soap comes to mind).

A good dancer knows when to leave the stage, nothing last forever.

3 Likes

Re: Universal Music Group Acquires Majority Stake In Mavins Records by Pimine: 5:52pm On Feb 26
airsaylongcome:


Universal Music aren't fools. They would have gotten a contract in place that limits him from starting a competitor within a specific time frame
All he has to do is invest in one like YBNL. There are always loopholes.

1 Like 1 Share

Re: Universal Music Group Acquires Majority Stake In Mavins Records by udeh3(m): 5:54pm On Feb 26
FeliciaOja:
You have to give people from the east their accolades. When it comes to Business
They are the real genius.

I remember when Dbanj left Don jazzy and ran to USA. people said Don jazzy is finished
Mo hits is finished

Don jazzy as a true Igbo business man
Started a fresh with MARVIN
The rest was history

If only dbanj could see the future
He wouldn't have left Don jazzy
Now ordinary Rema get LEVELS on international scene pass Dbanj

Igbos you guys are real business guru
Congratulations Don Jazzy💥💥❤️❤️

Can't we just talk without relating it to tribalism or region? In addition, getting facts right is important for public education. Don Jazzy is not from the east. He's from the south, I mean South South, Isoko, Delta State

Congratulations to the Genius!

13 Likes 1 Share

Re: Universal Music Group Acquires Majority Stake In Mavins Records by greypencils: 5:54pm On Feb 26
Take a bow Jazzman Don.
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Otiwaikuku: 5:56pm On Feb 26
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Pimine: 5:56pm On Feb 26
otunbakolawole:
Can't you pass your message across without going tribal?
Her message is "Igbos are very good business men". How else would she have said that without mentioning Igbos? Why are you pained?

You seem to be the tribalistic one here seeing that you're pained that someone - a Yoruba individual - for that matter is complimenting the business prowess of the tribe you love to hate.

Repent of that hate in your soul.

3 Likes

Re: Universal Music Group Acquires Majority Stake In Mavins Records by Mayflowa(m): 5:58pm On Feb 26
DARLINGTON869:
I think what Don jazzy wants to do is cash out big time. Then later on, he will go ahead a float another record label.

Why will he do that. He is still the CEO here and have free hand to make decision. Right now, it easy to sell his music abroad to not just African living abroad but white inclusive. And can transport artiste abroad for shows. He stands to gain more dollar money like this

2 Likes

Re: Universal Music Group Acquires Majority Stake In Mavins Records by thesicilian: 5:58pm On Feb 26
Pimine:

It makes a lot of sense to me. Sell and make the kind of money that you wouldn't make in 10 years. Start another label. In the tech world we call them serial entrepreneurs.
Ok
Re: Universal Music Group Acquires Majority Stake In Mavins Records by pipnator00(m): 6:02pm On Feb 26
Na my man Dbanj loose pass here. Dude wanted to hit the international scene so quickly. I listen to one interview granted by DonJazzy, he said biggest issue he had with Dbanj was about strategy.

According to DonJazzy, Dbanj wanted them to hit the international market more while he was of the view that they should first capture the local market (Nigeria) before thinking international. I think DonJazzy did well by solidifying his reach locally. Now na the international market dey find am come!

5 Likes 2 Shares

Re: Universal Music Group Acquires Majority Stake In Mavins Records by Lukane: 6:03pm On Feb 26
FeliciaOja:
You have to give people from the east their accolades. When it comes to Business
They are the real genius.

I remember when Dbanj left Don jazzy and ran to USA. people said Don jazzy is finished
Mo hits is finished

Don jazzy as a true Igbo business man
Started a fresh with MARVIN
The rest was history. Is don jazzy an igboman? The father is from delta state ,(isoko )to be precise, while the late mother is from Abia state.....

If only dbanj could see the future
He wouldn't have left Don jazzy
Now ordinary Rema get LEVELS on international scene pass Dbanj

My business manager must be from Igbo
They have good business IQ
I cannot come and kii myself in business
Let those who are good in it handle it for me

Congratulations Don Jazzy💥💥❤️❤️
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Matrix137(m): 6:07pm On Feb 26
Irupetepete:
dbanj was greedy, he messed himself up
Lol don't be naive. You think this people are happy that afrobeat is taking over the world making their indigenous artistes more like trash this days?

I will use the recent Grammy award as a case study.

Won't explain further.

1 Like 1 Share

Re: Universal Music Group Acquires Majority Stake In Mavins Records by LastProphet: 6:09pm On Feb 26
FeliciaOja:
You have to give people from the east their accolades. When it comes to Business
They are the real genius.

I remember when Dbanj left Don jazzy and ran to USA. people said Don jazzy is finished
Mo hits is finished

Don jazzy as a true Igbo business man
Started a fresh with MARVIN
The rest was history

If only dbanj could see the future
He wouldn't have left Don jazzy
Now ordinary Rema get LEVELS on international scene pass Dbanj

My business manager must be from Igbo
They have good business IQ
I cannot come and kii myself in business
Let those who are good in it handle it for me

Congratulations Don Jazzy💥💥❤️❤️

Very true you can't take it from Ibos, they are great in business though they also add lots of criminality but not all of them. People like Coscharis has my complete respect because I'm familiar with his dealings. His grass to grace story is authentic. Don Jazzy is one of the wisest people of his generation

3 Likes

Re: Universal Music Group Acquires Majority Stake In Mavins Records by Smartguyboy(m): 6:10pm On Feb 26
naptu2:


https://www.musicbusinessworldwide.com/universal-music-group-buys-majority-stake-in-afrobeats-label-mavin/

Always America way Hostile takeover they now own it and make any decision.
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Kobicove(m): 6:14pm On Feb 26
DARLINGTON869:
I think what Don jazzy wants to do is cash out big time. Then later on, he will go ahead an float another record label.

He won't be able to do that because the contract will contain a "non compete" clause which will prevent him from establishing another music label for some years after leaving Mavin undecided

2 Likes

Re: Universal Music Group Acquires Majority Stake In Mavins Records by SyrusdeHansome(m): 6:15pm On Feb 26
[quote author=FeliciaOja post=128659933]You have to give people from the east their accolades. When it comes to Business
They are the real genius.

I remember when Dbanj left Don jazzy and ran to USA. people said Don jazzy is finished
Mo hits is finished

Don jazzy as a true Igbo business man
Started a fresh with MARVIN
The rest was history

If only dbanj could see the future
He wouldn't have left Don jazzy
Now ordinary Rema get LEVELS on international scene pass Dbanj

My business manager must be from Igbo
They have good business IQ
I cannot come and kii myself in business
Let those who are good in it handle it for me

Congratulations Don Jazzy
Re: Universal Music Group Acquires Majority Stake In Mavins Records by Paraman: 6:16pm On Feb 26
philsbaba:
Is it an american label?
Yes
Re: Universal Music Group Acquires Majority Stake In Mavins Records by kay29000(m): 6:16pm On Feb 26
philsbaba:
Is it an american label?

Yes
Re: Universal Music Group Acquires Majority Stake In Mavins Records by pipnator00(m): 6:19pm On Feb 26
Matrix137:
Lol don't be naive. You think this people are happy that afrobeat is taking over the world making their indigenous artistes more like trash this days?

I will use the recent Grammy award as a case study.

Won't explain further.

You actually sound naïve here. The interest is MONEY and not how anyone feels!
They want to be a part of the loot coming out of African.

2 Likes

Re: Universal Music Group Acquires Majority Stake In Mavins Records by TundeEdnut35(m): 6:20pm On Feb 26
FeliciaOja:
You have to give people from the east their accolades. When it comes to Business
They are the real genius.

I remember when Dbanj left Don jazzy and ran to USA. people said Don jazzy is finished
Mo hits is finished

Don jazzy as a true Igbo business man
Started a fresh with MARVIN
The rest was history don jazzy is not igbo he is from the urhobo tribe stop capping nonsense

If only dbanj could see the future
He wouldn't have left Don jazzy
Now ordinary Rema get LEVELS on international scene pass Dbanj

My business manager must be from Igbo
They have good business IQ
I cannot come and kii myself in business
Let those who are good in it handle it for me

Congratulations Don Jazzy💥💥❤️❤️

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