ABU
DHABI, 11 September 2024 - ESMAA, an Abu Dhabi-based rights management entity representing global
music stakeholders in the Gulf and Middle
East, and Anghami (NASDAQ: ANGH), the leading music
and entertainment streaming platform in the Middle East and North Africa
region, announce a new music licensing agreement on behalf of independent music
publishers.
This deal marks the resolution of a legal
dispute between ESMAA
(representing PopArabia and Reservoir) and Anghami, clearing the
path for a new joint performance and mechanical licensing agreement based on
global practices for representation, reporting, and claims.
ESMAA
represents the repertoire of PopArabia, including the company’s Arabic music
catalog and its global
sub-published repertoire and represents the repertoire of IMPEL, the international
collective of music publishers in this deal.
This partnership is the first
of its kind between international independent music publishers and a domestic
streaming service, reaffirming ESMAA and Anghami's commitment to supporting the
music ecosystem in the MENA region, ensuring fair compensation for songwriters,
composers, and publishers while delivering exceptional value to consumers.
About ESMAA:
ESMAA is a rights management entity dedicated to advancing the music
and arts ecosystem in the Gulf region. ESMAA’s mission is to protect the rights
of songwriters, artists, and rights owners by providing a solution to licensing
their music in the Gulf and Middle
East region. ESMAA has already
licensed music in numerous public spaces, in the retail sector, and live events including Dubai EXPO; a 6-month cultural
event hosted by the UAE in 2021 that included hundreds of music performances by
acts including Coldplay and Nancy Ajram. ESMAA represents labels, PROs, music
publishers, performers and composers in the Gulf region.
For more information, visit https://esmaamusic.com/
About Anghami Inc. (NASDAQ: ANGH):
Anghami
is the leading multi-media technology streaming platform in the Middle East and
North Africa ("MENA") region, offering a comprehensive ecosystem of
exclusive premium video, music, podcasts, live entertainment, audio services,
and more. Since its launch in 2012, Anghami has led the way as the first music
streaming platform to digitize MENA’s music catalog, reshaping the region's
entertainment landscape. In a strategic move in April 2024, Anghami joined
forces with OSN+, a leading video streaming platform, forming a digital
entertainment powerhouse. This pivotal transaction strengthened Anghami's
position as a go-to destination,
boasting an extensive library of
over 18,000 hours of premium video, including exclusive HBO content, alongside
100+ million Arabic and International songs and podcasts. With a user base
exceeding 120 million registered users and 2.5 million paid subscribers,
Anghami has partnered with 47 telcos across MENA, facilitating customer
acquisition and subscription payment, in addition to establishing relationships
with major film studios, entertainment giants, and music labels, both regional
and international. Headquartered in Abu Dhabi,
UAE, Anghami operates
in 16 countries across MENA, with offices
in Beirut, Dubai, Cairo, and Riyadh.
To learn
more about Anghami,
please visit: https://anghami.com
ESMAA Media Contact:
Reservoir Media,
Inc. Suzy Arrabito
Vice President, Marketing & Communications sa@reservoir-media.com
ANGHAMI Media Contact:
For Investor Relations: ir@anghami.com