https://adgully.me/post/1918/warner-music-group-joins-forces-with-five-hotels-and-resorts

Warner Music Group joins forces with FIVE Hotels and Resorts

DUBAI: In a move that is likely to send ripples through the music industry, trailblazing FIVE Hotels and Resorts has forged a progressive partnership with the iconic Warner Music Group for the future of the disruptive luxury brand's record label, FIVE Music.This new joint venture will not only make use of Warner Music Groups' worldwide network of chart busting talent, but will further bring FIVE's visionary musically-driven events and taste making to the forefront of the international music scene.To kick off the celebrations, FIVE Music – along with Warner Music Central Europe, Dabruck Creative(DC) and FIVE Music's exclusive music publishing partner Warner Chappell Music - will host an exciting Music Writing Camp from 28th April 2023 to 14 May 2023 at FIVE Palm Jumeirah, Dubai with ace artists such as Robin Schulz, Space Motion, Franky Wah and Alle Farben and renowned writers such as KIDDO, Bully Songs, Gez O'Connell (to name just a few) joining the collaborative in creating the 'Sound of FIVE' for a new generation of fans on a global stage.Now, partnering with Warner Music Group, FIVE continues to up the musical ante - even committing to a state-of-the-art FIVE Music Studio at Dubai's famous, FIVE Palm Jumeirah - offering a place where producers, musicians and writers from across the globe can collaborate to make their musical dreams a reality.Fabian Drebes and Doreen Schimk, Co-Presidents Warner Music Central Europe elaborate,"We are excited to work with FIVE Music and to be able to offer our artists and writers an excellent and exciting site to perform, write and produce music. With FIVE Music, Dabruck Creative (DC) and Warner Chappell Music, we are sure to have forged an alliance with a true impact on the international music scene."Aloki Batra, CEO, FIVE Hospitality comments on the new joint venture,"FIVE's ethos revolves around first-in-class entertainment driven destinations with our unique 'Vibe at FIVE' that attracts a global diaspora of music lovers. It made perfect sense for us to align with global musical giant, Warner Music Group when expanding our signature label, FIVE Music.Kabir Mulchandani, Chairman and Founder, FIVE, summarizes,"From beachside to rooftop, there's no doubt that music runs through FIVE's DNA and therefore we can't wait to continue growing this division of our evolving portfolio to flourish alongside such a longstanding and respected musical hit maker."
https://adgully.me/post/527/warner-music-group-buys-dubai-based-qanawat-music

Warner Music Group buys Dubai-based Qanawat Music

Warner Music Group has acquired Dubai-based digital entertainment company Qanawat Music. In a move that will strengthen Dubai's reputation as a media industry hub and an emerging focal point for growth in the digital music sector, global entertainment and record label Warner Music Group (WMG) has acquired Qanawat Music, a digital music and entertainment company in the North Africa (MENA) and Middle East. Qanawat Music is a subsidiary of Qanawat FZ LLC.The acquisition, one of the largest deals of its sorts to date in the entertainment and digital music sectors in Africa, Asia and Europe, is also expected to increase the fandom for Arabic content from a local to a global one and provide Arab talent more international exposure.Said Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, the head of the Dubai Media Council: "Warner Music Group's acquisition of Qanawat Music is yet another entrepreneurial success story coming up from Dubai that elaborates the spiritedness of its media ecosystem and has permitted many homegrown ventures to transform their innovative and ambitious projects into reality."He continued: "The emirate offers a very productive environment for media talent and enterprise to flourish and grow. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, is the visionary behind this”.Qanawat FZ LLC is the largest distributor of Arabic music since its founding in 2001.A total of 200 billion views and streams were recorded in 2021 across all digital streaming services, including YouTube, Spotify, Apple Music, and Anghami. Additionally, there were over 145 million videos uploaded by social network users to social media channels and over 200 billion views and streams across digital streaming platforms.Al Maktoum said: "Over the past ten years, a variety of sectors' Dubai-born businesses have benefited from the emirate's unique entrepreneurial environment to grow quickly and draw in the attention of international businesses. According to Al Maktoum, Dubai continues to offer the infrastructure and business-enabling services required for both existing businesses and start-ups to take advantage of the numerous opportunities developing in the quickly expanding markets in our area.” In accordance with the acquisition agreement, Adnan Al Obthani, the CEO of Qanawat Music, will continue to lead the organisation as a stand-alone entity inside the Warner Music Group portfolio.It will serve as WMG's primary local distributor and a source of upstreaming opportunities by utilising Qanawat Music's extensive distribution network and connections to over 1,100 established and emerging artists from the Arab world, including Ahlam, Saad Lamjarred, Hussain Al Jassmi Dalia Mubarak, and Marwan Khoury.Al Obthani said: “The largest and greatest Arabic entertainment and music material worldwide is now available to us owing to our merger with Warner Music Group, strengthening our position as the region's top digital music distributor and creative trailblazers.”He continued: "Warner Music Group has a long-term vision for developing the market here in MENA, and we are confident that this new chapter of our story will unveil a world of exciting opportunities for artists. In addition to our entry into new business areas like the Metaverse, NFT, and other creative fields," he said.Director of Dubai Media City Majed Al Suwaidi stated, "For more than 20 years, Dubai Media City has worked to give opportunities for success and growth for businesses and talents in all disciplines of media. This dynamic integrated business ecosystem, which is represented by Dubai Studio City, Dubai Media City, Dubai Production City, and the in5 Media start-up incubator, has drawn over 3,000 media organisations and 34,000 media professionals, and it is now used by Dubai to supply Arabic content to other countries.