Warner Music Group Invests in Saudi Arabian Label Rotana
Jem Aswad, provided by
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Warner Music Group has announced an investment in the Arab world’s largest independent record label, Rotana Music, which is part of Rotana Group, widely considered the largest entertainment company in the region. According to the announcement, “the deal will expand WMG’s presence in the rapidly growing Middle East and North African region, while driving cross-cultural opportunities for the label’s renowned repertoire.”
Owned by Prince Al Waleed Bin Talal, the company is headquartered in Riyadh, Saudi Arabia, with branches in Jeddah, Dubai, Kuwait City, Beirut, and Cairo.