Oluwatosin Ajibade, better known by his stage as Mr. Eazi, is a Nigerian businessman and singer who recently sold Vydia, a firm that was part of his venture capital fund, Zagadat Capital, for $1 billion.
Gamma, an American business, purchased the company that provided the infrastructure for digital audio and video distribution.
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Former Apple Music executive Larry Jackson is the owner of the music and technology company Gamma.
Regarding the purchase, Jackson claimed that Vydia personified Gamma’s goal of becoming an idea company.
He continued by saying that the acquisition would allow Gamma to broaden its service
portfolio and offer customers a more complete range of options.
The agreement is the largest in Afrobeats history.
Additionally, Mr. Eazi is the proprietor of the emPawa music streaming service.
The platform aims to give upcoming African musicians the chance to perform in front of a
large audience. Through emPawa, Mr. Eazi has contributed significantly to the global
support and promotion of African music.
Prior collaborations with the site and musicians include Mr. Eazi, Fave, Joeboy, Darkavibes, and Bella Alubo.
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