Record labels are companies, large or small, that manufacture, distribute, and promote or market the recordings of affiliated musicians which are established by the signing of a record deal.
Who has the biggest music record in Nigeria?
The Mavins Dynasty is the biggest and most influential record label in Nigeria and arguably West Africa. The Nigerian music industry is one big marketplace with each person about the different ventures that pay them; primarily musicians working and distributing their music with record labels and distribution or licensing.
The earliest styles of Nigerian popular music were palm-wine music and highlife, which spread in the 1920s among Nigeria and nearby countries of Liberia, Sierra Leone, and Ghana. In Nigeria, palm wine became the primary basis for jùjú, a genre that dominated popular music for many years.
As of 2021, the Nigerian music industry is a massive economic force. The industry generates over $2 billion in revenue per year, making it one of the largest music industries in the world. This industry is growing rapidly and is projected to continue to grow over the coming years.