Dubai-based entertainment streaming platform OSN+ has purchased a majority stake in Nasdaq-listed music streaming service Anghami, forming a powerful media partnership in the growing MENA media landscape. OSN, a subsidiary of Kuwait holding company Kuwait Projects Company, known as KIPCO, said in a regulatory filing on Tuesday that it will “inject up to USD $50 million” into the Abu Dhabi-based Anghami. According to a joint announcement, the merging of the two homegrown platforms will “leverage Anghami’s strong tech stack” and catalog of 100 million songs with OSN+’s Netflix-like library of premium video content to for
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