Welcome to our dedicated page for Anghami news (Ticker: ANGH), a resource for investors and traders seeking the latest updates and insights on Anghami stock.
Anghami Inc. (ANGH) delivers cutting-edge digital entertainment across the Middle East and North Africa through its integrated music, podcast, and premium video streaming platform. This news hub provides investors and industry observers with timely updates on corporate developments, financial performance, and strategic initiatives shaping MENA's digital media landscape.
Track all official press releases, regulatory filings, and market analyses in one centralized location. Our curated feed covers earnings reports, content licensing agreements, technology partnerships, and expansion updates – essential information for assessing Anghami's position in the competitive streaming sector.
Key focus areas include merger & acquisition activity, subscriber growth metrics, intellectual property developments, and regional market penetration strategies. The platform's unique combination of localized content curation and global entertainment partnerships makes ANGH a bellwether for digital media trends in emerging markets.
Bookmark this page for continuous access to verified updates on Anghami's operational milestones, financial disclosures, and leadership in MENA's evolving digital economy. Check regularly for new insights into streaming technology innovations, artist partnership programs, and cross-industry collaborations driving the platform's growth.
Anghami Inc. (NASDAQ: ANGH) has secured a significant funding round from OSN Group of up to $55 million, with an initial $12 million investment through a convertible note program. This follows their strategic partnership from April 2024, which combined OSN+'s premium video streaming with Anghami's audio portfolio.
Key achievements include rebuilding the OSN+ platform, launching a 4K Premium Plan with Dolby features, and achieving 41% growth in video streaming subscribers between April and October 2024. The investment aims to expand content library, enhance user experience, and strengthen presence across the MENA region, focusing on AI-driven personalization and next-generation streaming technologies.
Anghami (NASDAQ: ANGH), the MENA region's leading multi-media streaming platform, reported significant growth in 2024. The company achieved an 18% increase in Average Revenue Per User (ARPU) on direct subscribers and a 28% surge in video streaming engagement during January-September 2024 compared to 2023. Technical innovations include AI recommendation engine improvements resulting in 20% higher engagement, and the implementation of DolbyVision and DolbyAtmos. The platform expanded its content offering with new premium shows and introduced Arabic dubbing for prestigious series. Strategic initiatives include a new ad-supported tier and partnerships with major regional telcos for 4K premium payment options.
OSN+, the leading streaming service in the MENA region, has partnered with castLabs to enhance content protection using the DRMtoday cloud digital rights management service. This collaboration comes as Anghami enters a new era of video streaming following its merger with OSN+. The partnership aims to safeguard OSN+'s extensive content library while ensuring uninterrupted access for users.
DRMtoday offers robust content protection, supporting major DRM technologies like Google Widevine, Apple FairPlay, and Microsoft PlayReady. Its cloud-based architecture will scale to meet increasing demands as OSN+ expands its user base. The flexible API allows for rapid integration with OSN+'s existing infrastructure, minimizing disruption and ensuring a smooth transition.
Anghami (NASDAQ: ANGH), the leading multi-media streaming platform in the MENA region, reported an 18.3% growth in its video streaming subscriber base following its transaction with OSN+. Key highlights include:
- 47% of new subscribers opted for the Premium 4K plan
- Strategic partnerships with Noon and Mobily KSA
- Exclusive content deal with Warner Bros. Discovery
- Implementation of AI-powered personalization
The company's growth strategy focuses on cross-selling initiatives, content expansion, and advanced recommendation algorithms. Anghami's CEO, Elie Habib, stated that the Anghami-OSN+ transaction has exceeded expectations, enhancing their ability to deliver premium entertainment across both music and video.
Anghami Inc. (NASDAQ: ANGH) filed its 2023 annual report and announced Q1 2024 results, highlighting an 18% growth in premium subscribers and significant margin improvement. The company achieved top-line improvements with 1.87 million premium subscribers by March 31, 2024, an 8% increase in total revenues, and a 6% improvement in gross margin. Operating loss decreased from $5.4 million to $2.7 million, showing progress towards profitability. Anghami completed a landmark transaction with OSN Group, acquired a cash investment of $38 million, and integrated video streaming services. Despite challenges in 2023, the company remains optimistic about revenue growth opportunities in 2024.
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