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Finally, Don Jazzy Speaks On Sales Of Mavin Records

The CEO of Mavin Records, Michael Collins Ajereh, popularly known as Don Jazzy, has finally addressed the rumours about the sale of the record label.

It would be recalled that in October 2023, Billboard reported that Mavin Records “is seeking investment or eying a potential full sale with bidding coming from the Universal Music Group, HYBE, and strong interest from music asset investors in the financial sector”.

However, speaking in the latest episode of the Zero Conditions podcast, the music executive stated that the label isn’t seeking a sale but being approached by investors

He explained that Mavin Records is lucrative and has a lot of potential, hence, the patronage from foreign investors.

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He further noted that Mavin has been in business with its current partner, Kupanda Holdings for five years and the holdings won’t continue the partnership “forever.”

He said, “It (the rumours about the sale of Mavin Records) is simple. We have investors, Kupanda Holdings, and they have been here for five years now, so dem go gona [laughs).

“Obviously, a bunch of people are interested in investing in Mavin. If you have gold or diamonds, people will always patronise you. And Mavin Records has a lot of potential.”

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