Michael Ajereh popularly known in music circles as Don Jazzy is presently seeking investment or outright sale of Mavin Records -one of Nigeria’s foremost music labels.
This was made known in a recent article published by Billboard on October 6, 2023, which stated that Mavin Records is in the process of receiving external investment to either acquire a part of the music label or an outright sale of it.
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The article revealed that interest has been shown by different investment companies and major record labels with Universal Music Group (UMG) and HYBE leading the race.
According to Billboard, the investment and outright sale are valued at $125 million and could rise to $150 million or $200 million.
