Mumbai, Feb 8 (UNI) Warner Music India said it has signed a deal to acquire a majority stake in Divo, a leading digital media and music company in India with a presence across all four South Indian language music markets.
This investment will help deliver Warner Music India’s strategy of having a leading presence in the entertainment sector across the whole country.
Divo offers online video, music distribution, publishing, digital and influencer marketing solutions for brands, celebrities and movies. It has been working with labels, artists and musicians to help distribute and monetise their content across digital platforms, radio and TV stations. With a large presence in the Tamil market, and a fair share of the Kannada, Malayalam and Telegu music industries, Divo released more than 30,000 songs last year.
Warner Music India has grown its presence across the vast majority of…
