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Digital Economy

Anghami’s 2022 revenue up 35.6% to $48.1m; subscribers up 21% to 1.5 million

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NASDAQ-listed music streaming service Anghami, which serves the Middle East and North Africa (MENA, posted revenue of $48.1 million for 2022, an increase of 35.6% compared to 2021. The service did not disclose its profits or losses. In a statement, the company said it "aims to achieve profitability in 2023 by building on the momentum of its focus on efficiency, as reflected in its improvement in gross margin in H2 2022." The Abu Dhabi-based service ended 2022 with 1.52 million total paying subsc...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

Calendar — Week 2, 2026

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JANUARY 2026 – Jan. 14-17 Eurosonic conference & festival in Groningen, The Netherlands. – Jan. 22-23 Music Ally Connect 2026 at The Brewery in London. FEBRUARY 2026 – Feb. 1 The 68th GRAMMY Awards, organised by the Recording Academy, at the Staples Center in Los Angeles. – Feb. 4-7 MIDEM 2026 at the Palais des Festivals in Cannes, France. – Feb. 12 ASCAP Experience 2026, at the Skirball Cultural Center in Los Angeles. The event is organised by US rights society ASCAP for music creators...

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Digital Economy

Digital deals — Week 2, 2026

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These are some of the digital deals announced in the past weeks:

Universal Music Group and tech company NVIDIA are collaborating “to pioneer responsible AI for music discovery, creation, and engagement.” The new partnership will leverage NVIDIA’s AI infrastructure and UMG’s music catalogue “to enrich and enhance the music experience” of music consumers worldwide. NVIDIA and UMG will engage in collaborative research and development “to promote shared objectives of advancing human music creatio...

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Creative Industries

Key figures — Week 2, 2026

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$4 trillion That’s the market capitalisation of Google parent company Alphabet on January 12, becoming the fourth company to hit ​the $4 trillion milestone after Nvidia, Microsoft and Apple. At the start of the year Alphabet has surpassed Apple in market capitalisation for the first time since 2019, becoming the second most valuable company in the world, noted Reuters. $350 billion That's the estimated market value of AI start-up Anthropic, parent company of the Claude chatbot, after it will clo...

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