Skip to content

Ova News NG

Ova News NG feed V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • Home
  • ENTERTAINMENT
  • Virgin Music is so far the most dominant record label in Nigeria in 2024
  • ENTERTAINMENT

Virgin Music is so far the most dominant record label in Nigeria in 2024

8 months ago 2 min read
Share:

Virgin Music tops Record Label market share in Nigeria for Q1 - Q3 2024

Virgin Music is so far the most dominant record label in Nigeria in 2024.

According to the report by foremost Nigeria music data company TurnTable Chars, Virgin Music leads other labels in market share in Nigeria for Q1- Q3 2024 thanks to its partnership with Dapper Music.

Virgin Music’s partnership with Dapper Music & Entertainment has helped it capture the largest streaming market share in Nigeria across five major platforms.

This feat comes a year after Virgin Music Group, a division of Universal Music Group’s global network launched operations in Nigeria, with Olukorede ‘Kay’ Ikazoboh leading the company while Motolani Alake was tapped to lead its A&R and Marketing efforts.

TurnTable Chart described Virgin Music’s exploits as an impressive achievement, especially since the label only entered the Nigerian market under a year ago.

Virgin Music
Virgin Music

Virgin Music Global leads at 8.62% with its Nigerian subsidiary responsible for 8.15% courtesy of successful releases by Seyi Vibez and Vibez Inc which boosted Dapper Music’s market share beyond that of YBNL Nation and Mavin Records.

Virgin Music and EMPIRE have both surpassed 1 billion on-demand streams in 2024, with 13 weeks of data collection still remaining. Which according to TurnTable Chart is a record for any Record Label since tracking began in 2020.

Dapper Music & Entertainment is the leading Nigerian company, with a 7.97% market share, also surpassing 1 billion streams by Q3. Key releases like Seyi Vibez’s ‘NAHAMciaga’ EP (the No. 1 album of 2024) and Shallipopi’s ‘Presido La Pluto’ (ranked No. 4) have reinforced Dapper’s dominance.

Top 20 Record Labels with the highest market share in Nigeria for Q1 – Q3 2024.

  1. EMPIRE – 8.25%
  2. Dapper Music – 7.97%
  3. Vibez Inc – 4.09% 
  4. YBNL Nation – 3.61%
  5. Mavin Records – 2.53%
  6. Plutomania Records – 1.84%
  7. ONErpm – 1.72%
  8. FlyBoy Inc – 1.35%
  9. Jonzing World – 1.33% 
  10. Spaceship Entertainment Ltd – 1.29%
  11. Chocolate City Music – 1.28% 
  12. To Your Ears Entertainment – 1.13% 
  13. Def Jam Recordings – 1.12%
  14. Native Records – 1.12%
  15. KeyQaad – 1.10% 
  16. Platoon Ltd – 0.94%
  17. Africori – 0.94%
  18. Interscope Records – 0.90%
  19. Republic Records – 0.75%
  20. Marlian Records – 0.74% 
Facebook Comments Box
Share:

Related:

  • Blanche Aigle Communications  Hosts Strategic Media Summit Rallying Africa’s Creative Industry to Unite for Growth
    Blanche Aigle Communications Hosts Strategic Media…
    ENTERTAINMENT
  • cropped-fb_img_15824808200841041-1.jpg
    Japa: The Courage And Cost Of Nigeria’s Great Exodus
    NEWS
  • FG Courts Investors For $25bn Nigeria-Morocco Gas Pipeline Project
    FG Courts Investors For $25bn Nigeria-Morocco Gas…
    NEWS
  • cropped-fb_img_15824808200841041-1.jpg
    Only Peter Obi Can Defeat Tinubu In 2027— Yunusa Tanko
    NEWS
  • Use Your Skills To Double Exports, NEPC Tells Graduates Of International Trade Programme
    Use Your Skills To Double Exports, NEPC Tells…
    NEWS

Continue Reading

Previous: Showmax joins AFRIFF 2024 to celebrate African stories
Next: Ayra Starr surpasses Yemi Alade as most viewed Nigerian female artist on YouTube
  • Recent
  • Catholic Bishop of Otukpo Diocese visits victims of attacks in Benue
    • NEWS

    Catholic Bishop of Otukpo Diocese visits victims of attacks in Benue

  • Federal Poly Nekede Restricts Religious Activities Over Security Concerns
    • NEWS

    Federal Poly Nekede Restricts Religious Activities Over Security Concerns

  • Tinubu Is Nigeria’s Worst President, Says Rhodes-Vivour
    • NEWS

    Tinubu Is Nigeria’s Worst President, Says Rhodes-Vivour

  • NNL: Maikaba demands improvement from Wikki Tourists after opening day draw
    • NEWS

    NNL: Maikaba demands improvement from Wikki Tourists after opening day draw

  • His time has passed: Peter Obi can never be president – FCT Minister, Wike claims
    • NEWS

    His time has passed: Peter Obi can never be president – FCT Minister, Wike claims

  • I’m afraid of returning to Liverpool – Salah reacts to Jota’s death
    • SPORTS

    I’m afraid of returning to Liverpool – Salah reacts to Jota’s death

  • Reekado Banks raises concerns over music executive exploiting upcoming artists
    • ENTERTAINMENT

    Reekado Banks raises concerns over music executive exploiting upcoming artists

  • Breaking: Court Convicts Natasha Uduaghan Of Contempt, Ordered To Pay N5m
    • NEWS

    Breaking: Court Convicts Natasha Uduaghan Of Contempt, Ordered To Pay N5m

  • I’m no longer sure of marrying my babymama – Singer Reekado Banks makes U-turn
    • ENTERTAINMENT

    I’m no longer sure of marrying my babymama – Singer Reekado Banks makes U-turn

  • Breaking: Court Orders Senate To Recall Suspended Senator Natasha
    • NEWS

    Breaking: Court Orders Senate To Recall Suspended Senator Natasha

  • Catholic Bishop of Otukpo Diocese visits victims of attacks in Benue
    • NEWS

    Catholic Bishop of Otukpo Diocese visits victims of attacks in Benue

  • Federal Poly Nekede Restricts Religious Activities Over Security Concerns
    • NEWS

    Federal Poly Nekede Restricts Religious Activities Over Security Concerns

  • Tinubu Is Nigeria’s Worst President, Says Rhodes-Vivour
    • NEWS

    Tinubu Is Nigeria’s Worst President, Says Rhodes-Vivour

  • NNL: Maikaba demands improvement from Wikki Tourists after opening day draw
    • NEWS

    NNL: Maikaba demands improvement from Wikki Tourists after opening day draw

  • His time has passed: Peter Obi can never be president – FCT Minister, Wike claims
    • NEWS

    His time has passed: Peter Obi can never be president – FCT Minister, Wike claims

SECTIONS

  • ENTERTAINMENT
  • NEWS
  • POLITICS
  • SPORTS
  • WORLD NEWS

Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • Terms of Use
  • Privacy Policy

Connect with Us

  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved.
pixel