Warner Music India To Acquire A Majority Stake In Chennai-Based Divo

Warner Music India To Acquire A Majority Stake In Chennai-Based Divo

SUMMARY

Divo, a digital media and music company, has a presence across all four South Indian language music market

With this investment, Warner Music India is aiming to build a leading presence in the entertainment sector across India

Warner Music Group forayed into India in 2020 and entered into an exclusive strategic partnership with JetSynthesys in 2021 to strengthen its presence in India

Warner Music India has signed a deal to acquire a majority stake in Chennai-based digital media and music company Divo, which has a presence across all four South Indian language music markets.

With this investment, Warner Music India is aiming to build a leading presence in the entertainment sector across India.

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