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The Music Industry Used To Be Funded By Yahoo boys - Adeayo What does the UMG acquisition of Mavin Records mean for the Nigerian music Industry? After speculations as to the possibility of selling Mavin Music, a majority stake in the record label has finally been acquired by the biggest music company in the world, Universal Music Group (UMG). This is a very big news in Nigeria and The world and it will most likely determine the future of Afrobeats and the Nigerian Music Industry. Now This good news that we have UMG injecting money into Afrobeats unlike before when the music industry was being funded by the Yahoo Boys. - Adeayo Click here to watch Full video - vyoutu.be/9Re4C3BRCRI For other episodes of Pulse Facts only, Click here: www.youtube.com/watch?v=Qjjh6K2ee3A&list=PLoBNoZLQkrBYMmHbX63UBffhaPXZau1Wy Connect with Pulse Nigeria » Read & Watch via our Website: www.pulse.ng » Like us on Facebook: www.facebook.com/pulsenigeria247 » Follow us on Instagram: www.instagram.com/pulsenigeri... » Tweet us on Twitter: www.twitter.com/pulsenigeria247