Warner Music India has agreed to buy a majority stake in Divo, a Chennai-based digital media and music company with a presence in all four South Indian language music markets.
With this investment, Warner Music India hopes to establish a strong presence in the Indian entertainment industry. Divo provides solutions for online video, music distribution, publishing, digital, and influencer marketing for brands, celebrities, and films. It has collaborated with record labels, artists, and musicians to help distribute and monetize their content across digital platforms, radio stations, and television stations.
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