POPARABIA ACQUIRES MENA LABEL AND DISTRIBUTOR VIRAL WAVE

Acquisition cements PopArabia as the leading regional independent music company, with globally integrated services

PopArabia, the leading independent music company in the Middle East and North Africa (MENA), today announced its acquisition of MENA label and digital distribution company Viral Wave. The acquisition marks an important milestone in PopArabia’s continued growth, adding distribution services to scale the Company’s existing publishing and label services across the region.

Viral Wave’s operational subsidiary in Cairo, Egypt will join PopArabia’s existing team members to create a staff of over 30 in Egypt, Morocco, and the UAE, further extending PopArabia’s presence in the region and expanding the international footprint of PopArabia’s partner, the New York-based global music company Reservoir (Nasdaq: RSVR). The Cairo-based team will report to newly appointed PopArabia General Manager for Egypt Rania Ibrahim, who joins the role after more than eight years with Viral Wave, most recently serving as Senior Commercial Manager. In her new position, Ibrahim will report directly to Spek, Founder and Chief Executive Officer of PopArabia and Executive Vice President of International & Emerging Markets at Reservoir.

“This is a transformative day for PopArabia,” said Spek. “What began as a belief in the untapped value of Arabic music has grown into a regional rights platform with deep roots and truly global reach. With the acquisition of Viral Wave, we are bringing together complementary strengths to better serve artists and rights holders as a dominant indie powerhouse. We’re across the region and embedded – with a much bigger platform now to operationally execute.”

Reservoir Founder and Chief Executive Officer Golnar Khosrowshahi also commented, “Acquiring Viral Wave marks a meaningful turning point in PopArabia and Reservoir’s emerging markets story. Our strategic approach to growth in the region will enter a new phase, with even more comprehensive operations. We will be establishing a physical presence in Egypt, the longstanding cultural hub of the region, and, after spending time with the Viral Wave team in Cairo, I am confident their expertise in distribution and label services is the perfect addition to our existing capabilities across MENA. We’re excited to leverage that ecosystem and find moments of synergy across our network to enable even deeper support of local talent and bring their music to listeners worldwide.”

Nominated for Best Label at the inaugural Billboard Arabia Awards in 2024, Viral Wave has emerged as a digital distribution leader in the region’s evolving music landscape. Developed by A15, the MENA-focused Cairo-headquartered VC firm focused on backing innovative tech and digital businesses across the Egypt and MENA region, Viral Wave has established itself as one of the region’s leading distributors, with clients including regional superstars Ramy Sabry, Tamer Ashour, Ahmed Saad, Ramy Gamal, Tamer Hosny, Ruby and Saber Rebai as well as emerging voices like Algerian hip-hop star Didine Canon16. 

Commenting on the deal, Karim Beshara, Managing Partner at A15, said, “We’re proud to have built Viral Wave into a leading player in digital music. This sale to PopArabia reflects a shared vision—creating lasting value for artists and rights owners and contributing to the growth of Arabic music at scale.”

With this acquisition, PopArabia now administers a combined catalog of nearly 100,000 Arabic songs, including recent investments in both iconic and emerging artists, such as Nancy Ajram, Mohamed Ramadan, Bedouin Burger, and 7liwa, whose latest album charted in the Top 10 on the IFPI Official MENA Chart for North Africa upon release. Now boasting operations across publishing, licensing, distribution, music supervision, and mobile monetization, as well as rights management through its subsidiary ESMAA, PopArabia is well-positioned at the epicenter of a rapidly evolving regional music economy.