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The digital audio and video distribution infrastructure company was acquired by American firm, gamma.
Gamma is a music and technology firm owned by former Apple Music Executive, Larry Jackson.
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Speaking on the acquisition, Jackson said Vydia epitomises the vision of gamma as an ideas company.
The deal is the biggest in the history of Afrobeats.
Mr Eazi is also the owner of music distribution platform emPawa.
The platform has previously worked with artists like Mr Eazi, Fave, Joeboy, Darkavibes, and Bella Alubo.
We’re extremely excited to announce that Vydia has been acquired by gamma.
gamma. was founded by Apple Music’s former Global Creative Director Larry Jackson, and veteran music exec Ike Youssef, with financial backing from Eldridge, Apple, and A24.
This is just the beginning. pic.twitter.com/FoChydQNyo
— V Y D I A (@vydiaofficial) March 8, 2023
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