Anghami Reports 18.3% Subscriber Growth and Strategic Milestones Following OSN+ Transaction [Yahoo! Finance]
Anghami Inc. (ANGH)
Company Research
Source: Yahoo! Finance
in its video streaming subscriber base and significant strategic developments following its recent transaction with OSN+. Substantial Subscriber Growth and Premium Adoption Since the transaction, Anghami's video streaming user base grew by 18.3% as of the end of July 2024 , with the recent premiere of "House of the Dragons" Season 2 serving as a key catalyst. Notably, 47% of new subscribers have opted for the newly launched Premium 4K plan, signaling strong demand for high-quality content in the MENA market. Elie Habib , CEO of Anghami, commented, " The Anghami-OSN+ transaction has exceeded our expectations, not only in terms of subscriber growth but also in enhancing our ability to deliver premium entertainment across both music and video. Our strategic moves post-merger are already driving success Strategic Initiatives Driving Growth Anghami's video streaming growth strategy includes several key initiatives: Partnerships : Cross-selling initiatives have expanded reach th
Show less
Read more
Impact Snapshot
Event Time:
ANGH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ANGH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ANGH alerts
High impacting Anghami Inc. news events
Weekly update
A roundup of the hottest topics
ANGH
News
- Anghami Delivers Strong Growth Across Video and Music Service in 2024 with 28% growth in streaming engagement [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Anghami Delivers Strong Growth Across Video and Music Service in 2024 with 28% growth in streaming engagement [Yahoo! Finance]Yahoo! Finance
- Anghami Delivers Strong Growth Across Video and Music Service in 2024 with 28% growth in streaming engagementPR Newswire
- Anghami Delivers Strong Growth Across Video and Music Service in 2024 with 28% growth in streaming engagementPR Newswire
- OSN+ partners with castLabs to enhance content protection with cutting-edge multi-DRM technology, DRMtodayPR Newswire
ANGH
Sec Filings
- 11/19/24 - Form SC
- 11/14/24 - Form 6-K
- 9/5/24 - Form 6-K
- ANGH's page on the SEC website