Swangz Avenue Review
1. What is Swangz Avenue?
Swangz Avenue Limited is a East African multimedia company based in Kampala, Uganda. The Company owns the Swangz Avenue Record Label, Swangz Avenue music and video production and Swangz Avenue publishing company. It is the Biggest music and movie company in Uganda with influence over the entire industry.
2. When was Swangz Avenue founded?
Swangz Avenue was founded in July 2008 by record producer Benon Mugumbya together with Business man Julius Kyazze who joined as the biggest investor in the company where he launched the company a new Ugandan brand in Music.
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| Benon Mugumbya Swangz Avenue founder at Swangz Avenue Head Quaters |
3. Which artist has Swangz Avenue signed?
Swangz Avenue is the Biggest record label in Uganda having signed and released over 20 20 artists in Uganda.
Azawi – Signed in 2018
Young Zee – Signed in 2013
Vampino – signed in 20010
Vinka – signed in 2017
Zafaaran – signed in 2022
Winnie Nwagi – signed in 2014
Micheal Ross – signed in 2009
Irene Ntale – signed in 2011
4. How to join Swangz Avenue?
Swangz Avenue signs a new artist at least every two years with the record label free to collaborations with artist with publishing deals and signed for video and audio productions.
5. Who is the owner of Swangz Avenue?
Swangz Avenue is owned by Julius Kyazze with Benon Mugumbya who also has over 10% in the Company. Swangz Avenue boss is Julius Kyazze who owns the largest portion in the Company with over 56% in the company which makes him the majority share holder in ythe company.
6. How much money does Swangz Avenue make a year?
Swangz Avenue makes an average aannual revenue of 270 million Ugandan shillings in 2019 which was its highest grossing year until 2022 where it is expected to make over 300 million Ugandan shillings with its average revenue being 230 million Ugandan shillings since 2017.
7. What is Swangz Avenue net valuation?
Swangz Avenue is valued at over 700 million Ugandan Shillings siwith it having monopoply control over the entire Ugandan Music industry where it controls all biggest record deals in the industry.
