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.
