## Anghami Reports Robust H1 2025 Growth Fueled by OSN+ Integration and Warner Bros. Discovery Partnership
**ABU DHABI, UAE – December 30, 2025** – Anghami Inc. (NASDAQ: ANGH), the dominant music and entertainment streaming platform across the Middle East and North Africa (MENA) region, today unveiled its financial results for the six-month period ending June 30, 2025. The figures highlight the significant commercial and operational benefits derived from the integration of OSN+ and the strategic alliance with Warner Bros. Discovery, underscoring a period of accelerated expansion and platform enhancement.
**Key Financial and Operational Highlights for H1 2025:**
* **Record Revenue Growth:** Anghami achieved a substantial 97% year-on-year revenue increase, reaching US$48.4 million for the first half of 2025. This surge is primarily attributed to the successful OSN+ integration, which broadened the platform’s appeal and significantly boosted subscription income.
* **Subscriber Momentum:** The paid subscriber base more than doubled, climbing to 3.54 million as of June 30, 2025. Coupled with over 120 million total registered users, this demonstrates Anghami’s strong ability to convert a vast user base into paying subscribers, a critical metric for sustainable growth in the digital entertainment landscape.
* **Strategic Investment Bolsters Content:** A pivotal development during the period was Warner Bros. Discovery’s US$57 million investment in OSN Streaming Ltd., the majority shareholder of Anghami. This strategic infusion not only solidifies the exclusive content partnerships but also guarantees the continued availability of highly sought-after content, including HBO, Max Originals, and a broad spectrum of global entertainment, for MENA audiences through Anghami’s ecosystem.
* **Expanded Distribution Channels:** Anghami’s OSN+ platform secured new strategic partnerships with major players like Noon and PlayStation. Furthermore, a distribution agreement with Talabat was established, significantly expanding the reach and accessibility of its entertainment offerings.
Elie Habib, CEO of Anghami, commented on the company’s performance: “Our H1 2025 revenue of US$48.4 million is a testament to the synergy created by the OSN+ integration, with subscription income climbing to US$43 million. Operationally, we’ve achieved remarkable performance, maintaining 99.9% uptime and elevating our app store ratings from 3.8 to 4.6 stars. The US$57 million investment from Warner Bros. Discovery into OSN Streaming not only reinforces our crucial partnership but also ensures that premium content like HBO and Max Originals remains exclusive to OSN+ subscribers across the MENA region. Our recent collaboration with Talabat is set to further accelerate OSN+ distribution and subscriber growth throughout 2026 and beyond.”
The first half of 2025 was characterized by transformative operational achievements, spearheaded by the seamless integration of the OSN+ platform and the cultivation of key content partnerships. The impressive 97% year-on-year growth in paid subscribers to 3.54 million, alongside a total registered user base exceeding 120 million across the MENA region, directly contributed to the 97% revenue uplift to US$48.4 million. While this period saw increased investments in subscriber acquisition for OSN+ and other integration-related costs, leading to a net loss of US$37.1 million, management is actively implementing strategic measures to optimize the cost base and fully leverage the economies of scale from the expanding business.
The strategic investment from Warner Bros. Discovery has been instrumental in securing exclusive access to highly desirable HBO content, Max Originals, and a wide array of international entertainment, positioning Anghami as the definitive streaming destination in the MENA market. The successful integration of platforms has enabled a unified and intuitive user experience, facilitating a smooth transition for users from music-only to comprehensive entertainment subscriptions, a key driver of increased conversion rates and average revenue per user.
The expansion of distribution channels through strategic partnerships with Noon.com and PlayStation has unlocked new avenues for customer acquisition, broadening OSN+’s reach. High-profile live events, including the recent Amr Diab & Adam Port concert in Abu Dhabi and activations featuring Nancy Ajram in Riyadh, have further solidified Anghami’s cultural relevance and leadership within the region’s dynamic entertainment scene.
Subsequent to the reporting period, Anghami has continued to strengthen its ecosystem with a significant distribution deal with Talabat. This collaboration is expected to create new content distribution pathways and enhance user acquisition strategies, propelling further growth momentum into the coming fiscal year.
Looking ahead to early 2026, Anghami has announced a robust pipeline of content, including exclusive regional productions and expanded international content offerings. These initiatives are designed to further differentiate the platform and solidify its competitive edge in the increasingly dynamic streaming market.
**Outlook for Continued Growth:**
Anghami is strategically positioned to capitalize on the accelerating demand for digital entertainment across the MENA region. The company’s robust portfolio of strategic partnerships, coupled with its expanding content capabilities, provides a strong foundation for differentiation and sustained growth in a competitive market.
The ongoing partnership with Warner Bros. Discovery is projected to be a key driver for continued subscriber acquisition throughout 2025 and into 2026.
Management anticipates continued topline growth in the second half of the year. However, the significant investments required to fully realize the integration benefits will continue to influence profitability in the near term. The company is focused on achieving optimal scale utilization across its combined platforms and realizing operational synergies and cost management efficiencies.
The full unaudited financial statements for the six-month period ended June 30, 2025, have been furnished to the U.S. Securities and Exchange Commission (SEC) and are accessible via the SEC’s website or Anghami’s investor relations portal.
**About Anghami Inc. (NASDAQ: ANGH):**
Anghami stands as the premier multi-media technology streaming platform in the Middle East and North Africa (MENA) region, offering a comprehensive ecosystem that includes exclusive premium video, music, podcasts, live entertainment, and audio services. With a user base exceeding 120 million registered users and 3.5 million paid subscribers, Anghami has established extensive partnerships with 47 telcos across MENA, facilitating customer acquisition and subscription payments. The company also maintains strong relationships with major regional and international film studios, entertainment giants, and music labels. Headquartered in Abu Dhabi, UAE, Anghami operates across 16 countries in the MENA region, with offices in Beirut, Dubai, Cairo, and Riyadh.
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