The story
OSN was established on 12 July 2009 following the merger of two of the MENA region's largest pay-TV operators: Showtime Arabia and Orbit Communications Company.
In November 2023, OSN announced a merger between its streaming service, OSN+, and the music streaming platform Anghami. Completed in April 2024, the transaction resulted in OSN Group taking a 55.45% majority stake in Anghami. The deal valued OSN+ at $365 million and Anghami at $139 million. Elie Habib, Anghami's co-founder, was appointed CEO of the combined entity, which consolidated over 120 million registered users, 18,000 hours of video content, and 100 million audio tracks.
On 24 March 2025, Warner Bros. Discovery acquired a minority stake in OSN's streaming subsidiary, further expanding the long-standing content partnership that makes OSN the exclusive regional distributor for HBO and other Warner Bros. Discovery properties.
From Wikipedia’s article on OSN, shared under CC BY-SA 4.0.4