 It is funded by Rio Partners, and is the first music group in Nigeria to acquire different music labels and bring them together to form a big diversified group.960 Music is considered as part of the "new school" evolution of African Music.In 2013, 960 Music Group acquired a 40 percent stake in Hypertek Records and Aristokrat Records, leading 960 Music to be listed on "Nigeria Entertainment Today"'s list of the "65 People, Places, Events And Things To Watch Out For In 2014".