K-pop music purveyors HYBE today announced an expanded long-term agreement with Universal Music Group (UMG), providing them exclusive distribution rights across HYBE music for the next 10 years.
HYBE is the home of BTS, Jungkook, and dozens of other K-pop acts. Under the partnership, UMG will further collaborate with HYBE’s global superfan platform Weverse, bringing more of a direct connection between UMG artists and their fandom.
UMG’s Chairman and CEO Sir Lucian Grainge, HYBE’s Chairman Bang Si-Hyuk, and HYBE America’s CEO Scooter Braun put together the deal.
Bang Si-Hyuk, chairman of HYBE, said, “A partnership of this magnitude only comes together when both sides are equally committed to continued growth.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.