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Jody Gerson Haim Saban Gustavo Lopez Los Angeles record innovations Music Latin Jody Gerson Haim Saban Gustavo Lopez Los Angeles

Saban Music Group & UMPG Enter Global Administration Agreement

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Haim Saban, chairman and CEO of Saban Capital Group LLC and spearheaded by CEO Latin music industry veteran Gustavo Lopez."I am thrilled about this new venture.

Innovation requires collaboration, and this partnership amplifies our chances for success on a global scale," Saban said about the announcement.Added Jody Gerson, chairman and CEO of UMPG:"We are excited to be partnering with Haim Saban and Gustavo Lopez and Saban Music to create opportunities for their artists and songwriters.

I am confident that we will have outstanding success together."Earlier this year, SMG announced a global distribution and marketing agreement with Universal.

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