Published 1 month ago

HYBE AND UNIVERSAL MUSIC GROUP ANNOUNCE NEW GLOBAL ALLIANCE

Summary by Ground News

K-pop music purveyors HYBE today announced an expanded long-term agreement with Universal Music Group (UMG) The deal provides them exclusive distribution rights across HYBE music for the next 10 years. UMG will further collaborate with HYBE's global superfan platform Weverse, bringing more of a direct connection between UMG artists and their fandom.

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Benzinga

HYBE AND UNIVERSAL MUSIC GROUP ANNOUNCE NEW GLOBAL ALLIANCE

The new global agreement will give UMG exclusive distribution rights across HYBE's roster of artists and labels SEOUL, South Korea, March 26, 2024 /PRNewswire/ -- 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. The agreement gives HYBE's roster of groundbreaking artists and successful labels access to UMG's leading global …

1 month ago·New York, United States

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Variety

HYBE Strikes 10-Year Deal With Universal Music Group

Hybe, the Korean firm behind K-pop’s BTS, has struck an expanded 10-year deal with Universal Music Group (UMG), providing Hybe’s roster of artists and labels access to UMG’s leading global network. UMG will further collaborate with Hybe’s global superfan platform Weverse, bringing more of a direct connection between UMG artists and their fandom. Hybe and UMG will additionally collaborate on artist promotions and marketing activities in North…

1 month ago·Los Angeles, United States

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Bloomberg

Universal Music To Distribute BTS, Rappers In New Hybe Deal

(Bloomberg) -- Universal Music Group NA struck a distribution deal with Hybe Co., gaining rights to the South Korean company’s roster of stars including BTS, Lil Baby and Thomas Rhett, along with deeper ties to the social-media app Weverse.Universal, the world’s largest music company, signed a 10-year agreement to become exclusive distributer of Hybe artists’ music in much of the world, the companies said Tuesday. In addition, Universal will inv…

1 month ago·United States

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