UMG STRIKES 10-YEAR PACT WITH HYBE

HYBE Chairman Bang-Si-Hyuk, UMG Chairman/CEO Sir Lucian Grainge and HYBE America CEO Scooter Braun

Sir Lucian Grainge's UMG has expanded its partnership with HYBE. As part of a new, 10-year deal, UMG will have exclusive distribution rights to all of HYBE's artists. The pact will also expand UMG's collaboration with HYBE's superfan platform, WeVerse.

Will HYBE have more flexibility in this expanded partnership? Or will Geffen continue to be its exclusive partner at UMG?

The HYBE arrangement—long rumored to have been negotiated by Allen Grubman—arrives after a major restructuring at UMG and on the heels of another heavyweight distro deal, just announced between Big Loud and Mercury/Republic.

What's the next big deal in the pipeline from Uni as it gets its game on to help unlock the stock that's been stuck in the mid-20s since the IPO launched?

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		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/3a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now A POST-WALLEN AFFAIR A dynamic duo, y'all (5/3a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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UMG STRIKES 10-YEAR PACT WITH HYBE

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