Hybe and Universal Music Group Forge 10-Year Global Distribution Deal
The landmark agreement encompasses exclusive distribution rights for Hybe's artists, including BTS, and a collaborative expansion of the Weverse superfan platform.
- Universal Music Group (UMG) and Hybe announce a 10-year exclusive distribution deal for Hybe's roster of artists, including BTS.
- The deal also includes collaboration on the Weverse superfan platform, aiming to deepen the connection between UMG artists and their fans.
- Scooter Braun, CEO of HYBE America, will oversee promotional and marketing activities in North America, expanding the global reach of both companies.
- The partnership does not cover social media platforms like YouTube, Meta, and TikTok, allowing Hybe artists to maintain their presence on these platforms.
- Hybe and UMG's partnership began in 2017 with a distribution agreement for BTS in Japan, and has since evolved to include multiple collaborative projects.