UNIVERSAL MUSIC, DISNEY MUSIC FORGE LICENSE AGREEMENT FOR ASIA
Forthcoming releases include Miley Cyrus, Jonas Brothers, High School Musical: Senior Year
June 24, 2008 - The Disney Music Group and Universal Music Group have entered into an international licensing agreement for the Asian market, excluding Japan. Under its terms, the Disney Music Group has selected UMG to market and distribute the unique roster of artists affiliated with Hollywood Records and Walt Disney Records, and their catalogues.
The agreement was announced today by Max Hole, President, Asia-Pacific Region, Universal Music Group International, and David Agnew, President, Walt Disney Records, & EVP/GM of Disney Music Group.
The pact takes immediate effect and covers both digital and physical rights. The markets are China, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand. From October, India will be included in the agreement.
Universal Music Group has an existing international licensing pact with the Disney Music Group for South America and Canada, as well as a distribution arrangement in the United States. In addition, UMG has licensed the Jonas Brothers' eponymous album from Hollywood Records for distribution in Europe. Jonas Brothers is released by UMG's Polydor Records this month.
The Asian agreement will include the release of forthcoming Disney Music Group albums by Miley Cyrus, Jonas Brothers, High School Musical's Vanessa Hudgens and Hilary Duff. Also slated for release are the soundtracks to Camp Rock, The Cheetah Girls One World and High School Musical: Senior Year.
Miley Cyrus became a household name with the runaway success of her Disney Channel original series, Hannah Montana. Her first two record releases have sold (combined) over 6 million copies to date and both debuted at No. 1. Miley's forthcoming record is entitled Breakout, and the first single is "Seven Things." Jonas Brothers released their second album (first on Disney Music Group's Hollywood Records) last August. It has since gone platinum in the US, and Jonas Brothers have become a pop culture phenomenon. Their star power is certain to grow with the imminent release of Disney Channel's original movie, Camp Rock.
Vanessa Hudgens' first solo, V, release went gold, and her new album Identified showcases her development as versatile and impressive voice in pop music. Hilary Duff has sold over 15 million records. Her upcoming (yet to be titled) CD features two singles produced/written by One Republic lead singer Ryan Tedder.
The High School Musical franchise shattered industry records, sold more than 13 million units globally, and for the second consecutive year was named the No. 1 best-selling album by IFPI, the international recording industry organisation. The highly anticipated third instalment High School Musical: Senior Year is set for release on October 24.
Multi-talented actresses/singers/dancers Adrienne Bailon, Kiely Williams, and Sabrina Bryan - known as The Cheetah Girls - are set to release the soundtrack from the Disney Channel Original Movie, The Cheetah Girls One World , this summer.
Max Hole said, "Disney artists and music create excitement wherever they go, and Asia is no exception. We're pleased to partner with the Disney Music Group in yet another part of the world, and our team throughout the region is looking forward to spreading the excitement even further."
David Agnew commented: We are pleased to expand our excellent business relationship with Universal into the Asian marketplace and feel confident that we will do great things together there.