UNIVERSAL MUSIC GROUP (UMG) PARTNERS WITH M-WISE TO DELIVER ENGLISH AND SPANISH MOBILE STOREFRONT SOLUTIONS FOR THE US MARKET
Partnership Will Provide a Centralized System to Drive Mobile Sales
While Allowing Artists to Maintain Their Own Brand
Universal Music Group (UMG), the world’s leading music company, has partnered with mobile content technology vendor m-Wise (OTCBB: MWIS) to provide fully managed mobile storefront solutions with keyword management platform and campaign creation to UMG in the United States. The announcement was made today by David Ring, Executive Vice President of Business Development & Business Affairs for UMG’s eLabs, and Zach Sivan, m-Wise’s Chief Executive Officer.
Under this agreement, m-Wise, a technology expert in mobile content management and delivery, will work with UMG to launch a centralized system to drive mobile content sales, reporting, tracking and payments to artists. Additionally, this partnership with m-Wise will allow UMG to piggyback sales of mobile content not just online but in print, TV, radio, social media and other marketing and distribution channels.
m-Wise’s m-Store platform is an international platform with the ability to transact and market in multiple languages and multiple currencies. This powerful platform will also enable UMG to drive mobile content promotions easily and effectively with the m-Wise keyword management platform and campaign creation system. The m-Wise platform will provide full integration with all the top Tier 1 & Tier 2 carriers offering content at a variety of price points, and will be fully integrating with UMG’s mobile partners, such as Mozes, Echospin & Netbiscuits. By leveraging the m-Wise m-Store platform, UMG will be able to promote free content, sell individual content and even create content bundles in both English and Spanish in just minutes, using a simple, step-by-step approach.
"We are delighted to be partnering with m-Wise,” stated Mr. Ring. “Engagement through mobile continues to be one of the most effective ways to reach multicultural audiences and expand the reach of our artists’ music. This agreement, along with our recent deals with Mozes, Echospin and Netbiscuits, reaffirms UMG’s commitment to deliver truly interactive, dynamic and highly-personalized mobile experiences to music fans everywhere.
"m-Wise is committed to helping our partners streamline and optimize their sales and marketing efforts using the latest in mobile content technology,” commented Mr. Sivan.” We are very excited to be partnering with UMG and believe that this partnership will provide UMG with a competitive advantage in the monetization of fan lists, plus a complete understanding of content consumption, making for more effective marketing efforts."
About Universal Music Group
Universal Music Group is the world’s leading music company with wholly owned record operations or licensees in 77 countries. Its businesses also include Universal Music Publishing Group, the industry’s leading global music publishing operation.
Universal Music Group’s record labels include Decca, Deutsche Grammophon, Disa, Emarcy, Fonovisa, Interscope Geffen A&M Records, Island Def Jam Music Group, Lost Highway Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor Records, Universal Motown Republic Group, Universal Music Latino, ShowDog-Universal Music and Verve Music Group as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalog of music in the industry, which includes the last 100 years of the world’s most popular artists and their recordings. UMG’s catalog is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). Universal Music Group also includes eLabs, its new media and technologies division; Bravado, its merchandising company; and Twenty–First Artists, its full service management division.
Universal Music Group is a unit of Vivendi, a global media and communications company.
Founded in 2000, m-Wise has rapidly established itself as a leading international provider of enabling technologies for the mobile entertainment and marketing industries, powering market leaders such as Thumbplay, Fox Mobile and Universal Music Group. m-Wise is the developer of MOMA platform, the de facto content management and service delivery platform used on or through over 50 mobile networks throughout Europe, North and Latin America, and Asia.
MOMA is an integrated “one stop shop” for mobile operators, wireless ASPs, content providers, and media producers to always deliver end-users with a state-of-the-art mobile experience. MOMA makes it easy not only to manage and deliver content like entertainment, music, games, and video without specific regard to handset compatibility but also adds real-time end user capabilities like voting, mobile marketing, advertising and access to live data. Better yet, MOMA includes transactional billing, customer care, and even marketing capabilities – all built in.