UMG topper Sir Lucian Grainge and IGA boss John Janick have inked a deal with K-pop superstars BTS. Under the terms of the new licensing/distribution pact, BTS will release through Geffen/Ingrooves. The arrangement was struck via Bang Si-Hyuk-led Korean firm HYBE (fka Big Hit), which earlier this year announced a JV with Geffen.
BTS has hitherto been distribbed by Columbia/The Orchard.
Word has it that Scooter Braun, who sold his Ithaca Holdings to HYBE in April, played a role in the deal.
OH, TANNENBAUM! ANOTHER GREAT CAREER HITS THE SKIDS
Another talented journalist trapped in the career cul de sac (5/20a)
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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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