Media and Broadcasting

Expanded Strategic Partnership Announces Big Hit Entertainment And Universal Music Group

Success Entertainment (Big Hit) and Universal Music Group (UMG) today declared an extended strategic partnership that will see the two companies work closely together to increase opportunities for artists through development and innovation, whilst growing the worldwide reach of K-popular music and culture around the globe.

UMG artists will investigate upgraded "direct to fan" communications through Big Hit's Weverse, a powerful local area based stage that allows steadfast artist fans to connect with, share and interface, see and hear new substance and purchase new products. Weverse is as of now being used by UMG artists Gracie Abrams, New Hope Club and Alexander 23, with Yungblud amongst the following influx of ability joining Weverse in the coming months.

This follows the declaration last week that UMG has become a value investor alongside Big Hit, YG Entertainment and Kiswe in KBYK's VenewLive premium live streaming stage.

Making the joint declaration today through KBYK's VenewLive stage, the two companies also reported the energizing details of a history making venture to assemble and make a big appearance another worldwide K-pop kid bunch together in the U.S. interestingly.

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