UMPG, Soap Music Group Sign Global Administration Deal – Various

Entertainment company Mogul Haim Saban has signed a global administration agreement with Saban Music Group (SMG) and Universal Music Publishing Group (UMPG), the company announced today.

Gustavo Lopez has been running SMGs since the beginning of July 2019. He is himself an experienced SMG artist and lyricist at Universal Music Group. Israeli pop duo Static & Ben El, Mergui (Israel), Marie Monti (France), Cheska (Puerto). Rico) and Reykjav (k (Colombia).

Soap itself has pledged জি 500 million to fund SMG funding and to invest in the acquisition of recording, publishing and management entities. “I’m thrilled about this new initiative,” Soap said. “Innovation requires collaboration, and this partnership expands our possibilities for global success.”

Jody Jarson, Chairman and CEO of UMPG, added: “We are delighted to partner with Hyme Soap and Gustavo Lopez and Soap Music to create opportunities for their artists and songwriters. I believe that together we will have outstanding success. ”

In January, SMG announced a strategic distribution and marketing strategic alliance with UMG through Caroline, a subsidiary of UMG’s Capital Music Group, which manages distribution in the United States and worldwide, where it operates 11 offices. SMG’s activities span the spread of recorded music, publishing, travel, management and acquisitions. It operates through a 360 model.

The Santa Monica-based UMPG includes ABBA, Adele, Taylor Swift, Justin Timberlake, U2, Nicki Minaj, Post Malone, Ariana Grande and Shawn Mendes, Coldplay, Rosalia, Carol Bayer Seger, Irving Berlin and Randy Newman. It operates in 48 countries through 48 offices.