Saban Music Group, Universal Music Publishing Group enter global administration agreement

23 June 2020 - Press release

 

Saban Music Group (SMG), a music company backed by worldwide entertainment industry pioneer Haim Saban, announced an exclusive, global administration agreement with Universal Music Publishing Group (UMPG), a leading, global music publisher.

SMG was founded in 2019 by Saban, Chairman and Chief Executive Officer of Saban Capital Group LLC. Led by industry veteran Gustavo Lopez, the company's global music strategy entails identifying, signing, and developing artists with international appeal. SMG's global artist/songwriter roster includes Static & Ben El (Israel), Mergui (Israel), Marie Monti (France), Chesca (Puerto Rico), and Reykon (Colombia), and more.

"I am thrilled about this new venture. Innovation requires collaboration, and this partnership amplifies our chances for success on a global scale," said Haim Saban of the new agreement.

"We are excited to be partnering with Haim Saban and Gustavo Lopez and Saban Music to create opportunities for their artists and songwriters. I am confident that we will have outstanding success together," said Jody Gerson, Chairman and CEO of UMPG.

SMG's operations span recorded music, publishing, touring, management, and acquisitions. The music entertainment firm focuses on providing resources for both local and international artists through its 360 model.

The agreement, effective immediately, strengthens the partnership between SMG and the Universal Music family. Earlier this year, SMG announced a global distribution and marketing agreement with Universal Music Group (UMG), the world leader in music-based entertainment. SMG is distributed in the U.S. by Caroline, an arm of UMG subsidiary Capitol Music Group, and works in tandem with Caroline International and UMG's Santa Monica-based central services team for all other territories.