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Universal Music, Disney Music Strike Global Commercial, Creative Pact

2 views - published on March 20th, 2013 in Disney News tagged , , , ,

The Walt Disney Co.’s Disney Music Group and Vivendi’s Universal Music Group pronounced Wednesday they have stretched and deepened an ongoing attribute around a long-term tellurian blurb and artistic agreement.

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The deal, announced by UMG authority and CEO Lucian Grainge and Disney Music executive vp Ken Bunt, covers earthy and digital rights to Disney albums.

The Disney Music Group includes Hollywood Records, Walt Disney Records and Disney Music Publishing, and Disney Music artists embody Demi Lovato, Selena Gomez, ZZ Ward, Queen and Grace Potter The Nocturnals.

The agreement also covers such Disney  soundtracks as Aladdin, Beauty and a Beast, The Lion King, The Little Mermaid, Winnie The Pooh, Cinderella, The Jungle Book, Toy Story, Mary Poppins and The Mickey Mouse Club, as good as a event to work together on song to new releases from Disney, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios and Lucasfilm.
 
The agreement also allows for tighten artistic partnership between a dual companies as DMG’s labels and artists will have entrance to UMG’s register of producers and songwriters worldwide.

Financial terms weren’t disclosed.
 
“We are gay to take a successful and long-standing attribute with Disney to a subsequent level,” pronounced Grainge. “Providing entrance to a artistic resources on a tellurian scale, this new agreement takes a attribute with Disney over simply a blurb and fosters partnership on a low-pitched level.”
 
Said Bunt: “Universal Music Group has been a profitable and devoted co-operator of a Disney Music Group for over 18 years. And we are vehement to enhance a organisation to move larger partnership and vital formulation to a common businesses.”
 
Email: Georg.Szalai@thr.com
Twitter: @georgszalai