[Official] FNC Partners with YG PLUS.. Signs Music Streaming and Physical Album Distribution Agreement

*This content was translated by AI.View Original

FNC Entertainment (FNC) has signed a music streaming and physical album distribution agreement with YG PLUS.

On the 22nd, FNC announced that it had concluded a music streaming and physical album distribution contract with YG PLUS.

YG PLUS is a top-tier specialized company in domestic music streaming and physical album distribution, handling the distribution of music for major Korean entertainment companies such as HYBE and YG Entertainment. Through this agreement, FNC plans to maximize business synergy between the two companies based on YG PLUS's global distribution network and infrastructure.

In particular, through its collaboration with YG PLUS, FNC intends to actively leverage direct contract infrastructure with major digital streaming platforms (DSPs) established in over 190 countries worldwide, as well as a global supply chain for physical albums via an overseas physical album distribution network.

The two companies plan to continuously explore opportunities for cooperation across the entire music business, including merchandise (MD) and concerts, starting with music streaming and physical album distribution. They aim to concretize medium- to long-term business synergy with FNC by leveraging YG PLUS's accumulated expertise in music streaming and physical album distribution, MD, and other businesses in the global music market.

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*This content was translated by AI.View Original