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Ron perry columbia records10/29/2023 ![]() ![]() For their part, SONY acquired TODD MOSCOWITZ's ALAMO RECORDS, which had previously been a joint venture with UMG. 1 hits, among them Lil Nas X’s Old Town Road and 24kGoldn’s Mood. UNIVERSAL recently hired COLUMBIA RECORDS co-heads of A&R, IMRAN MAJID and JUSTIN ESHAK, to be Co-CEOs at ISLAND RECORDS, while recruiting RCA EVP A&R TUNJI BALOGUN to be chief of DEF JAM. At Columbia, the label has taken an A&R-centric approach during Perry’s reign, which has yielded several No. SCOOTER BRAUN, who sold his company ITHACA HOLDINGS to HYBE earlier this year, also helped with the deal, bringing together GRAINGE and HYBE Global CEO LENZO YOON.īILLBOARD also claimed COLUMBIA RECORDS CEO RON PERRY never met with HYBE Chairman/Founder BANG SI-HYUK, who helped oversee the rise of BTS since the group started in 2010. UMG and HYBE also announced a new partnership today with YG ENTERTAINMENT and KISWE to launch a new global live streaming platform. In FEBRUARY, UMG and HYBE announced an expanded strategic partnership that included a new joint venture label with UMG's GEFFEN RECORDS to debut a global K-pop boy band. The move follows a years-long effort by UMG CEO LUCIAN GRAINGE and INTERSCOPE GEFFEN A&M CEO JOHN JANNICK to woo the HYBE executives. In 2018, BTS signed a distribution deal with Columbia Records and The Orchard, a distribution subsidiary of Sony Music. Perry contributed as co-writer and co-producer to BTS’s song Butter. ![]() The new partnership is a licensing and distribution deal through GEFFEN/INGROOVES/UMG, according to a report in BILLBOARD. The original report stated that Bang and BTS were rumored to have an unsatisfactory business relationship with Columbia CEO Ron Perry. KOREAN superstar K-Pop group BTS is ending its distribution deal with SONY MUSIC's COLUMBIA RECORDS, which has been in place since 2018, and is headed to UNIVERSAL MUSIC GROUP.
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