Walt Disney's Buena Vista Music Group has inked an exclusive licensing deal with EMI Music covering the United Kingdom, Continental Europe, South Africa and the Middle East.
LONDON -- Walt Disney's Buena Vista Music Group has inked an exclusive licensing deal with EMI Music covering the United Kingdom, Continental Europe, South Africa and the Middle East.
The agreement covers all of Disney's repertoire from Hollywood Records, Walt Disney Records, Lyric Street Records and Mammoth Records. It includes the full Disney catalog of music from more than 75 years.
Terms of the deal were not disclosed but sources at EMI say it is a long-term agreement.
Disney was previously represented outside North America by Warner Music International; that deal was in place since 2001. Warner decided not to renew its agreement with Disney earlier this year.
In the United Kingdom, pop titles from Hollywood Records will go through Angel Music Group while soundtracks, compilations and catalog items will be handled by the commercial marketing team.
Both parties insist that the agreement will allow the Disney catalog to be exploited to its maximum potential. Sources at EMI say the catalog complements EMI's, which is short of film soundtracks and mainstream American pop acts.
"The wide range of products contained within the Disney labels' catalogs requires a variety of skills and approaches, all of which are present across EMI's labels and divisions," commented Tony Wadsworth, chairman/CEO of EMI Music UK, who along with his counterpart at EMI Music Continental Europe Jean-Francois Cecillon brokered the deal.
"This partnership presents us with exciting possibilities and a level of enthusiasm we haven't experienced before," added Buena Vista Music Group's chairman Bob Cavallo.