EMI And Warner Music Group Strike Distribution Deals In India, Middle East, Turkey
EMI Music and Warner Music Group (NYSE: WMG) have agreed to extend their existing marketing and distribution deal in India and the Middle East and will also enter into their first partnership in Turkey, the companies announced today. Under the terms of the multi-year deal, EMI will become the local digital distributor of WMG’s local repertoire in India and the Middle East and will continue to act as its local physical distributor, a role it has held since 2005. In Turkey, EMI becomes WMG’s new digital distributor as well as its local physical distributor.
The territories covered under the deal include India, Turkey, Saudi Arabia, UAE, Lebanon, Bahrain, Qatar, Oman, Jordan, Syria, Yemen, Kuwait and Egypt. The agreement also includes an extension of EMI’s physical distribution deal with WMG for Libya, Morocco, Algeria and Tunisia and adds certain digital rights.
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