Warner Music India has signed a joint venture deal with Sky Digital, significantly expanding their partnership.
The companies penned a strategic partnership in 2021, but have now entered into a new phase of collaboration that will see them jointly develop and manage a roster, with Warner Music India upstreaming some of the hugely popular artists on it.
Alfonso Perez-Soto, President, Emerging Markets, Recorded Music, WMG, said, “This is a strategic partnership with a hybrid model that enables us to help develop artists’ careers directly. This approach will be hugely beneficial to Sky Digital’s artists who have the potential to be truly global stars. It’s also part of our mission to take culturally vibrant Punjabi music to a worldwide audience.”
Jay Mehta, Managing Director, Warner Music India, said, “The popularity of Punjabi music around the world has soared in recent years, amplified by a widespread diaspora and starting to cross over into the mainstream in several markets. This partnership creates a great platform for more artists to take their music global and have Punjabi music dominate global charts.”
Gurkaran Dhaliwal, Managing Director, Sky Digital India, said, “This deal takes our collaboration to a new and a more dynamic level. Our synergetic relationship with Warner Music Group has already helped us expand our market share in India and significantly graced our artists with popularity among a wider audience. This joint venture allows music and homegrown talent to scale zenith of success by becoming globally loved and acclaimed stars.”