Monday, October 23, 2006

Warner music pays million dollars to get back the distribution rights

Warner music pays million dollars to get back the distribution copyright of Rain's new album . Warner music finally won the battle by paying about Hong Kong dollars of 7 digits, to grab the copyright in Asian region from Universal music.

3 years ago, Rain was still new and his debut album was released through Warner. Although Warner spents lots of money on publicity, the sales figure wasn't satisfying as was not shown that time. After FH and Asia Tour, Rain gained strong pupolarity in Asia but the distribution right was in the hand of HK Universal. Thus Warner was upset about it.

The contract between Rain and Universal is expired soon. So, Warner immediately discussed with Rain's manager about the new contract, and finally took back the copyright by paying 7-digit HK dollars.

In order to show their emphasis and sincerity, Warner in HK and Taiwan are going to put in efforts for publicity. CEO of HK Warner mentioned that the publicity cost is yet to be finalised but it's sure that they will put in more than million dollars for him. Whereas Rain's HK manager, Chen Jiaying was unaware of this issue as it was fully in charge by JYPE.

TW Warner is preparing for the distribution of in Korean is more than 100,000 copies and became NO.1 of selling board.

Source: Lianhe Bao
Up by BiwithRain
Traslation by jjbug@rain-malaysia

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