United States, 10th Mar 2023 – FYE Records, in partnership with Universal Music Group(UMG), has recently secured a major publishing deal that has pushed the record label’s valuation to $3,500,000. With the support of institutional investors IMC Capital Investment and SUN Capital Management, FYE Records has become a sought-after label for capital groups looking to invest internationally.
In the first quarter of this year, FYE Records had already secured a distribution deal with UMG, which has contributed to the management of the label’s already robust distribution network.
In a recent interview, FYE Records CEO Kamyrn Perez stated that the new distribution deal with Universal Music Group “reflects our commitment to excellent songwriting and the professional development of artists.” He added that “signing this deal will empower all artists currently signed under FYE.”
Over the past year, FYE Records has garnered the attention of various capital groups, including those focused on international investments, thanks to its impressive track record of successful deals. Its latest agreement with UMG demonstrates the label’s ability to attract top-tier partners.
FYE Records’ latest hit single, “Purple Dream Night,” performed by Sunnie Quing and Kam Nasty. Produced by Jun5 and Official ZeZe, entered the #3 position on the Spotify Chart within its first week of release, underscoring FYE’s ability to captivate audiences and close major deals with industry leaders like UMG.
As FYE Records looks ahead to 2023, it aims to expand its portfolio and investment worldwide, targeting international markets to discover and develop talented artists.
“We are dedicated to investing and developing international artists who have been underrated in the past,” said Jun5, Vice President of FYE Records. “We are always searching for the diamonds in the rough.”
FYE Records’ next official release, “She Comes Fiji,” is highly anticipated by music lovers worldwide. For more information and updates, visit FYE Records’ official Spotify and Instagram.
FYE Records’ next official release, “She Comes Fiji,” is highly anticipated by music lovers worldwide. For more information and updates, visit FYE Records’ official Instagram: https://www.instagram.com/fyemusicent/
Media Contact
Organization: FYE
Contact Person: Fye Records
Email: management@fyemusicentertainment.com
Website: http://www.Fyemusicent.com
Country: United States
Release Id: 1003232706