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Beyond Music Acquires Rights from Grammy Winner Yandel, Expands into Latin Music Market

2024-04-16 2 min read

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Beyond Music Acquires Rights from Grammy Winner Yandel, Expands into Latin Music Market

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Beyond Music, a Korean firm specializing in music IP investment and management, announced on the 16th that it has acquired partial music copyrights and related rights from Grammy Award-winning Latin music star Yandel (Llandel Veguilla Malavé). This acquisition allows Beyond Music to penetrate the rapidly growing Latin music market. The company manages a catalog of approximately 33,000 songs and plans to continue diversifying its portfolio with this new acquisition.

Yandel is a renowned vocalist, composer, musician, record producer, and artist within the Latin and reggae music genres. He commands over 21 million monthly listeners on Spotify, the world’s leading music streaming platform. His popular track ‘Yandel 150’ has garnered over 424 million views on YouTube, attesting to his widespread popularity and influence, comparable to that of globally renowned K-POP artists.

Lee Jang-won, CEO of Beyond Music, shared his enthusiasm about the partnership, stating, “It is an honor to work with Yandel, an artist of exceptional musicality and an illustrious career. We are excited to support his journey toward greater growth and new challenges. Both the Latin pop and Asian popular music scenes, including K-POP, are experiencing significant development. We aim to foster synergy by sharing and connecting high-quality music from these two vibrant markets.”

Previously, Beyond Music acquired the catalog of Grammy Award-winning Canadian music producer and songwriter Greg Wells, known for collaborating with artists such as Adele, Taylor Swift, John Legend, Dua Lipa, Quincy Jones, and Katy Perry.

Beyond Music has invested over $200 million in acquiring numerous hit tracks in the Korean pop music scene and major tracks in the Asian market, including catalogs from FNC Investment, Interpark, and KNC Music.

[Korean Music Startup News]


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