Both [PIAS] and Universal Music Group (UMG) are respectively one of the world’s leading independent music companies and the world leader in music-based entertainment.
This partnership gives UMG access to [PIAS]’ international distribution network and the company's unrivalled services to the independent music community through [Integral] — its recently rebranded distribution and services division.
[Integral] supports its own, in-house labels and over 100 independent label partners including Beggars Group, Chrysalis, Domino, Partisan, Secretly Group, and Ninja Tune.
Conversely, [PIAS] will be able to utilize UMG’s resources and funding to broaden and develop its global outreach, bolstering its status as a prominent independent services provider.
"Almost 40 years since Michel Lambot and I launched [PIAS] we are as eager and driven as we ever were and remain wholly committed to providing independent labels and artists with a platform to reach a global audience," said Gates, co-founder and CEO of [PIAS].
"This new, somewhat unconventional, strategic agreement with UMG will help both companies maximize the many opportunities we know are available, while not compromising our independence whatsoever."