UNIVERSAL MUSIC GROUP and MOONBUG ENTERTAINMENT PARTNER EXCLUSIVELY TO BRING VAST LIBRARY OF EDUCATIONAL MUSIC
Moonbug Entertainment, the award-winning global entertainment company behind some of the world’s most popular kids’ titles and Universal Music Group (UMG), the world leader in music-based entertainment, today announced an exclusive global partnership. Under the terms of the agreement, UMG will provide worldwide distribution, publishing and licensing for the Moonbug Music label and its hugely popular kids and family music catalogs, including CoComelon, Little Baby Bum & Blippi, which currently generate more than 150 million monthly streams across Moonbug brands.
Music is an essential tool in early childhood development, helping children learn and grow through repetitive rhymes and rhythms. The multi-year partnership will see the companies work closely together to reach new audiences globally, explore new opportunities to improve the accessibility of kids music for parents as well as infants, toddlers and other key learning phases through optimization of voice-activated technology and in-home devices, playlisting and other innovations. Over the past three years, Moonbug has built an unmatched global family audience through its hugely popular shows like CoComelon and Little Baby Bum. These shows promote healthy values, as well as fostering positive narratives, as well as singing-along to playful nursery rhymes that help them learn letters, numbers, animal sounds, colors and more.
We could not be more thrilled to partner with a respected and influential industry powerhouse like Universal Music Group to expand the possibilities of our music content,” said René Rechtman, co-founder and CEO of Moonbug Entertainment. “Music plays a critical role not only in our company’s growth strategy but also in childhood development. We look forward to the possibilities for our already popular nursery rhymes and songs, and the new music that we’ll produce together.”
Sir Lucian Grainge, Chairman & CEO, Universal Music Group said, “We are delighted to partner with Moonbug Entertainment, reinforcing UMG’s position as the leading distributor and publisher of kids music globally. We have seen tremendous growth in the kids and family segment in recent years, thanks to advances in streaming and voice-technology. We look forward to working with Rene and the talented Moonbug team to amplify the reach of their catalog to families around the world, and to further improve the accessibility of music for children of all ages.”
These educational and behavioural-themed songs have struck a chord with parents and children alike across the world. Moonbug currently has two of the top 20 most-watched YouTube videos in history. Its ‘Bath Song’ from CoComelon has been viewed more than 4.4 billion times. Kids music consumption has increased dramatically across streaming services in the past two years, particularly in the early childhood phases (1-5 years old). The rapid adoption of voice-enabled devices globally in the home has meant that children are engaging with music at a younger age than ever before. As families spent more time in the home due to the pandemic, new behaviours were established, with children increasingly able to access music utilising in-home technology via premium streaming subscription services.
The deal reaffirms UMG’s position as the global market-leader for Kids and Family music of all ages, supported by UMG’s operations worldwide.
About Moonbug Entertainment
Moonbug Entertainment is an award-winning global entertainment company behind some of the most popular kids’ titles in the world. Moonbugs lineup includes global sensations CoComelon, Blippi, Little Baby Bum, My Magic Pet Morphle, Supa Strikas, Go Buster, Playtime with Twinkle, Gecko’s Garage, ARPO and many more which are available in 27 languages.
In just three years, it has become a kids programming powerhouse with a library of more than 550 hours of content, which is distributed on more than 100 platforms globally, including YouTube, Netflix, Hulu, Amazon Prime Video, Sky, Tencent, Youku and Roku. In May of 2020, Tubular Labs named Moonbug one of the leading digital kids’ entertainment companies in the world based on the total number of minutes watched worldwide.
About Universal Music Group
Universal Music Group (UMG) is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content in more than 60 countries. Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. Universal Music Group is a Vivendi company. Find out more at: http://www.universalmusic.com.