Soribada Collaborates with 'Yonggamhyeongje Music Bro' for Music Service ASP
[Asia Economy Reporter Jang Hyowon] Soribada (CEO Jo Hogyeon) announced on the 27th that it has signed an ASP contract for the music service of Music Brothers (CEO Kim Kyungmin)'s new platform ‘Music Bro’.
Through this contract, Soribada will supply the necessary content to establish the music service foundation for Music Bro, which will launch its service in August.
Soribada has accumulated extensive data through its long-term music business operations and has played a solid bridging role in the music market based on partnership experience with strong platform companies such as Samsung Music. Soribada's capabilities are expected to significantly contribute to Music Bro's stable entry into the music service market.
Additionally, this contract is expected to provide Soribada with a new growth foothold in its core music business, increasing interest in the service launch.
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A Soribada representative stated, “Through partnerships with emerging platforms, we expect to broaden the base for music services and invigorate Soribada’s core business,” adding, “Along with ASP support for music services, Soribada will also discover new business models to enhance competitiveness in the music market and further strengthen capabilities in its key business areas.”
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