Walt Disney Co. said Tuesday that it will license its "Hannah Montana," "High School Musical" and some other recordings to Universal Music Group for distribution in Asian markets outside of Japan.
Burbank-based Disney said the New York-based record label will distribute physical and digital copies of music by artists affiliated with Walt Disney Records and Hollywood Records. Financial details of the deal were not released.
The partnership is a push by Disney and Universal Music to win customers in China, India and other Asian countries where music sales have been stung by piracy.
According to the International Federation of the Phonographic Industry more than 99 percent of music downloads in China are done so illegally.
The agreement, which became effective Tuesday, covers China, Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand. Also, Universal Music, a unit of Paris entertainment company Vivendi SA, will start distribution in India by October.
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