ASTRALWERKS & CAPITOL RECORDS CHINA ANNOUNCE GLOBAL LICENSING AND DISTRIBUTION PARTNERSHIP WITH LIVE NATION ELECTRONIC ASIA'S FABLED RECORDS LABEL

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BEIJING, May 27, 2022 /PRNewswire/ -- Live Nation, the global leader in live entertainment, has today announced that its Asian electronic dance music division, Live Nation Electronic Asia (LNEA), has entered into a multi-year global licensing and distribution agreement for its recently launched Fabled Records label. Dedicated to supporting the next generation of Chinese electronic music and artists, LNEA is partnering with global dance label Astralwerks and Capitol Records China (CRC), both divisions of Universal Music Group (UMG), the world's leading music-based entertainment company.