Universal Music Group has launched a new JV in Mexico, Infinity, with one of the region’s foremost industry figures, Alejandro Fernández.
Infinity brings together Universal’s label operation with its live touring division, GTS, plus Fernández’s successful Grupo Fernández company.
Fernández, a successful artist, is also the co-founder of Grupo Fernández – a corporation which includes more than 20 companies working on music production, promotion, A&R.
Other functions of the company, created with Vicente Fernández, include administrative services and even the construction, leasing, and operation of properties and estates.
“I am very excited to propel and drive the entertainment industry in Mexico through this new alliance with Universal Music,” said Fernández. “I’ve always been interested in supporting and investing in Music.
“Throughout the years, I’ve had a really good relationship with my label which is why I am sure that with Infinity we will strengthen and create various options and opportunities for the Mexican audience.
“I’m very excited to propel and drive the entertainment industry in mexico with this new alliance.”
“I’d like to thank Universal and GTS for believing in me and my team to take on this amazing project.”
“It is an honor to be able to work hand in hand with Grupo Fernández for the artistic development of Mexican and International talent,” said GTS’s Jesús López.
“The great experience and success of the accomplishments Grupo Fernandez have achieved throughout the years, gives us peace of mind in knowing that we are walking down the right path.
“Thanks to Alejandro and his team for the faith bestowed upon Universal Music and its respective artists.”
Infinity will be run by Carlos de la Torre Jimenez, current CEO of Grupo Fernández, and will begin operations in Mexico with David Bisbal’s upcoming tour.
Spanish Latin Grammy award winner Bisbal (pictured) will visit Mexico in October where he will perform in Mexicali, Tijuana, Ciudad Juárez, Chihuahua, Pachuca, and Guadalajara among others.
“It is a privilege to be a part of the new Infinity alliance,” said David Bisbal. “Relying on the support of Alejandro Fernández, the experience and professionalism displayed by Grupo Fernández, the endless efforts and determination of Universal Music and my management team GTS, is key to my future in Mexico. It fills me with joy to have this new team by my side with whom I will continue to work in order to reach new heights with my music.”
Universal’s GTS division – Global Talent Services – represents artists and organises tours throughout the world.
With offices in 10 countries in the American content, Spain and Portugal, GTS has become the strongest artist booking agency in Latin America and the Iberian Peninsula.Music Business Worldwide