Sibling Group Holdings, Inc. (SIBE) Enters Music a
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Sibling Group Holdings continues to make big moves in preparation of major growth in the coming years. Following its February announcement of a partnership with a group of Hong Kong secondary schools, Sibling Group, through its wholly-owned subsidiary Urban Planet Mobile, recently announced a partnership with Rivers Media Group (RMG), a global music label and branded entertainment content provider.
“This partnership is part of our next phase of domestic and international growth,” stated Brian Oliver-Smith, CEO of Sibling Group.
By teaming with RMG, the company gains access to a global digital entertainment distribution network with an established worldwide delivery model. According to the company’s website, RMG has exclusive partnerships in place to provide content to every region of the planet through agreements with some of today’s most powerful entertainment brands.
With existing business in over 40 countries, Sibling Group has been working overtime forming the necessary strategic partnerships to fuel additional international expansion. The company’s award-winning software platform, which is available for product delivery across all mobile and digital platforms, puts Sibling Group is a strong position to successfully enter a variety of content delivery markets, including the music and entertainment industry.
According to reports from IFPI, digital revenues accounted for approximately 39 percent of the global music industry’s revenue in 2013 at $5.9 billion. Subscription services, in particular, experienced 51.3 percent growth from the previous year across all major markets.
With a mobile platform in place that can reach up to 85 percent of the world’s English learning population, Sibling Group could be in a very powerful position to develop new revenue streams through the delivery of high quality music and entertainment content. As the company continues to form strategic partnerships outside of the blended learning industry, look for Sibling Group to make significant strides towards growing its influence in lucrative markets around the globe.
To learn more about Sibling Group Holdings, visit www.siblinggroup.com
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