Pale Waves announced as debut signing

Giant enters global distribution deal with Stem

Sources with knowledge of the situation report the deal will go ahead

The new office will open in Chengdu, commonly known as “the capital of Chinese hip-hop”

Includes “artist-centric provisions and terms” covering AI

Plans a series of re-releases to revitalize the label’s catalog

The major AI startup also recently signed deals with UMG and WMG

The alliance seeks to provide global exposure for Indian and South Asian artists