Market Chatter: Naver, Universal Music Sign Deal to Boost Music Access on Clip Platform

MT Newswires Live

Apr 21, 2025

Naver (KRX:035420) signed a licensing agreement with Universal Music Group, granting the former's short-form video platform Clip creators access to over 2.1 million global tracks, including hits by The Beatles and Taylor Swift, The Korea Herald reported Friday.

The move supports Clip's "Today's Clip" challenge, which has driven a 35% rise in user-generated content, especially among younger users, the report said.

Naver also enhanced its video editor with easier music integration and new track recommendations. The deal follows Naver's recent expansion of K-pop, indie, and jazz music offerings, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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The deal follows Naver's recent expansion of K-pop, indie, and jazz music offerings, the report said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4075","symbol_name":"烟草","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2529282305","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529282305","pubTimestamp":1745222644,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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