Legado 7 has extended its long-term deal with label Rancho Humilde, Billboard can exclusively announce.
"We are thrilled to continue being part of the Rancho Humilde familia," said Alex Guerra and Ramon Ruiz, co-founders of Legado 7.
The million-dollar contract was signed on Wednesday, Dec. 18 by Rancho Humilde's co-founders, including CEO Jimmy Humilde, CFO Roque Venegas, and Jose Becerra.
"These are the guys who started it all. The movement has become what it is today thanks to the vision that Legado 7 had all along," adds Humilde.
The band is set to release a new album in 2020.