The deal, which was three years in the making, includes classics like "Time of the Season" and "She's Not There."
Catalog owners and estate administrators are turning to AI-driven tech to make music freshly available for remixes, samples or synch placements.
The LA-based distribution and payment company said it will offer more advances to artists who use their catalogs for backing.
The music icon's recordings earn around $3.7 million annually in streams and synchs, Billboard estimates.
This week in publishing news: Reservoir launches JV with American Idol producer, Position Music Signs Sam Tinnesz and more.
Detroit techno legend Kevin Saunderson and Russian DJ-producer ARTY are among the fund's first catalog acquisitions.
Citrin Cooperman partner Nari Matsuura oversaw roughly 750 catalog valuations worth more than $15.5 billion between 2021 and 2022.
The producer, writer and artist has worked on hits like "Bad and Boujee," "Heartless," "Congratulations," "Creepin'," "Knife Talk" and more.
Deal includes the publishing and recording rights to the saxophonist's music.
Merck Mercuriadis' company gains a partner in film and TV through Beatclub's opportunities portal.
