The deal follows the electronic producer's lauded residency at Sphere Las Vegas.
Also: Billy and Ezra Steinberg sign new global publishing deals with Sony Music Publishing, and Melody Place snags its first standalone writer.
The Wall Street Journal reports the deal values the rap icon's estate at worth $200 million
The publisher will administer Tovar's entire catalog and future songs worldwide.
"It's a big step in my career as an artist and songwriter," the Colombian hitmaker said.
The PRO also announced it will no longer charge an application fee for songwriters and composers who wish to join.
Called Songwriter Collections, the service will provide global publishing royalty collections via direct deals with digital service providers.
The Venezuelan singer-songwriter won the Latin Grammy for best new artist in 2023.
For the fourth quarter of 2024, Pulse makes the Country Airplay top 10 for the first time, and WCM notches another quarter in first place.
For the fourth quarter of 2024, Christmas hits return, Amy Allen is the top pop songwriter and Gigi Perez’s "Sailor Song" makes her a top 10 publisher.
