Deal includes the publishing and recording rights to the saxophonist's music.
The new company was co-founded by former BMG executives Alexi Cory-Smith and Neelesh Prabhu, with financing from private equity fund Freshstream.
The songwriter will receive his award at The Ivors on May 18 in London.
Rice is the first songwriter primarily known for his work in theater to receive this award since Stephen Sondheim in 1999.
The catalog includes songwriters' stakes in songs like Major Lazer’s “Lean On" and Mark Ronson’s “Nothing Breaks Like A Heart."
Marty MARO has worked with artists like Selena Gomez, DJ Snake, John Legend, Anitta and Bastille.
The deal covers 67 songs Johnson wrote for Styles, Meghan Trainor, Sam Smith and more between 2012 and 2020.
At the Association of Independent Music Publisher's first meeting of 2023, David Israelite discusses the year ahead for publishers.
The company's robust publishing business helped offset a $4 million net loss related to one-off debt and the higher U.K. tax rate.
Bryan's music has already reached one billion streams, according to the publishing company.
