The agreement covers songs including "Burning Love" and "Callin' Baton Rouge."
Angelo Rufino, who holds a seat on the company's newly formed board, sees the music intellectual-property asset class eventually becoming a $100 billion market.
The sale includes Nilsson's publishing catalog as well as artist and writer revenue streams of hits like "Without You," "Coconut" and "Everybody's Talkin'".
The "Without Me" and "Closer" singer-songwriter was previously signed to UMPG.
Reporting its third-quarter earnings, the company raised its full-year fiscal 2023 growth forecast.
UMP China will now handle administration for RYCE Publishing, including some of China's biggest pop hits and Greater China rights over key K-Pop act copyrights.
After mastering traditional publishing, the company reimagined its business — but staying at the changing industry’s cutting edge hasn’t come without risk.
This week in publishing news: Spirit buys catalog of a Civil Wars singer, Reservoir buys share in Naughty By Nature catalog, and Milk & Honey launch a scholarship.
Moon Projects, a label and creative agency, has already seen success on the label side by launching the career of Em Beihold with Republic Records.
Universal has acted as the Berlin catalog's publishing administrator outside the U.S. since 2012.
