News - 03/11/2016

Prince's estate signs deal with Universal Music Publishing

Prince's estate signs deal with Universal Music Publishing

Universal Music Publishing Group (UMPG), a global leader in music publishing, announced an agreement with the Estate of Prince Rogers Nelson to become, effective immediately, the exclusive worldwide publishing administrator for Prince’s entire song catalog.

With the agreement, UMPG is now responsible for servicing and administering Prince’s expansive catalogue of songs. UMPG will also work closely with Prince’s estate to develop new creative outlets for his music.

Bremer Trust, the court-appointed temporary special administrator of the Prince Rogers Nelson Estate, hired entertainment industry experts Charles Koppelman, Chairman and CEO of CAK Entertainment Inc., and L. Londell McMillan, Chairman and CEO of The NorthStar Enterprises Worldwide, to secure business agreements in the best interest of the estate. They commented:

We are pleased that UMPG shall once again administer Prince's music publishing worldwide and assist the estate by giving Prince’s iconic music catalog the proper care and support it deserves. With this major agreement, the estate maintains ownership of Prince’s music, and now legions of fans from around the world will have even greater opportunities to continue to delight in his incomparable songwriting and musical expression.

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