Universal Music Publishing Concludes Agreement With STX Entertainment
November 18, 2015 at 12:23 PM (PT)
UNIVERSAL MUSIC PUBLISHING GROUP has signed an exclusive, worldwide agreement with STX ENTERTAINMENT (STX), it was announced by UMPG Chairman/CEO JODY GERSON and STX President SOPHIE WATTS, COO THOMAS McGRATH and EVP/Head Of Music JASON MARKEY.
Through the agreement, UMPG will administer and represent the studio’s future soundtracks, scores and catalog of related music publishing rights across all media. STX is currently on track to produce, market and release at least 12 major motion pictures a year. Upcoming films from the company include the JULIA ROBERTS thriller "Secret In Their Eyes"; "The Boy", a horror film from director WILLIAM BRENT BELL ("The Devil Inside"), and the epic,MATTHEW McCONAUGHEY action-drama "The Free State Of Jones," from writer-director and four-time OSCAR nominee GARY ROSS. Earlier this year, STX released the suspense thriller, "The Gift," with JASON BATEMAN and REBECCA HALL.
Commented GERSON: “STX ENTERTAINMENT is an exciting new studio and media company with a fantastic production slate and we have great respect for the entire management team. I’m very pleased to be a part of this opportunity to work with STX from the ground floor and look forward to a long and creative partnership.”
Added STX's WATTS: “As we have been building our studio, we have aligned ourselves with the best and most respected market leaders in the industry. UNIVERSAL MUSIC PUBLISHING GROUP is a pivotal pillar as we add music to our portfolio of ancillary content and distribution partnerships. To have our motion picture music rights represented all over the world by UMPG gives us the support of a true global giant, and we are thrilled that JODY GERSON and her team are our partners. This is a win-win for both of our companies.”
Said McGRATH, “I am pleased to once again be associated with UNIVERSAL MUSIC PUBLISHING, with whom I have enjoyed many fruitful collaborations during my career.”
MARKEY also commented: “I have worked with every major administrator and publishing company in the industry and the team at UMPG is far and away the most forward-thinking, innovative and aggressive I have ever worked with. We are in great hands with JODY, BRIAN [LAMBERT] and their hands-on global team of experts in creative, licensing and administration.”
UMPG EVP/Head Of Film And TV Music LAMBERT concluded: “We are very proud of this new relationship with STX ENTERTAINMENT. It's a great opportunity to collaborate musically and we're excited to work even more closely with JASON and their talented film executive team.”