Neil Diamond sells Universal Music Group’s song catalog

This is a nice deal for Neil Diamond.

Universal Music Group has reached an agreement with the prolific singer and songwriter “Sweet Caroline” to acquire the rights to the entire catalog of his songs and process future releases of Diamond, the company announced on Monday.

Universal did not voice the terms of the deal, but said the acquisition includes 110 previously unreleased Diamond songs, as well as an album never heard before.

The Brooklyn, Nyborn Diamond, whose many hits also include “Solitary Man” and “I’m a Believer,” noted the agreement on Monday, saying: “After nearly a decade in business with UMG I am grateful for the trust and respect we have built together ».

Universal touted the deal as a way to put all of Diamond’s music together. The 81-year-old musician has been working with Universal as the publisher’s administrator since 2014.

“Neil Diamond is by definition a truly universal songwriter. His vast collection of songs and recordings include some of the most cherished and enduring songs in the history of music, ”said Lucian Grange, Chairman and CEO of Universal Music Group.

“Thanks to our existing partnership, we are honored to have earned his trust to become permanent custodians of his monumental musical heritage.”

Any new Diamond music will be recorded and released by Universal under their agreement, according to an announcement Monday.

The 81-year-old Diamond said he was confident that the company “will continue to present my catalog and future releases with the same passion and honesty that have always contributed to my career”.

The veteran artist, who was inducted into the Rock and Roll Hall of Fame in 2011, has sold more than 130 million albums.

Source link