Ray Charles Foundation president Valerie Ervin has announced today (Jan. 6) that the foundation has ended its association with the Concord Music Group. The entire music catalog of the late singer, who died in 2004, has reverted to the foundation.
"We greatly appreciate the extraordinary achievements we shared with Concord," says Ervin in a statement. "We look forward to new opportunities to share Ray's genius."
Concord couldn't be reached in time for comment by the close of the business day.
One of the most successful projects under the association was the 2004 posthumous release, "Genius Loves Company." Charles' final studio album, featuring guest turns by Elton John, Norah Jones, Natalie Cole and others, has sold 3.3 million domestically, according to Nielsen SoundScan. The album later won eight Grammys, including album of the year and record of the year for the single "Here We Go Again." In November 2011, Concord released the five-CD box set "Singular Genius: The Complete ABC Singles."