Sheryl Crow has sold her music publishing catalog to First State Media
Group, a Dublin, Ireland-based investor in publishing assets.

The Wall Street Journal, which first reported the sale earlier Wednesday, said the deal was valued at about $10 million. Crow's catalog had been administered by Warner/Chappell Music.

First State Media Group, the parent of music publisher S1 Songs, said in a statement that it has acquired 153 songs released by Crow between 1993 and 2008 and that it has secured the publishing rights to her next two albums as well.

In the statement, First State Media Group managing director Geordie Manolas said the Crow catalog acquisition "is a significant coup" for the company, adding that "her repertoire has considerable longevity."

In an email to Billboard, Crow's lawyer Jay Cooper, co-chair of the
Los Angeles entertainment practice of Greenberg Traurig, confirmed that Crow sold the publisher's share in her songs for the life of the copyright.

Crow, who has co-written hits like "All I Wanna Do," "My Favorite Mistake" and "Everyday Is A Winding Road," retains her songwriter's share of copyright, which means she will still participate in any upside revenue generated by First State Media Group's synchronization and marketing teams.

First State Media Group owns a portfolio of about 30,000 songs and has completed more than $150 million in music copyright investments since October. The company is a joint venture owned by its management team and Colonial First State Global Asset Management, a unit of the Commonwealth Bank of Australia Ltd.