Sony/ATV Music Publishing has extended its worldwide deal with songwriter and artist Luis Fonsi whose hit “Despacito” is the most-streamed song of all time.
The new agreement with Fonsi includes “Despacito,” which on Sunday night, became the Latin song with most wins ever at the Billboard Music Awards.
The new agreement with Fonsi, who first signed to Sony/ATV in 2005, includes recent hits “Despacito” and “Echame la Culpa.” But it also encompasses his past catalog of Spanish language hits, including “Aqui Estoy Yo,” “No Me Doy Por Vencido” and “Nada Es Para Siempre.” The deal also includes future works.
“I’m happy to continue to work with the amazing Sony/ATV family led by my longtime friend Jorge Mejia,” said Fonsi in a statemement, referring to Sony/ATV’s president for Latin America and U.S. Latin. “We’ve shared some amazing moments together and I can’t wait to celebrate more.”
Added Mejia: “In my career and perhaps in the annals of Latin music, there is certainly a ‘before Despacito’ and an ‘after Despacito’. I am honored to extend our long-standing relationship with Luis Fonsi, a history-making artist, songwriter and friend.”
In addition to his most recent wins at the BBMAs, Fonsi was presented with the President’s Award at the BMI Latin Awards in Los Angeles in March.