Universal Music Publishing Group has struck an exclusive, global agreement with the L.A.-based motion picture and television studio STX Entertainment.
Through the new pact, UMPG will administer and represent STX’s future soundtracks, scores and catalogue of related music publishing rights across all media.
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Led by Robert Simonds and co-founded by Bill McGlashan, managing partner of TPG Growth, STX boasts five films set to start production over the next four months and the company says its on target to produce at least 12 major motion pictures each year.
Upcoming films on the slate include the thriller Secret in Their Eyes, starring Chiwetel Ejiofor, Nicole Kidman and Julia Roberts; The Boy, a horror from director William Brent Bell (The Devil Inside) and starring Lauren Cohan (The Walking Dead); and the action-drama The Free State of Jones, from writer-director and multiple Academy Award nominee Gary Ross and starring Matthew McConaughey, Gugu Mbatha-Raw, Keri Russell and Mahershala Ali.
“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,” said Jody Gerson, UMPG chairman and CEO.
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“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,” added Sophie Watts, president of STX Entertainment. “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.”