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Big-name artists such as Bob Dylan, Sting and
Neil Diamond in the recent past have sold their catalogs to
music labels, helping them generate more revenue from licensing,
brand deals and royalties.
The label said its music publishing arm Universal Music
Publishing Group will receive Zappa's publishing catalog
including album "Joe's Garage", songs "Cosmik Debris" and "Uncle
Remus", among others.
Over the last decade, UMG's global catalog company Universal
Music Enterprises and The Zappa Trust reissued many of Zappa's
iconic albums on vinyl and made his catalog of music available
for streaming and download.
UMG, which also represents and collects royalties for artists
such as Taylor Swift, Billie Eilish and Korean pop group BTS,
had said in May they expect the boom in the music streaming
industry to continue.
(Reporting by Akash Sriram in Bengaluru and Dawn Chmielewski;
Editing by Krishna Chandra Eluri)
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