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STX Signs Exclusive, Worldwide Deal With Universal Music

Under the agreement, Universal will manage the studio’s future soundtracks and scores

Universal Music Publishing Group has signed an exclusive, worldwide agreement with STX Entertainment, executives from both companies announced Wednesday.

Through the agreement, UMPG will administer and represent the studio’s future soundtracks, scores and catalogue of related music publishing rights across all media.

STX is currently slated to produce, market and distribute 12 to 15 major motion-pictures a year. Upcoming films include this week’s “Secret in Their Eyes,” starring Chiwetel Ejiofor, Nicole Kidman and Julia Roberts; “The Boy,” starring Lauren Cohan; and the action-drama “The Free State of Jones,” starring Matthew McConaughey, Gugu Mbatha-Raw and Keri Russell.

“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,” said Jody Gerson, UMPG Chairman and CEO. “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.”

UMPG represents music from talent like Adele, Axwell & Ingrosso, Bastille, The Beach Boys, Leonard Bernstein, Coldplay, Jason Derulo, Miley Cyrus, Sam Hunt, Eminem, Nicki Minaj, and more. UMPG also works with major studios and productions companies, representing interests like Warner Bros. Entertainment, Universal Studios, HBO, DreamWorks, DreamWorks Animation, NBC and Sesame Workshop.

Currently in production for STX are “The Space Between Us” starring Gary Oldman, and “Besties” starring Hailee Steinfeld, Woody Harrelson and Kyra Sedgwick. The production company will start production on five more films in the next four months.