Cutting Edge Group (CEG), which owns rights to the music catalogs of Warner Bros. Discovery and AMC Studios, acquired award-winning composer Brian Tyler‘s rights and royalty streams to the soundtracks of the Fast and the Furious franchise, the Now You See Me films, The Super Mario Bros. Movie, Crazy Rich Asians and more. The acquisition is one of the largest ever completed for the rights of a single film and TV composer, according to a press release issued on Wednesday (July 15).
The films represented in the catalog collectively grossed more than $21 billion at the box office and also include Iron Man 3, Avengers: Age of Ultron, Thor: The Dark World, Rambo: Last Blood, Teenage Mutant Ninja Turtles, Taylor Sheridan’s Yellowstone universe and the very first “Official F1 Theme” for Formula 1, which plays every time the race is broadcast globally, according to the release.
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Chris Eggertsen, Jessica Nicholson, Michael SaponaraThe acquisition bolsters CEG’s position as the leading media music catalog collector, with a portfolio of 400,000 owned and/or managed media music rights, valued at more than $1 billion. CEG was represented in the transaction by Michael Poster and Mehdi Sinaki of Michelman Robinson. Tyler was represented in the transaction by Dave Kaplan at Surfdog, Sam Schwartz and Michael Gorfaine of Gorfaine Schwartz Agency, Scott Edel and Mitchell Manger at Loeb & Loeb, and Jean Lee at Citrin Cooperman.
“Music is how we remember the stories that matter most to us,” said Tyler in a statement. “It’s the invisible thread running through a scene or story that makes it unforgettable, and I’ve spent my career trying to serve those stories as honestly as I can. Knowing that these compositions will be in the hands of a team that genuinely understands their value — not just commercially, but creatively and culturally — means everything to me.” — Elizabeth Dilts Marshall
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