From Variety:
"Universal Music Group has announced an agreement with Frank Zappa’s family to acquire the legendary musician’s recordings, publishing catalog, film archive, name and likeness, and the contents of “The Vault,” the storage facility that houses his complete archives. The agreement is between UMG and the Zappa trust — comprising the musician’s children Moon, Dweezil, Ahmet and Diva Zappa — and spans his four-decade career. The deal, terms of which were not disclosed, expands on a previous partnership and the assets will continue to be managed by the company’s recorded-music catalog division, Universal Music Enterprises (UMe), and Universal Music Publishing Group."
Story continues here:
Frank Zappa's Recordings, Song Catalog and More Acquired by Universal - Variety
"Universal Music Group has announced an agreement with Frank Zappa’s family to acquire the legendary musician’s recordings, publishing catalog, film archive, name and likeness, and the contents of “The Vault,” the storage facility that houses his complete archives. The agreement is between UMG and the Zappa trust — comprising the musician’s children Moon, Dweezil, Ahmet and Diva Zappa — and spans his four-decade career. The deal, terms of which were not disclosed, expands on a previous partnership and the assets will continue to be managed by the company’s recorded-music catalog division, Universal Music Enterprises (UMe), and Universal Music Publishing Group."
Story continues here:
Frank Zappa's Recordings, Song Catalog and More Acquired by Universal - Variety