Jonas Group Entertainment Acquires Portion of Jonas Brothers' Catalog

The Jonas Brothers have sold several pieces from their music catalog to Jonas Group Entertainment (JGE), a company overseen by their father, Kevin Jonas Sr. The sale includes mastering and publishing rights to multiple albums and singles.

The sale:

• JGE will acquire rights to albums Happiness Begins and The Album, as well as singles “Like It’s Christmas” and “Remember This.”

• The assets will be technically owned by the investment entity Jonas Catalog Holdings 1 (JCH1), which was established by Kevin Jonas, Sr.

• Jonas Group Entertainment Holdings will manage the assets.

• Corrum Capital financed the deal.

• According to a statement, JCH1 has “up to” $300 million in funding.

What they said:

• The Jonas Brothers: “Joining forces with Jonas Group Entertainment feels like coming full circle. We are passionate about songwriting and the creative process, and [Jonas Group Publishing president] Leslie DiPiero has always been a true champion for songwriters and creators.”

• DiPiero: “The foundation for every successful artist is the song, and Nick, Joe, and Kevin are extraordinary songwriters. Their music has touched and inspired a generation of fans and fellow artists. It’s a privilege to welcome this body of work into the JGP family.”