BILLBOARD: 1/14/2020 by Jessica Roiz: Grammy-winning Latin producer Rudy Pérez has signed a joint venture with Spirit Music Group, one of the world’s leading global independent music publishing companies, Billboard reveals exclusively today (Jan. 14).
The new relationship, which will be based out of Miami, is for songwriters and artists that Pérez will sign to his JV with Spirit Music Group. Billboard confirms that the deal does not include Rudy’s catalog or future works.
“Rudy is one of a kind—when you think of Latin music there is nobody more qualified,” said Jon Singer, chairman, Spirit Music Group, in an official statement. “Rudy’s track record speaks for itself and the Spirit team is fortunate to have a partner in Rudy to take our Latin division to another level and have an immediate impact. We’re very excited about what we can accomplish working with Rudy and Betsy Pérez. Spirit Miami is open for business.”
Pérez, who’s written or produced tracks for artists such as Beyoncé, Julio Iglesias, Christina Aguilera, Luis Miguel, Juan Luis Guerra and many more, added: “Partnering with Spirit is a great step for me. My goal has always been to bring music to people, and supporting and empowering writers as their publisher is an exciting new way for me to do that. Jon and I both share a passion and commitment to Latin music, so I couldn’t ask for a better team to work with.”
In addition to being a Latin hitmaker, the Cuban-born music executive is a founder of the Latin Grammys (LARAS) and co-founder of La Musa (the Latin Songwriters Hall of Fame). In 2010, he was named Billboard’s Producer of the Decade for having the most top 10 hits on the chart between 2000 and 2010.
“A major part of all the success that Rudy has had throughout his career has been working with people who have the same vision and work ethic that he does,” said Mike Atkins, Pérez’s manager. “Jon and the Spirit team are ideal partners for a joint venture and we look forward to doing good work together.”
Spirit Music Group executives Jon Singer and Ross Cameron formed Lyric Capital Group in January 2019 to take ownership of Spirit Music Group and secure a recapitalization of over $350 million. The capital raise allows Spirit to continue to build upon its already legacy and community of renowned artists and songwriters. Now, wholly-owned by the newly-formed Lyric Capital Group, Spirit Music Group remains a strong, independent publisher.