MCA Music Publishing has inked a worldwide, exclusive administration deal for the catalog of the late Henry Mancini.
The deal, which includes such perennial as the Pink Panther and Peter Gunn themes, as well as such songs as “Two For the Road,” had been expected (Daily Variety, May 12) and will keep the gem-filled repertoire in the MCA family for several more five years.
Annual revenues for the composer’s catalog top $1.3 million, according to sources, making it one of the industry’s more successful — and sought after by music publishers.
“We are honored to have the privilege of working with a catalog (this) prestigious,” said David Renzer, prexy of MCA Music Publishing. Renzer and his staff will work closely with Mancini’s widow, Ginny, and other family members on the effective exploitation of the catalog’s copyrights.
The contingent of tracks, which include his collaborations with Johnny Mercer, is among a handful of catalogs of its kind still owned by its principals.
The catalog was administered by All Nations Music for 16 years, during which time All Nations chief Billy Meshel orchestrated the growth of the catalog from six-figure revenues to grossing over $1 million annually, according to sources.
Last year MCA Music Publishing acquired All Nations, and the deal shifted to under MCA’s aegis. Mancini frequently vowed never to sell the catalog, calling it an annuity and legacy for Ginny and their family.
Over the years, the songs earned revenues through the exhibition of the films in which they originally appeared, by being part of compilation recordings and by being used in new films and TV shows.
Mancini was among a handful of successful composers, such as Lalo Shifrin and David Rose, who kept the publishing rights to their songs and orchestrated the exploitation of the tunes.
Other tracks include the “Victor/Victoria” theme and “Charade.” Mancini nabbed 20 Grammy Awards from his 72 nominations and was awarded four Oscars. He died in 1994.