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Pophouse Entertainment Acquires Majority Stake In Avicii’s Catalog

Swedish company Pophouse Entertainment has purchased a majority stake in Avicii’s master recording and publishing rights. The assets of Avicii’s catalog were previously held by his family estate, though they still reportedly own 25% of the overall share. The partnership effectively ensures the iconic dance music producer’s family will continue to have a say in how Avicii’s music is promoted and utilized going forward. Avicii is survived by his parents, Klas Bergling and Anki Lidén. The former said the transaction ensures that the Tim Bergling Foundation remains fully funded for the foreseeable future. “Through this deal, we are also securing the Tim Bergling Foundation’s long-term finances, creating opportunity to act decisively on the foundati...