Koralt Music Publishing joins United Music Publishing in consolidation

The United Music Publishers group has merged with Agape Music Publishing, the publishers of popular jazz publishing Agape Magazine, the owners of jazz and blues publishing Agapes Jazz Music Publishing and the owners and managing director of the music publishing company, in a deal that will save United Music $7.5 million per year, the company said.

United Music Publishing announced the deal Tuesday, saying it will combine Agape, Agape Jazz and Agape America with the United Music publishing and publishing subsidiary, United Music Music Publishing Publishing, to create Agape Publishing.

United Music will remain a separate company.

United’s publishing division had a combined revenue of about $20.9 billion in fiscal 2015, according to United Music’s annual report.

Agape Magazine and Agapes American Jazz and Blues Publishing have long been the most popular jazz and black music magazines in the United States.

The magazines, which each publish weekly, are distributed to more than 200 U.S. music publishers.

United, which is based in Bethesda, Md., and includes publishing houses Universal Music Publishing Group, The Universal Music Group and the National Music Group, was founded in 1966.

United was the No. 2 publisher of jazz music publishing in the country in fiscal 2016, according, and the company is the largest publisher of black music publishing globally.

United also publishes the popular jazz music magazine The Artist, which has more than 1.3 million monthly readers in more than 80 countries.

The agreement is the result of a merger between Agape and Agaping, the publisher of Agape magazine, United said in a statement.

The deal is the first of several that United has struck with the major jazz publishing companies, which collectively publish more than a half-million titles.

The United publishers publish music that spans more than 400 genres.

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