Nirvana's song catalog -- along with those of Lenny Kravitz, Iggy Pop, Devo and Tears For Fears -- has a new home.

The global conglomerate BMG's publishing wing, which also holds the right to Elvis Presley's material, has purchased Virgin Music Publishing Companies, Famous U.K. Music Publishing and certain songs from EMI Music Publishing and Sony/ATV, giving it a 21,000-song library that now includes iconic tracks such as Nirvana's "Smells Like Teen Spirit" and "Come as You Are," Kravitz's "Are You Gonna Go My Way," Devo's "Whip It," Pop's "Lust For Life," Tears For Fears' "Shout" and "Everybody Rules the World," and many more.

BMG will administer the songs, meaning it will collect royalties for the songwriters but also make deals to put the songs into movies and commercials. In a statement, BMG CEO Hartwig Masuch said that, "These catalogues contain some of the most influential and successful songs in popular music. "We are delighted to have won the opportunity to represent the writers of those songs and to demonstrate to them BMG's commitment to twenty-first century service. They have my pledge that we will do our very best to deliver for them."

BMG will not, however, hold publishing rights to "Cut Me Some Slack," the new song recorded by the surviving members of Nirvana with Paul McCartney for drummer Dave Grohl's forthcoming "Sound City" documentary.

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