Earlier this year Universal also acquired Sting's publishing catalog.
Universal's publishing arm will represent Elvis Presley's song list, according to the terms of a new deal announced Tuesday by the company and Authentic Brands Group, an intellectual property management organization.
The companies did not provide financial terms of the deal, which is based on a pre-existing relationship between them.
The deal comes months ahead of the June release of "Elvis," the Baz Luhrmann biopic starring Austin Butler and Tom Hanks.
Presley, who died in 1977 at age 42, is among music's best-selling artists with more than 500 million records sold, including hits including "Can't Help Falling in Love" and "Viva Las Vegas". Huh.
APG's portfolio also includes stars like Marilyn Monroe and Muhammad Ali.
The settlement is the latest development in the music rights rush that has seen companies pay huge sums of money for catalogs of superstars including Bob Dylan and Bruce Springsteen.
Earlier this year Universal also acquired Sting's publishing catalog.