The deal struck by the full-service independent music publisher, which has offices in New York and Los Angeles, also takes in name, image, likeness and life rights for Holiday who passed away in 1959 aged 44.

Bicycle's co-president Steven Salm said: "Billie Holiday is a one-of-kind and Bicycle is committed to bringing the appropriate opportunities to her collective body of work around the world."

Holiday stands as one of the giants of jazz both as a recording artist and songwriter ...