Colombian superstar Fonseca has signed a co-managment deal with Magnus Media Entertainment, Billboard has learned.
Magnus Media, founded by Marc Anthony, will co-manage the Latin Grammy-winning and artist alongside Fonseca's longtime collaborator Carlos Saavedra.
"This is a crucial step in my career. I have always admired Marc Anthony and we are very excited to have the opportunity to work with him and his team," Fonseca says in a statement. "Now we are an even bigger family, and together we will build this dream that has already become a reality."
Michel Vega, Magnus Media CEO, adds: "We are thrilled to have such a wonderful talent as Fonseca join our Magnus family, and look forward to working with him to develop the next stages of his career."
The "Vine a buscarte" singer/songwriter joins Magnus Media's roster of musical acts including Gente de Zona and Alejandro Sanz.
Fonseca's most recent album Conexión was nominated for best traditional tropical Latin album at this year's Grammys. He's currently on his Conexión Tour, with upcoming stops including Mexico and Spain.