If \fA is a unital weak-∗ closed algebra of multiplication operators on a
reproducing kernel Hilbert space which has the property \bA_1(1), then the
cyclic invariant subspaces index a Nevanlinna-Pick family of kernels. This
yields an NP interpolation theorem for a wide class of algebras. In particular,
it applies to many function spaces over the unit disk including Bergman space.
We also show that the multiplier algebra of a complete NP space has \bA_1(1),
and thus this result applies to all of its subalgebras. A matrix version of
this result is also established. It applies, in particular, to all unital
weak-∗ closed subalgebras of H∞ acting on Hardy space or on Bergman
space.Comment: 26 pages; minor revisions; to appear in Integral Equations and
Operator Theor