Represents largest credit facility in the independent music publishing industry in recent years.
ole, the world’s fastest growing independent music publishing and rights management company, announced today it has secured a $500 million USD credit facility from 12 U.S. and Canadian banks led by Los Angeles-based City National Bank. ole will use the facility to fund future acquisitions.
“A Little More Summertime” performed by Country Superstar Jason Aldean and co-written by hit ole songwriter Tony Martin, marks ole’s fourth number one song of 2016. “Summertime” joins ole’s previous chart toppers, “We Went” performed by Randy Houser and co-penned by ole writer Matt Rogers, “Peter Pan” performed by Kelsea Ballerini and co-penned by olelegacy songwriter Jesse Lee, and “I Know Somebody” performed by LOCASH and co-penned by ole writer/producer Jeremy Stover to earn an ole“Grand Slam.”
ole the world’s fastest-growing independent publishing and rights management company, announced today it has acquired rights management company Compact Media in a major deal that furthers ole’s commitment to delivering leading-edge IP rights management services across the globe.
ole Signs Exclusive Deal with Singer/Songwriter Jacob Powell
The deal grants ole exclusive publishing rights, including exclusive administration of Powell’s YouTube channel, and the exclusive option to fund future master recordings with the objective to upstream him to a major record label. As a part of this deal, Powell delivers a schedule A of 45 songs, many of which were co-written with ole songwriters such as Jeremy Stover, April Geesbreght, Phil O’Donnell and Adam Hambrick.
At ole, successful synch licensing doesn’t just rely on emails and phone calls. Connecting in person is equally important to the Synchronization & Licensing department, with festivals and expos key for building relationships with music supervisors, artists and songwriters, as well as staying on top of the latest industry intelligence.