Publishing
Page: 4
Warner Chappell Music‘s Latin division has signed urbano music producer Jorge Milliano. A trusted collaborator for superstars like Peso Pluma, Myke Towers, Anitta, The Chainsmokers, Maluma, Manuel Turizo, Marshmello and Nicky Jam, Milliano is one of the top producers working in Latin music today.
Concord Music Publishing has announced the signing of poet, singer, songwriter and producer Kara Jackson. Signed in collaboration with Ark Publishing, a joint venture founded by Grammy-winning producer and songwriter, Noah Goldstein, the worldwide publishing deal includes Jackson’s catalog and all future works.
The Circuit Group has partnered with Kobalt globally for publishing administration. The Circuit Group was founded by Dean and Jessica Wilson, Brett Fischer, David Gray and Harvey Tadman with the aim to acquire ownership in artists’ IP portfolios and partner with them to build new monetization opportunities.
Trending on Billboard
U.K. music supervision company 45RPM has launched a new music publishing arm with the support of Universal Music Publishing Group, which will administer the new publishing outfit. Founded in 2022 by top music supervisors Iain Cooke, Sarah Bridge, Catherine Grieves and Nick Angel, 45RPM offers a full service experience for clients, including soundtrack development, composer partnerships, rights negotiation, budget management and on-camera music supervision.
Spirit Music Group has joined a creative joint venture with Grammy-winner Autumn Rowe to form Rowe’s Honest Songs Music & Lyrics. A singer, songwriter and producer, Rowe has worked with Jon Batiste, Dua Lipa, Diana Ross, Pitbull, Zendaya, Ava Max, FKA Twigs and Leona Lewis, as well as released songs in her own right. When she’s not in sessions, Rowe sits on the board of Songwriters of North America (SONA) where she advocates for songwriter’s rights.
Sony Music Publishing Nashville today announced the signing of acclaimed songwriter, producer and multi-instrumentalist Elysse Yulo. News of the deal comes just months after working with Lana Del Rey and Quavo on their song “Tough.” Along with her work with Del Rey and Quavo, Elysse has also worked with Nashville talents like Zach John King, and Maddox Batson.
EJ Pasin has signed a worldwide publishing deal with Position Music. He is perhaps best known for producing the beat and guitar of the viral hit “Embrace It” by Ndorz, but the songwriter/producer has also released his own work via the names EJ Pasin and ptasinski (his side project). He is managed by Ewan Jenkins and Jack Mangan of E2J Management.
Warner Chappell Music (WCM) and Grammy-nominated duo, The Warren Brothers, have jointly signed a publishing deal with emerging country singer-songwriter Preston Cooper. An Ohio native, Cooper is currently one of the special guests on Riley Green’s ‘Damn Country Music’ Tour. He also has new music dropping in early 2025.
Jonathan Tester has launched Groove Bound Songs, a new independent publishing company, created via a joint venture with Bucks Music Group. As part of their agreement, Groove Bound Songs, founded by Bucks longtime Head of Sync, will benefit from Bucks’ leading back end administration, creative A&R, sync services and general expertise under the JV.
Sony Music Publishing Nashville has announced a new partnership with One4 Entertainment’s Brian Wright to sign breakthrough singer-songwriter Sadie Bass to a global publishing deal.
Longtime songwriter advocate John Titta, who served as executive vp/chief creative officer at ASCAP, died Monday (Oct. 21) after a two-year battle with cancer. His age is unknown.
“All of us at ASCAP are heartbroken,” said ASCAP president/chairman and songwriter Paul Williams in a statement. “John Titta was one of a kind, and truly one of the most beloved music industry executives I have known, with deep ties to songwriters across genres and generations. John — you had a song in your heart always, and you will always be in our hearts. I miss you already.”
ASCAP CEO Elizabeth Matthews added, “John Titta’s warmth, his humor, his kindness, his love of family, and his passion for music were infectious. He was a north star for me personally, and for all of us at ASCAP. John was instrumental in the success of so many songwriters throughout his storied career, and he shared his love of music and songwriters so freely that we all felt the joy. All of us in the ASCAP family are devastated by his passing. Titta — we love you.”
Trending on Billboard
The lifelong Staten Island resident started as a musician, songwriter and music teacher before joining Screen Gems/EMI music as a manager, signing such acts as The Smithereens and working with the legendary Carole King and Lou Reed. He then moved to PolyGram Music Publishing, where, as vp of A&R, he signed Bon Jovi, Richie Sambora, Pearl Jam, Brian McKnight, k.d. lang, Billy Ray Cyrus and songwriter Jimmy Webb, among others. Before joining ASCAP in 2013, where he led the membership team, he also had stints at Warner Chappell Music as senior vp/GM, where he worked with Missy Elliott, Shaggy, Bruce Hornsby, Kid Rock and many others, as well as running his own independent music publishing company and label, MPCA Music Publishing and Recordings.
He kept his creative side alive by playing on albums by Ringo Starr, Michael McDonald, Sambora and others, as well as producing and A&R’ing albums by Dionne Warwick, Todd Rundgren, Donny & Marie Osmond and others.
Tributes to Titta came pouring in on social media from top songwriters. “There’s a giant hole in the hearts of all of us who loved John Titta today. Such a huge loss,” wrote Diane Warren on Facebook. “John loved songwriters. And we loved him. Rest in Power my dear friend. There’s some pretty great songwriters up there waiting to give you a big hug.”
Sam Hollander also expressed his appreciation, writing on Facebook, “John was one of the genuinely good guys in this layered industry—a real advocate for songwriters & artists back when music was more than just algorithms. If he believed in you, he fought for you, no matter your place in the proverbial pecking order. I was blessed to have him in my corner & share decades of incredible hangs—he was just a sweet, funny, generous soul who made you feel heard.”
Titta was also a Songwriters Hall of Fame board member. “The quintessential New York Italian, John loved his family, friends — especially those who became family, music, songwriters, artists, creative talent, The Godfather films, Staten Island and life itself. He was extremely proud of being a SHOF Board member, thought of it as ‘the feather in his cap’ and was one of our most active and dedicated board members,” says Linda Moran, president/CEO of the Songwriters Hall of Fame, via email. “Even when going through personal hardships and heartaches, he always had a smile on his face and a kind word to say, so that you would never know what he was experiencing.”
Fellow board member and Universal Music Publishing Group North America president Evan Lamberg tells Billboard, “John’s love of people, artists and songwriters is unmatched. The way he cared for his friends, of which he had many, was all heart. He made a big positive difference in so many lives and we will all miss him dearly.”
Titta seemed impossibly connected to a wide swath of the entertainment community. When a luminary would die, most recently songwriters JD Souther and Kris Kristofferson and comedian Bob Newhart, he would endearingly post a photo of himself with the deceased and share a warm, personal memory on social media.
Survivors include his wife Lana, sons Alex and Julian, daughter Martine, grandson Mason, and his brother Michael. The family is planning a private service to be followed by a memorial at a later date. In lieu of flowers, donations can be made to the John and Rose Titta Fund, set up by Titta in memory of his parents to help children on the autism spectrum through music programs. Donations can be made through the ASCAP Foundation.
Indie music giant Concord said on Friday it has acquired parts of the music publishing and recorded music catalog of reggaetón superstar Daddy Yankee.
The deal encompasses certain rights to Daddy Yankee songs including “Con Calma,” his rights as a featured artist on “Despacito” and “Gasolina,” whose “unforgettable hook” and “revolutionary” beat landed it in Billboard’s Top 50 Latin songs of all time. The deal also includes certain name, image and likeness rights, according to a press release from Concord.
Concord declined to comment on price. However, earlier this month in a KBRA report about Concord’s asset backed security, the bond rating agency wrote that Concord acquired the catalog of “a highly successful Latin Music artist and songwriter” in 2024 and that those works were valued at $217.3 million.
Trending on Billboard
How much does Daddy Yankee stand to benefit from the deal? The Latin hitmaker, whose Barrio Fino was the first reggaetón album to debut at No. 1 on Billboard’s Top Latin Albums chart in 2004, sold this portion of his catalog several years ago to a fund that asked not to be named. That fund sold the assets to Concord, so the artist will not get a cut of this sale of his works.
But Billboard reported in July that Daddy Yankee still owns part of his publishing catalog, which is administered worldwide by Sony Music Publishing and partly by Spirit Music in the United States. From 2021 to 2023, Daddy Yankee’s works averaged 375,333 album consumption units, with 346,000 album consumption units so far this year, according to Luminate.
CRAZY FOR CATALOGS
Catalogs are an important revenue driver for Concord, and the company’s CEO Bob Valentine said this week that through various marketing, distribution, film and commercial licensing agreements, the company regularly generates 5-15% more revenue from the assets it acquires than the prior owner.
“We can then create value for the artist, for our shareholders, for our debt holders, for our pension holders—all the people who are somehow invested in that effort,” Valentine said, speaking at the Mondo.NYC conference in Brooklyn. “The two things we talk about [with artists] is how are we going to protect your legacy and how are we going to make it live.”
Concord’s ownership — the Michigan State Retirement Systems own 93% — and how it has recently financed acquisitions, through asset backed securities, make it a uniquely long-term focused catalog acquirer that aims to hold these assets for 30-40 years.
The company also employs around 750 people worldwide, and it operates a label, music publishing division and one of the most significant theatrical companies with the catalogs of Rodgers & Hammerstein Theatricals, The Andrew Lloyd Webber Collection, and more.
However in some circles, Concord is better known for the 1.3 million songs it has acquired, including some of its biggest money-making assets like John Fogerty’s Credence Clearwater Revival publishing catalog and Phil Collins’ rights to Genesis songs.
Speaking at the Mondo.NYC conference, Concord described these works “as music and genres that fit so perfectly with an era that to own them … means you own that segment of someone’s nostalgia.” Anyone who ever makes a movie about the Vietnam War will likely call Concord to license CCR’s songs, Valentine says.
But Concord also owns the Latin label Fania Records and Mexican record label Musart Records, and several of the Latin artists it represents through its publishing division were nominated for Latin Grammy’s this year: Daymé Arocena’s nomination for Song of the Year for “A Fuego Lento,” writers Julian Bernal and Sammy Soso’s nomination for Best Pop Vocal Album for Orquídeas performed by Kali Uchis, and Camilo Lara’s nomination for Best Cumbia/Vallenato Album for Se Agradece performed by Los Ángeles Azules.
CALL HIM DADDY
Daddy Yankee’s catalog will be managed out of Concord’s recently expanded Miami office, the company said.
“Since he burst onto the scene, Daddy Yankee has been at the forefront of not only reggaeton, but pop music generally,” Valentine said in a statement. “We were incredibly excited by this opportunity to work alongside Daddy Yankee to continue building on his remarkable legacy and significance. His real and lasting cultural impact is clear, and Concord is thrilled to be a part of his story.”
Concord financed the acquisition of Daddy Yankee’s works by issuing a third round of asset backed security notes that were priced this week that bring its total ABS to $2.6 billion. Daddy Yankee’s catalog will be contributed to the ABS’s collateral pool, according to the KBRA report. Concord has used previous ABS notes to acquire Round Hill Music Royalty Fund in 2023 and Mojo Music and Media in 2022.
This type of financing makes sense for Concord because of its scale — which exceeds most banks’ normal financing abilities — and because it affords them a fixed, low interest rate.
“The benefit of an ABS market is we take out a loan and the interest rate is fixed for 5 years,” Valentine said. “It doesn’t change. Suddenly you’re financing with these fixed rates of return that are lower because of our scale and that changes the dynamic of the valuation pretty dramatically.”
This is part of a new column Billboard is launching in which we will unpack one financial issue a week for an artist in the news. Thanks for reading, and if you have suggestions or tips, email me at ediltsmarshall@billboard.com.
Warner Chappell Music and Giant Music Publishing have signed Jiggi to a joint publishing deal. He is best known as co-writer on Cash Cobain, Bay Swag and Ice Spice‘s “Fisherrr,” which has already generated 418,000 song consumption equivalents since its April release, as well as B Lovee and Cash Cobain’s “All Alone.” Giant Music had […]
A big year for k.d. lang is getting even bigger.
After celebrating her legacy with an induction into the Canadian Country Music Hall of Fame and a reunion with her original band The Reclines for the first time in decades, the celebrated Canadian singer has inked a new publishing deal with Reservoir Media. The deal includes her future works and partial catalogue.
“It is an absolute thrill to partner with Reservoir!” says lang in a statement. “Golnar [Khosrowshahi] is a force of nature and understands me as an artist. I am deeply inspired and have utmost confidence in this creative partnership.”
Golnar Khosrowshahi, the founder and CEO of Reservoir (and one of the leaders on Billboard Canada‘s 2024 Power Players list), is Canadian herself and understands the iconic status k.d. lang holds in the country and beyond.
Trending on Billboard
“As a Canadian, I am particularly proud to be working with k.d. and her manager, Steve Jensen, and I’d also like to thank Bruce Roberts, our very first Reservoir songwriter, who introduced us to k.d,” she says.
Golnar Khosrowshahi, k.d lang & Rell Lafargue
Reservoir
Already revered as a queer pioneer within country music and a collaborator to musical legends including Tony Bennett, Roy Orbison, Elton John, Bonnie Raitt and Loretta Lynn, lang has been embraced by a new generation in recent years.
She’s charted on the Billboard Hot 100 twice, with her yearning 1992 hit “Constant Craving” and a showstopping 2010 Vancouver live version of fellow Canadian Leonard Cohen‘s “Hallelujah.” Originating in the early ’80s in Alberta as part of the burgeoning “cowpunk” scene, lang has never stopped evolving, even appearing on the Billboard Dance/Electronic Albums Chart in 2021. And she’s won many accolades, including the Order of Canada, four Grammys, four awards from GLAAD and much more.
Reservoir Media is used to working with legends and amplifying their catalogues for modern audiences. Last year, the company was responsible for bringing seminal hip-hop group De La Soul’s much-missed catalogue back to streaming and back onto the charts. Reservoir also signed a publishing deal with Joni Mitchell in 2021, right before her moving comeback.
But while lang’s deal with Reservoir includes some of her past work, it’s also about the future – which shows a trust in her continued success beyond her achievements.
“It never gets old when a legendary artist like k.d. lang decides to call Reservoir her home. Her incomparable voice and music are a gift to the world,” says Khosrowshahi. “We look forward to helping her share those gifts with new audiences and supporting her as she steps into the next chapter of her career.”
This article was originally published by Billboard Canada.
Sony Music Publishing Latin has signed Fuerza Regida frontman Jesús “JOP” Ortiz Paz and his label Street Mob Records. A leading indie label that puts out records in the Música Mexicana genre and beyond, Street Mob boasts a roster of more than 25 songwriters, producers and artists, including Chinco Pacas, Calle 24, Clave Especial and Miguel Armenta.
As one of the leading Música Mexicana groups, Fuerza Regida has helped introduce the genre to new fans around the world. The Mexican-American band’s ascent up the Billboard charts began in 2018, when Radicamos in South Central debuted at No. 35 on Regional Mexican Airplay. Since then, the band has produced a slew of hits, including “TQM,” “Bebe Dame” with Grupo Frontera, “Sabor Fresa,” “Harley Quinn” with Marshmello and many more. The group’s 2023 album Pa Las Baby’s Belikeada peaked at No. 1 on the Top Latin Albums chart and at No. 14 on the Billboard 200.
This week, JOP will join Billboard’s Leila Cobo in Miami at Billboard’s Latin Music Week as part of the Sony Music Publishing Icon Q+A.
Trending on Billboard
Recently, Fuerza Regida earned eight nominations at the 2024 Billboard Latin Music Awards, including artist of the year and album of the year, while JOP received nominations for songwriter of the year and producer of the year, along with recognition on Billboard’s 2024 Latin Power Player list.
“Partnering with Sony Music Publishing marks an exciting chapter for Street Mob Records,” said JOP in a statement. “This deal shows our commitment to exploring songwriting within Música Mexicana and beyond various genres. It’s a true reflection of the talent at Street Mob and what we’re creating together. With Sony Publishing, we’re building a partnership that aims to inspire the next generation of artists and leave a lasting impact.”
Sony Music Publishing president/CEO, Latin America and U.S. Latin Jorge Mejia said of the deal: “We couldn’t be happier to team up with an artist and executive like JOP and Street Mob Records, in order to help support and develop a fantastic stable of writers within Música Mexicana and beyond. This partnership with Street Mob is visionary and an incredible opportunity for the Sony Music Publishing family.”
Sony Music Publishing Latin director of creative Monica Jordan added: “We are thrilled to embark on this journey with JOP and Street Mob Records. We look forward to working with JOP and the Street Mob roster as they continue to innovate and push the boundaries of Música Mexicana even further.”
David Gray has been appointed U.K. managing director of Universal Music Publishing Group, succeeding Mike McCormack, who is stepping down from the role after almost nine years in charge to launch a new consultancy and joint venture with UMPG. In addition to taking the reins at the company’s U.K. arm, Gray will also take up the newly created post of head of global A&R at UMPG.
Gray’s promotion was announced Tuesday (Oct. 15) by UMPG chairman and CEO Jody Gerson, who called him “one of the best creative A&R executives I have ever known.”
Gray was most recently UMPG’s executive vice president and co-head of U.S. A&R, as well as head of the company’s Global Creative Group – a division which he and Gerson formed in 2022 to amplify opportunities for songwriters, producers, artists and executives on a worldwide scale.
Trending on Billboard
Successful projects that have spun out of the Global Creative Group include Colombian artist Feid and American hip-hop producer ATL Jacob‘s “Luna,” which topped the charts in multiple countries and Brazilian artist Luísa Sonza‘s album Escandalo Intimo, which became the third biggest debut of a female Latin album in the history of Spotify following its release last year.
Artists Gray has signed to UMPG include Sabrina Carpenter, Stephen Sanchez, Julia Michaels, Shawn Mendes, Nick Jonas, Joe Jonas and Demi Lovato.
In his new expanded role, Gray will be responsible for leading the management and creative direction of UMPG’s London office, overseeing the signing and development of songwriters, artists and producers, as well as supporting the company’s current roster. Gray will relocate to London from New York in January, said Universal Music Publishing Group.
Announcing the appointment, Gerson praised Gray’s “talent for identifying and building careers for songwriters, artists and producers,” as well as his “leadership and mentorship of the next generation of publishers.”
“I want to thank Jody for her constant belief in me and for shaping a company built upon A&R, creativity, and a belief in songwriters and artists that is at the heart of our ethos,” said Gray, who joined the company in 2013 having previously held A&R posts at Zomba, Sony Music International and Simon Cowell‘s Syco Music, where he developed artists signed to the label via TV shows X Factor and the Got Talent franchise.
Prior to becoming a music executive, Gray was signed to UMPG as lead singer of the band Idle Wilds.
Gerson also thanked McCormack for “his many contributions” to UMPG over his almost nine years as managing director of the U.K. division. “I value him greatly as a friend and colleague,” said Gerson in a statement. “I am delighted he will continue to be part of the UMPG family.”
In a memo sent to staff, which has been viewed by Billboard, McCormack said he would be stepping down from his role on Nov. 4 but would remain a partner of UMPG for the next few years via a new joint venture that is being set up. McCormack, who first joined UMPG’s U.K. business in 1999, said he would also continue to help manage some of the long-term relationships he has built over the years with the firm’s writers and catalogues.
“It’s been a real honour to lead the U.K. company for the past nine years,” said McCormack, paying tribute to what he described as an “exceptionally talented and wonderful” team of colleagues. “I’m very proud of our accomplishments, and the many awards we have won together, but my real fulfillment during the past 25 years at UMPG (as Deputy MD then MD) has come from working closely with artists, songwriters and producers when incredible music is being created,” he said.
Sony Music Publishing U.K. has signed folk singer-songwriter Myles Smith to an exclusive publishing deal on the heels of his breakthrough hit “Stargazing.” Even before “Stargazing” shot Smith to stardom, he was quickly amassing a fan base with other streaming successes like “Solo” and “My Home.” Iconoclast has acquired the publishing catalog, sound records and […]
As the music industry boomed in the 1980s and 1990s, the place to be for global business was MIDEM, the annual conference in Cannes. Over the past three years, though, an increasing amount of those deals have been made at the IMPF (Independent Music Publishers Forum) Global Music Summit in the fall in Palma de Mallorca, in Spain. I went for the first time this year, from Oct. 1 to 4, and it’s one of the best music business conferences I’ve ever attended. (I should point out that I got a press pass, but Billboard paid for my travel.) Now in its third year, the event drew 500 attendees, up from 320 last year. It’s the perfect size — small enough to see people you know, but big enough to meet people you should.
The vibe is very different. MIDEM was like the throne room of the Imperial Music Business, where dealmakers held court at high-end hotels and the hamburgers cost 35 Euros. But most labels now control recording rights in most of the world, so the focus of dealmaking has shifted to publishing. The Global Music Summit is more relaxed. It takes place at two hotels in the Mallorca marina that are nice but not over the top, and you could walk around and see everyone easily. By day, you could take meetings on one of the hotel terraces or walk to the marina. At night, you could have cocktails at the Budde Music-sponsored Budde Bar.
Trending on Billboard
The IMPF itself only goes back to 2014, when a dozen or so independent publishers got together to form a trade association that would focus on their needs. The International Confederation of Music Publishers, which includes both majors and indies, has many of the same members and focuses on some of the same issues and the two organizations worth together frequently. Both are international but wield more power in Europe, where countries tend to have stronger copyright laws, and where the publishing business generates more revenue.
Much of the action took place in private meetings, but the panels were also smart — shortish and relevant, and held one at a time. The keynotes were also worthwhile. The first was from Reservoir Media founder and CEO Golnar Khosrowshahi, who spoke about how technology has helped music publishing expand. Reservoir’s first big investment was in Music Maestro, she recalled, and data tools helped the company grow. She predicted that artificial intelligence would create opportunities and efficiencies as well as challenges, a welcome message at a time when it seems like the wild elephant in the room.
The next day’s keynote came from BMI President and CEO Mike O’Neill, who gave an audience used to dealing with traditional, nonprofit collective management organizations a look at the alternative his company represents now that it’s owned by private equity investors. He pointed out that this might not be so different from the status quo, since SESAC has a similar ownership structure and GMR is said to have an “understanding” to sell some of the company to a private equity firm. “Why is that?” O’Neill asked. “I can only speak for BMI, and for us, it means a level of investment that we simply could not have achieved before.”
O’Neill also discussed BMI’s plan to distribute 85% of licensing revenue and retain 15% for overhead and investment and said that the company is on track to do so. “While we have not finished our audit for the last fiscal year, I’m extremely pleased with our results and how we’re tracking towards our goals,” he said. “We’ve had a series of record-breaking distributions this year and our final distribution growth will reflect that.”
NMPA (National Music Publishers’ Association) President and CEO David Israelite closed the event with a keynote about how the publishing business is both growing and at the same time closing the gap with revenue from recorded music, plus touched on “Spotify’s war against songwriters,” the MLC database, and how transparent collective management organizations should be. Israelite ended his speech — and, really, the entire conference, with advice for the publishing business. When Israelite started at the NMPA two decades ago, “we had a cultural problem” — the major publishers and the indies often pushed different agendas, which also differed from those of songwriters. One of Israelite’s key successes was to convince these groups to work out their disagreements in private and unite behind one agenda in public. In Europe, where collecting societies and songwriters groups have more power than they do in the U.S., this could be difficult. But it could also help the entire business get the influence it needs to make sure it can benefit from AI.
It’s never easy to get the various parts of the music business to unite behind anything, of course. But events like the IMPF summit, held in a cool place at a scale that makes sense, make it a lot easier.
Insomniac Music Group is expanding with the launch of a new publishing vertical, Insomniac Publishing. The current Insomniac Publishing roster includes 2Night Management (which represents the artists Matroda, San Pacho and Bruno Furlan), Aryay, Avi Snow, Benni Ola, Jasper, Joris Mur, Mattilo, Nuala, Omer Horovitz and Rami Jrade. Members of this group have writing credits […]