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Copyrights that belong to film and television composers are big business.
Just this week, the British-born cutting-edge media music (CEMM) get $100 million Participated in financing for a group of banks led by Pinnacle Financial Partners to boost their cash reserves to invest in music for film, television, video games and more.
The new $100 million round comes a year after the company invested $125 million, proposed in the first round, Obtained film and television music copyright.
Today (February 16), another company operating in the field, multimedia music, announced the completion of an eight-figure deal to acquire music publishing and music rights to the entire film’s music library. STX Entertainment.
Transactions include music for movie titles, such as bad mom, Gentlemen, den of thieves, Greenland and foreigners and music by composers including Hans Zimmer, Cliff Martinez, Marcelo Zarvos, Hauschke, Chris Lennertz, Andrew Lockington, Clinton Shorter and Nicholas Britell.
The deal does not include rights to any of STX’s current or future films.
Led by industry veterans Phil Hope and James Gibb, multimedia music Acquire and manage rights and revenue streams from music in film and television productions.
company Launch early 2022 Metropolitan Partners Group, Pinnacle Bank and Regions Bank provided initial funding of $100 million to acquire film and television music rights catalogs from production companies, composers and other rights holders.
Since launching 14 months ago, Multimedia Music says it has deployed more than $120 million in acquisition funding.
Some of these acquisitions include:
- Catalog of film composer James Newton Howard (including film and television scores Hungry Games trilogy, dark Knight, poisonous, Snow White and the Huntsman, King Kong, I am a legend, runaway bride, Emily in Paris, pretty Woman, ETC. )
- Mastering and publishing rights for 48 film soundtrack catalogs from Atlantic Screen Music in a “seven-figure” deal that includes rights to film scores such as 2 guns, lone survivor, Owner, dred, escape planand ruined city, Grossed hundreds of millions of dollars at the worldwide box office.
Multimedia Music has also acquired music rights and revenue streams from some composers taylor bates, david buckley and Michael Cochran.
Among these works by Tyler Bates are guardians of the galaxy and john wick franchise, deadpool 2, dumped my spy,, Fast and Furious Presents: Hobbs & Shaw, and TV shows including california and Punisher.
The purchased David Buckley catalog covers all of his past work, including nobody, Greenland, Papillon, Jason Bourne, good man, town, parker, forbidden city and tv hits good wife and mother and lincoln lawyerand many other titles.
Michael Corcoran is a distinguished composer of music for teen and children’s programming, and the deal with MMM covers productions featuring his music, including iCarly, victorious, Henry Danger and Liv and Maddie, MultiMedia Music calls it “all the programming that’s going on around the world.”
“We are excited to acquire this library of music composed by some of the industry’s leading composers.”
James Gibb, Multimedia Music
James Gibb, Multimedia Music Partner, said: “We are delighted to acquire this library of music by some of the industry’s leading composers.
“STX has produced and distributed high quality commercial feature films on numerous occasions over the past 10 years. Thanks to Jason Markey and the STX team who helped close this deal in a very short amount of time.”
Noah Fogelson, CEO of STX Entertainment, added: “The team at Multimedia Music have acquired publishing rights to some of the industry’s leading artists and composers and we know this library will add to their growing and impressive portfolio of publishing rights and The combination adds more value”
Global Music Business
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