Rush Catalog Acquired by Indie Music Publisher ole
The band's Core Music will be managed by the Canadian company "for the foreseeable future."
Canadian music publisher ole has acquired Core Music, the 40-year home of Rush’s catalog, and will manage the music publishing affairs of the band for the foreseeable future.
The publisher’s chairman/CEO Robert Ott said: “ole is very honored to have been chosen by Rush to manage their incredible living legacy and to be a partner in their ongoing creative journey in music publishing. ole looks forward to working hard to ensure that Rush’s music continues to find new and wider audiences.”
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Singer/bassist Geddy Lee added, “We are pleased with the news of Core Music's deal with ole and happy that our publishing will be handled by a Canadian company with worldwide expertise.”
SRO/Anthem president and the band’s longtime (and only) manager Ray Danniels commented: “With the changing times in the music business, the responsibilities of a publisher have become much more complex. This deal will allow me to devote my time and energy to managing the live touring and recording aspects of Rush’s ongoing career.”
As part of the ole-Core deal, Pegi Cecconi, who has overseen the administration of Core Music since inception, will continue to work full-time at the management and label home of Rush, SRO/Anthem, but will also take on a consulting role with ole in regards to the vast Rush catalog.
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The terms of the deal were not disclosed.
Founded in 2004, ole has operations in Toronto, Nashville, New York and Los Angeles. The “majorly indie” company boasts a team of 60 focused on acquisitions, creative development and worldwide administration.
ole has concluded over $300 million in acquisitions and controls a catalog of over 45,000 songs and 60,000 hours of TV/film music across all genres, including the Timbaland catalog. ole film and TV catalogs include Sony Pictures Entertainment (1993-2012), WGBH, Miramax and recently, Nu Image/Millennium Films.