$500m-backed ole acquires 3,000 songs in Red Vinyl Music buyout

Fast-growing music rights management company ole has acquired the catalogue, trademarks, and songwriter contracts of Nashville-based independent music publisher Red Vinyl Music, LLC.

ole will now control Red Vinyl’s catalogue of nearly 3,000 songs as well as futures for songwriters Chris Janson, Mark Irwin, and Pavel Dovgalyuk.

The reperotire includes the Tim McGraw country hit, “How I’ll Always Be” (pictured), which was co-written by Janson and ole songwriter Jeremy Stover, and the top 25 Chris Janson song, “Holdin’ Her.”

The independent songwriters of Red Vinyl Music have had over 100 commercially released songs, including those recorded by artists Taylor Swift, Lee Brice, Keith Urban, Martina McBride, Faith Hill, Jake Owen, and Craig Morgan, among many others.

Red Vinyl is one of ole’s first acquisitions since the Toronto-born company announced it had raised $500m in September – having already spent $520m on acquisitions.

“The Red Vinyl catalog is an absolute gold mine, featuring an incredible body of work across their legacy and current writers.”

John Ozier, ole

The Red Vinyl catalog also includes the works of Streamsound Records artist/writers Dakota Bradley, Austin Webb, Jaida Dreyer, and Dave & Julia Carlson.

“The Red Vinyl catalog is an absolute gold mine, featuring an incredible body of work across their legacy and current writers. We’re thrilled to represent them, and understand the responsibility of taking care of and adding value to the catalog and those who have helped build it,” said John Ozier, Vice President of Creative at ole.

“Furthermore, partnering with Warner Brothers recording artist Chris Janson is a huge honor, as we have all been fans of Chris from the beginning. The future of the ole Creative team, working with this catalog and current writers like Chris, Mark and Pavel, is a definitely going to be a bright one.”

“I’m so honored to be an official ole writer,” said recording artist Chris Janson. “I love my job, and it fires me up to have a great publishing team that works as hard as I do.”

Red Vinyl Music was established in late 2010 when long-time producer Byron Gallimore partnered with Jim Wilkes and Tim McHugh.

Founded in 2004, with operations in Toronto, Nashville, New York, Los Angeles and London, copyrights under ole’s control include songs recorded by artists such as the Backstreet Boys, Beyoncé, Blake Shelton, Britney Spears, Carrie Underwood, Eric Church, Jay Z, Justin Timberlake, Kelly Clarkson, Madonna, Michael Jackson, One Direction, Rihanna, Rush, Taylor Swift, and Timbaland.Music Business Worldwide

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