Canada is getting a new publishing company: Bankable Star Music has been formed as JV between rights management firm ole and Invictus Entertainment Group/Big Star Recordings.
Bankable Star will focus on global rights collection and providing opportunities for sync and artist cut placements to its roster of singer/songwriters.
“With our growing presence in the TV and film world along with our stable of world class music talent, it just makes sense to us to be in the elite content business. ole is quickly becoming the most formidable force in the music rights management world, and is on a commendable growth trajectory,” said Invictus Entertainment Group/Big Star Recordings president Jim Cressman (pictured, right).
“They have values that align well with our culture at Invictus Entertainment Group. Bankable Star Music Publishing will be where elite content and commerce converge and we could not be more proud of this new venture.”
Added Robert Ott, ole Chairman & CEO (pictured, left): “We look forward to a successful venture with the Invictus team who have shown themselves to be an exciting, entrepreneurial force to be reckoned with. The scope of activities Invictus is active in is a natural fit for ole’s range of services and we look forward to supporting and adding to their success.”
Erin Aldridge has been named the Vice President of Bankable Star Music Publishing.
Invictus Entertainment Group offers artists entertainment procurement services, event programming, promoting, talent buying and artist representation.
Started by Alberta native Jim Cressman, who was a driving force within The Key Agency Group and then at the Cressman Sakamoto Agency, Invictus has built up a roster of leading Canadian country acts as well as a portfolio of secondary and tertiary market venue partners. Cressman has won awards for Booking Agency of the Year and Talent Buyer/Promoter of the Year at this year’s Canadian Country Music Association Awards.
Rights management company ole has raised investments of over $320M in music intellectual property (IP) since launching in 2004. It now has operations in Toronto, Nashville, New York and Los Angeles, with a catalogue that includes over 45,000 songs and 60,000 hours of TV and film music.
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, Steven Tyler, Taylor Swift, and Timbaland.
ole also controls substantial A/V music and secondary rights including catalogs from Sony Pictures Entertainment, DHX, MGM, Miramax, Nelvana and Nu Image/Millennium. MusicBox, the Production Music division of ole, owns over 150,000 tracks in its library.
Current ole writers include Timbaland, Steven Tyler, Tyler Farr, Josh Dorr, Gord Bamford, Brett Jones, Dave Turnbull and Marty Dodson.Music Business Worldwide
