Music Rights Management Company ole Acquires Rush Catalog
According to a press release from earlier today, the Music Rights Management Company ole has purchased Core Music, the 40-year home of Rush’s music publishing, and will manage the music publishing affairs of the band for the foreseeable future.
From the press release:Says ole Chairman and CEO Robert Ott, “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.”Billboard also posted an article about the deal where long-time Rush manager Ray Danniels was quoted:
Geddy Lee, singer/bassist of Rush, said, “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.”
“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,” said Ray Danniels, President of SRO/Anthem and Rush’s longtime and only Manager.
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 catalogue."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.""Rush’s ongoing career"...like music to my ears :-)
Thanks to Ed from RushIsABand for the news.