Home Music Publishing ole Adds $135-Million for Acquisitions

ole Adds $135-Million for Acquisitions

Timbaland-feat-Ne-Yo-Hands-In-The-AirOle, one of the world’s foremost rights management companies, has concluded a syndicated financing with 7 U.S. banks to add $135-million in debt capital to ole’s capital structure. In its 9th year of operation, ole has made $275-million of equity investments across various classes of intellectual property assets.

The Joint-Lead Arrangers of the facility were Atlanta-based, SunTrust Robinson Humphrey, Inc. and New York-based, J.P. Morgan Securities LLC. SunTrust Bank served as Administrative Agent for the facility, with JPMorgan Chase Bank, N.A. acting as Syndication Agent and CIT Finance LLC and Fifth Third Bank as Co-Documentation Agents. Also participating in the facility are Avenue Bank, City National Bank, and OneWest Bank.

The company, which has operations in Toronto, Nashville, New York and Los Angeles, says it will continue to source, acquire, and cultivate high quality intellectual property assets that align with its growth strategy as an upper-mid tier rights management company. Recent purchases include TV/Film IP assets from Sony Pictures Entertainment, Miramax Films, and Cineflix Media, as well as traditional music IP assets from artists/songwriters such as Timbaland and Tyler Farr, among others.

Subscribe to our daily email blasts HERE



Download this episode (right click and save)
mm
Hassahn is no stranger to the power of words. Just as Lebron took his talents to South Beach, the Chicago native has taken his talents to Hollywood and beyond. His ability to manipulate the English language has led to a career using his gift. He currently writes songs for TV/Film; he has co-written a book alongside Dr. Kerby T Alvy Ph.D; Hassahn produced and wrote DEMOs documentary film, and of course he scribes for Radio Facts on the daily.

Leave a Reply