Three powerhouse music companies have partnered to create a new music publishing company based in Nashville. Chrysalis Music, Red Light Management and Vector Management have formed Crossfire3 to draw on the experience and business connections of top executives to develop and promote songwriters and artists.

Steve Markland is running the company for the partners. Markland formerly ran the Nashville office for Windswept Holdings, which was sold to Bug Music earlier this year. Industry veteran Mark Brown has come onboard to work on the creative team.

Red Light partners Will Botwin, Coran Capshaw and John Grady will be working with Vector partners Ken Levitan and Jack Rovner as well as Chrysalis worldwide CEO Jeremy Lascelles and U.S. president Kenny MacPherson in the venture.

The publisher will be signing songwriters in all genres of music.

Click here to read the full story, including company's first signings, details on Crossfire3's funding and more.