Canadian Music Publisher ole Acquires Parallel Music Publishing Catalog
Canadian independent music publisher ole has finalized an exclusive worldwide deal with Nashville's Parallel Music Publishing for its entire catalog of more than 6,500 songs. That list includes such No. 1s singles as The Band Perry's "Better Dig Two," Kelsea Ballerini's "Love Me Like You Mean It," Justin Moore's "Till My Last Day" and Michael Ray's "Kiss You In the Morning", as well as Miranda Lambert's No. 2 country radio smash "Mama's Broken Heart."
With the deal, ole adds six new active songwriters to its roster and Parallel co-founder and managing partner Tim Hunze will join the company as senior director of creative. He will remain in Nashville, working out of ole's office.
"This acquisition checks so many boxes for us," ole vice-president of creative John Ozier said in a statement. "Parallel has a great roster of writers and artists; the staff is incredibly well-respected and knowledgeable, and the momentum built by Tim Hunze and his team continues to grow. We're proud to have them as part of the ole family now."
Added Hunze: "I am so fired up to join John and his team. I think joining forces will create some amazing momentum for all our writers and artists."
ole was founded in 2004 and is headquartered in Toronto with offices in Nashville, New York, London and Los Angeles. Its music publishing division consists of more than 55,000 songs by over 400 songwriters, as well as 60,000 hours of film and television music. ple also has a label group, production music libraries and an audio-visual secondary rights (AVSR) management company.
Parallel was founded in 1992 as a personal management company to launch the Blue Collar Comedy Tour, featuring Jeff Foxworthy and some comedy friends.