CTM Outlander Acquires One77 Music’s 2,000-Song Publishing Catalog
CTM Outlander has acquired the 2,000-song music publishing catalog of boutique music publishing firm one77 Music.
CTM Outlander has acquired the 2,000-song music publishing catalog of boutique music publishing firm one77 Music, which includes songs written by Toby Gad, Sean Garrett, Mike & Keys and Rodrick Doss. Terms of the deal were not disclosed.
At the same time, the company announced that it had made a deal to represent “total interests” in the works of songwriter Markus “Mack” Sepehrmanesh, a co-writer of Zara Larsson’s “Lush Life” and other songs.
“one77 Music is a unique music publishing company with some outstanding writers whose songs have been recorded by the greatest artists in the world,” CTM Outlander CEO André de Raaff said in a statement. “We are very happy with this new music publishing catalogue addition and a further involvement in Mack’s successful career, in order to grow CTM Outlander’s ambition to become one of the leading independent music companies in the world.”
De Raaff previously founded Imagem, the giant independent music publishing company sold to Concord in 2017 for about $550 million. Earlier this year, he partnered the CTM publishing firm with the Outlander Fund — launched by Dallas-based intellectual and property lawyer and investor Les Ware — with the goal of acquiring $1 billion in music assets over the next five years. The first deal under that arrangement was the acquisition of TEN Music Group in April.
“André has a holistic understanding of investing in the creative process which ultimately benefits both investor and creator,” one77 Music president and CEO Jennifer Blakeman said in a statement. “I feel very fortunate that he and CTM/Outlander have taken an interest in what we started at one77 Music.”