Advertisement


Another day, one other vital rights deal.

Cosmos Music, one in all Scandinavia’s largest unbiased labels, has acquired what it calls “a substantial interest” within the owned grasp and publishing repertoire of London-based Ace Records – amounting to some 9,000 masters and 3,000 compositions.

Advertisement

Founded in 1975 by Ted Carroll, Trevor Churchill and Roger Armstrong as Chiswick Records, Ace had success with Rocky Sharpe & the Replays, Sniff ‘n’ the Tears, The Damned and Motörhead.

More not too long ago specializing in catalog releases, Ace has acquired many US catalogs through the years, including Kent-Modern, Spring, Goldwax, Sensation and Fraternity.

These catalogs embody recordings by legendary artists corresponding to John Lee  Hooker, Etta James, B.B. King, Millie Jackson, Joe Simon, The Fatback Band, James Carr,  Lonnie Mack, Ike & Tina Turner and many others.

Cosmos says that it’s going to now tackle administration of the big range of recordings and songs acquired by Ace through the years.

Additionally, Cosmos says that it’s going to deal with the advertising, gross sales and promotion of those grasp and publishing rights within the digital market together with sync and different licensing and branding alternatives. 

Stockholm-based Cosmos Music, whose historical past dates again to 1966, owns what it calls a “vast catalog of master recordings” that spans over six many years.

The firm provides that its music publishing division represents near 1 million worldwide copyrights for the Nordic area.  

Cosmos Music acquired Scandinavian Songs – then one of many main unbiased music publishing firms within the Nordics – in 2015

In 2017, Scandinavian Songs rebranded to Cosmos Music Publishing.


Ace Records will stay an unbiased document firm below its current administration workforce.

The London-based firm says that it’s going to proceed to deal with origination, manufacturing and distribution of bodily product for the owned catalog in addition to for product from a variety of third-party repertoire sources, which it would proceed to characterize independently below license.

It provides that each one backroom operations, including administration of royalties will proceed as they’ve finished. 

“Having spent considerable time and effort trying to find a suitable partner to carry on the legacy of Ace Records, we feel strongly that in Cosmos we have found the perfect match.”

Ted Carroll, Trevor Churchill and Roger Armstrong, Ace

The three founding members at Ace mentioned: “Having spent considerable time and effort trying to find a suitable partner to carry on the legacy of Ace Records, we feel strongly that in Cosmos we have found the perfect match, as people who are fully engaged in the traditions of Ace Records, musically, emotionally and culturally.” 

“I bought my first Ace LP when I was 14 years old.  Today – almost 40 years later – I get to  say that it is our actual job to continue working this legacy catalog worldwide.”

Fredrik Ekander, Cosmos

Fredrik Ekander, Founding companion at Cosmos, added: “It is a true honour and a real privilege for Cosmos Music to have been trusted  by Ted, Trevor and Roger to help carry the Ace torch into the future. I bought my first Ace LP when I was 14 years old.

“Today – almost 40 years later – I get to  say that it is our actual job to continue working this legacy catalog worldwide. Absolutely amazing.”


 Music Business Worldwide



Source hyperlink

Advertisment

LEAVE A REPLY

Please enter your comment!
Please enter your name here