MBW has beforehand famous that copyrights belonging to composers for movie and TV have gotten big business.
Multimedia Music, an acquisitive firm working within the house, lately secured a fresh $100 million funding final month to purchase movie and TV music rights, rising its complete funds raised from $100 million to $200 million.
Since launching simply 15 months in the past, Multimedia Music, which is led by trade veterans Phil Hope and James Gibb, says it has already deployed over $120 million on acquisitions.
On Tuesday (April 11), MMM revealed its newest acquisition: An eight-figure deal to amass the catalog and earnings streams of a number of Emmy-winning composer Trevor Morris.
The Morris catalog deal follows what MMM calls an “intensive spherical of acquisition exercise” on the firm.
Amongst MMM’s latest purchases are STX Leisure’s music library, the Atlantic Display Music library and the catalogs of music earnings and copyrights from quite a few composers together with James Newton Howard, Tyler Bates, David Buckley, Michael Corcoran and Sean Callery.
With 15 solo function movie credit, 25 prime-time tv sequence and 5 interactive titles, two-time Emmy Award-winning composer Trevor Morris is described by Multimedia Music as “one of the vital prolific and versatile composers in Hollywood”.
His music will be heard on The Tudors, The Borgias, Vikings, Vikings: Valhalla, Large Sky and the hit tv sequence Taken.
Morris’ function movie works embrace London Has Fallen, Olympus Has Fallen, Brick Mansions and Immortals.
He additionally lately accomplished the third installment of Dragon Age for Digital Arts.
Morris has additionally entered the world reside efficiency, conducting his music tailored for reside efficiency.
“We’re thrilled to have added Trevor’s super physique of labor to the rising catalogue of fantastic movie scores we’ve acquired at Multimedia Music.”
Multimedia Music’s James Gibb, who’s a accomplice within the firm with Phil Hope mentioned: “We’re thrilled to have added Trevor’s super physique of labor to the rising catalogue of fantastic movie scores we’ve acquired at Multimedia Music.”
Multimedia Music was represented within the transactions by Selverne Kelley Bradford, Trevor Morris was represented by Mark Media Legislation.
Elsewhere within the movie and TV music rights house, final month, UK-born Cutting Edge Media Music (CEMM) secured $100 million in financing from a bunch of banks led by Pinnacle Monetary Companions to spice up its money reserves to spend money on music for movie, tv, video video games and extra.
That new $100 million increase got here after a yr throughout which the corporate invested $125 million, raised in an initial round, to amass movie and TV music rights.
Music Enterprise Worldwide