Multimedia Music Enters into Three Catalog Acquisition Agreements with Composers Tyler Bates, David Buckley and Michael Corcoran
Multimedia musica company that acquires and manages the copyrights and revenue streams of music featured in film and television, announced that it had struck three eight-figure deals with acquire select catalogs of music rights and revenue streams from three of the industry’s top songwriters: Tyler Bates, David Buckley and Michael Corcoran. The announcement follows the close of an initial fundraiser that eclipsed $100 million for film and television music rights.
The company launched earlier this year with $100 million in funding from Metropolitan Partners Group and Pinnacle Bank.
From the Tyler Bates catalog: music from the “Guardians of the Galaxy” and “John Wick” franchises, “Deadpool 2,” “The Spy Who Dumped Me,” “Fast & Furious Presents: Hobbs & Shaw,” and TV shows such as “Californication” and “The Punisher” were part of the deal.
David Buckley’s catalog includes all of his past works, including ‘The Nice Guys’, ‘Jason Bourne’, ‘The Town’, ‘Nobody’, ‘Greenland’, ‘Papillon’, ‘Parker’, ‘The Forbidden Kingdom’ and the TV hits “The Good Wife” and “Lincoln’s Lawyer.”
Michael Corcoran is a leading composer of children’s and teen television. His work includes “iCarly”, “Liv and Maddie”, “Henry Danger”, and “Victorious”.
Multimedia Music Founder and CEO Phil Hope said, “We are huge fans of the work of Tyler, David and Michael. They are among the most active composers in the industry today and to acquire such incredible content from their catalogs is an honor for Multimedia Music.
David Buckley’s agent, Rich Jacobellis of Fortress Talent Management, added: “I am delighted with the professionalism of Multimedia Music and the way they handled David’s work. The way the deal was negotiated and quickly closed says a lot about how James and Phil work. Their knowledge of this space is unparalleled.
James Gibb, Head of Multimedia Music, said: “Our goal is to build a business with the best independent library of film music rights in the world and adding works by these iconic composers brings us closer to that goal. »
The deals follow a recent wave of purchases of iconic film composer James Newton Howard (“Hunger Games,” “The Dark Knight”) and a separate deal buying the publishing rights to a catalog of film scores. of 48 tracks from Atlantic Screen Music, all from movies that have grossed hundreds of millions of dollars at the box office.