Peermusic has now acquired Music Cube, which incorporates songs from BTS.
Peermusic has been somewhat busy as of late.
Last summer season, acquired Accorder Music Publishing, a UK-based indie movie and TV writer. Accorder has represented a roster of composers for reveals together with Great British Bake Off, River Monsters, The Great American Read, and Teletubbies, amongst others.
Then, a number of weeks later, signed songwriter Linda Perry to a world publishing deal. Under phrases of the deal, the indie writer launched a three way partnership with We Are Hear Music, Perry’s report label, publishing, and administration firm.
Now, the indie writer has confirmed a significant acquisition.
Moving into the Ok-Pop scene.
According to a new report, Peermusic has acquired South Korean impartial music writer, Music Cube.
The deal provides 40,000 Korean copyrights to its international catalog. This contains works from BTS, Red Velvet, and AOA.
The acquisition marks the US indie writer’s 30th entry right into a worldwide market. Heesun Park will function General Manager of Peermusic Korea, and can report on to Mary Megan Peer, Deputy CEO. Peer oversees the indie writer’s Asian operations, together with corporations in Beijing, Hong Kong, Japan, Taiwan, and Singapore.
Speaking concerning the acquisition, she stated,
“We’re thrilled to proceed our working relationship with Music Cube with this acquisition and to develop Peermusic’s presence in IFPI’s sixth largest music market on the planet.
“The development of Music Cube’s repertoire each domestically and internationally has been phenomenal. Our illustration of Music Cube’s catalog worldwide has given us first-hand visibility into the rising recognition of Ok-Pop across the globe. We’re trying ahead to persevering with working with Heesun Park and her crew.”
“The partnership between Music Cube and Peermusic has been essential for us as Korean music has develop into extra profitable internationally over the previous ten years.
“This deal is a big win for our songwriters, who will profit from even better help and sources that include becoming a member of a world writer.
“We’re all excited to proceed to construct on all of the work we’ve performed with Mary Megan and the Peermusic crew by creating extra collaborations between Korean and overseas songwriters.”