Switzerland-based AP Music Royalties Fund (APMRF) has struck a trio of music rights offers.
The corporate says it has acquired the author’s share of efficiency rights and neighboring rights catalog of former Standing Quo members John Coghlan and Alan Lancaster (who handed away in 2021).
APMRF has additionally acquired the catalog of UK-based, Grammy-nominated songwriting and manufacturing duo Mojam, which the corporate says, contains their publishing rights and producer rights.
AP Music Royalties Fund additionally says it has acquired the efficiency rights catalog of British songwriter Ed Drewett, identified for co-writing a few of One Route’s largest hits.
Monetary phrases weren’t disclosed, however sources recommend that the three offers had been cumulatively price greater than $20 million.
Different Companions (AP) is an impartial Switzerland-based funding advisory firm. The AP Music Royalties Fund is claimed to be “the primary European on-shore various funding fund (AIF) below Liechtenstein legislation with concentrate on music royalties investments”.
APMRF made waves in 2021 by buying the Barometer Music Royalties Fund I, co-founded and co-managed by Darren Michaelson and Andy Gershon, the present managers of APMRF.
Different latest offers struck by APMRF embody the acquisition of the publishing rights catalog of British songwriter Chris Demetriou in 2023.
The corporate additionally acquired the catalog of GERIG via a partnership with German music writer ROBA for someplace round EUR €10 million to €20 million.
Moreover, APMRF secured recording royalties from the Spice Women’ biggest hits, corresponding to Wannabe, 2 Change into 1, and Viva Ceaselessly via a take care of Stannard and Rowe, the producers of the catalog.
Most lately, the Standing Quo-related deal struck by APMRF includes the rights to the sound recordings that Alan Lancaster and John Coughlan featured on and that Alan composed, together with what APMRF notes are 20 Prime 10 UK hit singles, plus dozens of albums.
The British rock band has launched greater than 60 albums and bought greater than 100 million information worldwide.
Lancaster based Standing Quo in 1962, along with Francis Rossi, and performed as bassist and singer for the band till 1985. John Coughlan joined the band later in 1962 as drummer and stayed with Standing Quo till 1981. Lancaster handed away in 2021.
Amongst many others, some huge Standing Quo hits included within the catalog are No matter You Need, Rockin’ All Over The World, Down Down, The Wanderer, Caroline, Break The Guidelines and Photos Of Matchstick Males.
“It’s good to know that we’re leaving our catalog within the professional palms of Darren and his workforce.”
Dayle Lancaster and John Coghlan
Commenting on the deal, Dayle Lancaster (Alan’s widow) and John Coghlan, mentioned: “It was a pleasure coping with Darren Michaelson and the Different Companions workforce. They’ve been each understanding and respectful concerning our lifetimes work. It’s good to know that we’re leaving our catalog within the professional palms of Darren and his workforce.”
“With our work transferring ahead, we’re actually assured they’ll be legends for generations to come back.”
Darren Michaelson, APMRF
Darren Michaelson, APMRF, added: “ Once I was in class you had been both a mod or a rocker. While I used to be all the time a mod , Standing Quo had been the one group round that straddled the divide and united all. They had been legends then, and with our work transferring ahead, we’re actually assured they’ll be legends for generations to come back ”
Dayle Lancaster and John Coghlan had been represented within the transaction by Mike Dolan & Lloyd Beiny of Metro Associates.
APMRF has additionally acquired the catalog of Grammy-nominated British songwriting and manufacturing duo Mojam, which APMRF says, contains their publishing rights and producer rights.
Mojam was fashioned in 2011 by James Murray and Mustafa Omer. The duo has been instrumental within the launch of a number of main UK artists over the past decade and a half, together with Sam Smith, Emilie Sandé and Anne-Marie, and is greatest identified for his or her manufacturing and songwriting work on La La La by Naughty Boy and Sam Smith and Like I Can by Sam Smith, for which they acquired a Grammy Nomination in 2015.
APMRF says that the catalog acquired includes greater than 200 particular person tracks, together with La La La by Naughty Boy and Sam Smith, which reached No.1 in 26 international locations when it was initially launched. La La La lately returned to the highest of the worldwide charts after going viral on TikTok.
The catalog additionally contains Dwelling With out You by Sigala and David Guetta, Don’t Play by Anne-Marie, and Lionheart by Joel Correy and Tom Grennan.
“We’re so pleased with our journey and of the music assortment now we have constructed up over the previous decade.”
James Murray and Mustafa Omer
Commenting within the deal, James Murray and Mustafa Omer, mentioned: “We’re so pleased with our journey and of the music assortment now we have constructed up over the previous decade. We’re thrilled that in Darren Michaelson, now we have discovered a trusted associate who actually appreciates and understands our work.
“We’re very a lot wanting ahead to working along with Darren and Different Companions sooner or later.”
“We’re very pleased that James and Mustafa entrusted us with their distinctive catalog. I wish to thank Mojam, and their sensible supervisor Riki Bleau , for making this such a seamless transaction.”
Darren Michaelson
Added Michaelson: “Mojam have been the go-to workforce for launching main UK artists over the past decade and their impression has been felt globally. We actually admire their vitally necessary contributions to the music world.
“We’re very pleased that James and Mustafa entrusted us with their distinctive catalog. I wish to thank Mojam, and their sensible supervisor Riki Bleau , for making this such a seamless transaction.”
In the meantime, APMRF says it has additionally acquired the efficiency rights catalog of British songwriter Ed Drewett.
Drewett is a British singer and songwriter who’s greatest identified for his writing contributions and collaborations with acts corresponding to One Route, Little Combine, Jonas Blue, The Wished, Olly Murs and SG Lewis.
“I first signed Ed after I labored for Elton John over 15 years in the past and it’s been inspiring to look at him develop into the world-class songwriter he’s grow to be and achieved all these huge worldwide hits through the years,” mentioned APMRF’s Darren Michaelson.
“I’m grateful that Ed has entrusted his efficiency rights catalog for us to work with and I do know we will likely be effective custodians of his work.”
“I’m grateful that Ed has entrusted his efficiency rights catalog for us to work with and I do know we will likely be effective custodians of his work.”
Darren Michaelson
The catalog acquired includes greater than 150 songs written by Drewett between 2009 and 2022. Among the most profitable songs embody One Route hits Greatest Tune Ever, Steal my Lady and Historical past, the UK No.1 hits All Time Low and Glad you Got here carried out by The Wished, Rise and Mama by Jonas Blue, the UK chart No. 1 hit Black Magic by Little Combine in addition to Pricey Darlin by Olly Murs.
“This appears like going full circle as Darren Michaelson was my first supervisor within the trade and was with me from day one, together with Sir Elton John.”
Ed Drewett
Commenting on his deal APMRF, Ed Drewett mentioned: “This appears like going full circle as Darren Michaelson was my first supervisor within the trade and was with me from day one, together with Sir Elton John.
“It has been an absolute pleasure coping with Darren and the entire Different Companions workforce. Thanks for the religion you may have proven in my catalog.”Music Enterprise Worldwide
