Raleigh Music Publishing and ICM Crescendo Music Royalty Fund have formed a joint venture to acquire music publishing catalogs. Under the terms of the joint venture, ICM Crescendo will commit dedicated acquisition capital to music publishing catalogs sourced and administered by Raleigh.
As part of the deal, Raleigh Music Publishing will gain an equity stake in the acquisitions through its catalog administration role in the joint venture.
Related
The 13 Biggest Music Business Deals of 2026 So Far
Dale Morris, Nashville Manager Who Guided Careers of Alabama & Kenny Chesney, Dies at 89
HYBE Pledges Over $300k for Colombia Earthquake Recovery
The two companies first joined forces when acquiring the Kal Mann catalog, which included hits such as Chubby Checkers’ “Let’s Twist Again” and a sample share in House of Pain’s “Jump Around.”
According to the announcement, the partnership combines “Raleigh Music’s deep operational expertise and long-standing relations with ICM Crescendo’s music copyright expertise, investment infrastructure and deep pockets.”
The companies say they expect to announce multiple transactions in the near term, drawing on a pipeline of opportunities developed by Raleigh through its relationships with catalog owners, artist estates and music rights holders.
Raleigh Music is led by co-president Peter Raleigh, who previously led the copyright teams at Cherry Lane and Imagem Music Publishing U.S.; and co-president Steven Storch, who spent 21 years at Sony Music Publishing and had been the company’s CFO before moving onto Imagem.
Raleigh Music’s holdings already include the published works of Elvis Presley — among them “Can’t Help Falling in Love,” “All Shook Up,” “A Little Less Conversation” and “Don’t Be Cruel” — as well as the George Gershwin catalog including “Summertime” and “Rhapsody in Blue”; the Alan J. Lerner catalog, encompassing standards from “My Fair Lady,” “Brigadoon” and “Gigi”; and the Tokens’ “The Lion Sleeps Tonight” and Tony Bennett’s “Blue Velvet.”
“The American Songbook and the great songs of the 1950s and 1960s represent some of the most enduring creative achievement in our culture,” Raleigh said in a statement. “At Raleigh, we see ourselves first and foremost as stewards of that legacy. The families and heirs who entrust their songs to us do so because they know we genuinely love this music and will protect its copyrights, its integrity and its place in the world for generations to come. This partnership with ICM Crescendo allows us to extend that commitment to more of these extraordinary catalogs and to ensure that the songs that shaped American music continue to be heard, valued and cared for.”
ICM Crescendo Music Royalty Fund already owns 6,500 songs across more than 50 catalogs representing over 500 artists and is managed by ICM Asset Management, which describes itself as a Canadian alternative investment manager with more than $2 billion in assets.
ICM Crescendo Music Royalty Fund’s website says its holdings include songs performed by Taylor Swift; the ownership of a catalogue of songs by Anuel AA, including “Sola (Remix)”; and “Nachos Pa Morir”; and the copyright and royalty interests in Lauren Daigle’s Grammy-award-winning, platinum-certified album, Look Up Child. Past announcements by the company include the acquisition of Adrian Belew’s publishing and PRO rights; and the Rebel Made publishing catalog, which includes A$AP Rocky’s “L$D,” Kelly Rowland’s “Motivation” and Usher’s “There Goes My Baby.”
“At ICM, we seek to partner with experienced operators who bring deep industry expertise and access to differentiated opportunities,” ICM Asset Management president and portfolio manager David Vankka said in a statement. “Raleigh has built an impressive track record of sourcing, acquiring and managing high-quality catalogs, making them a natural partner as we continue to grow our presence in the music royalties asset class. We look forward to building our existing relationship and pursuing additional opportunities together.”
Storch said, “We are extremely excited to partner with David Vankka and the ICM team who, like Raleigh, understand and appreciate classic song catalogs. Partnering with ICM Crescendo gives us the capital to move decisively when… opportunities arise.”Partnering with ICM Crescendo gives us the capital to move decisively when… opportunities arise.”
Hence then, the article about raleigh music publishing forms joint venture with icm crescendo music royalty fund was published today ( ) and is available on billboard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Raleigh Music Publishing Forms Joint Venture With ICM Crescendo Music Royalty Fund )
Also on site :
- JetBlue’s Mint Passengers Are Finally Getting Free Lounge Access
- Deaths of pregnant women double during fastest-growing Ebola outbreak in history in DR Congo
- Judge in Don Lemon indictment asks to see grand jury records, adding to growing scrutiny of Justice Department cases
