Peermusic has acquired Sydney-based company 120 Publishing, with Karen Hamilton appointed as managing director, Australasia, at Peermusic. With the deal, Peermusic holds 120 Publishing’s approximately 5,000 works and 120,000 administered projects.
“The acquisition of 120 Publishing marks our continued investment in the Australasian market and repertoire,” Mary Megan Peer said in a statement. “We are proud to steward a catalog with such artistic talent and cultural importance, ensuring these songs and songwriters continue to find new opportunities globally. Ralph and I are thrilled to welcome Karen to the helm of Peermusic Australia.”
Ralph W. Peer added, “120 Publishing is an impressive company, grown and run by an exceptional executive, Karen Hamilton. With this acquisition we have a unique opportunity to grow our presence in Australia and to enhance the services we are able to provide our writers at both the local and global level. Karen has built a vibrant community of writers coupled with an impressive collection of local and international hits and I am so pleased she will be bringing those same skills to peermusic Australia. As we integrate the 120 song catalog, Karen will continue to provide a dedicated home that honors the creative vision of those writers while offering them greater reach through Peermusic’s global network.”
120 Publishing was founded by Tim McGee, TMWR Group’s CEO, back in 2009. Hamilton first joined the company in 2011, and has held jobs in A&R, copyright, royalties and licensing throughout her career.
“As a publishing company that is truly both independent and global, Peermusic is in a class of its own,” Hamilton said in a statement. “When I started working in 120 Publishing fifteen years ago, my goal was to put our songwriters first, do the right thing by them, and help create international opportunities for them. In Peermusic, I’ve found a partner who truly shares those values and delivers on that mission. Joining forces with Peermusic gives our songwriters the infrastructure and global reach to achieve their career goals much faster. Our writers will no doubt benefit from Peermusic’s international creative opportunities and worldwide administrative network. I look forward to working with the Peermusic team and I am honored to be working with this incredible roster of songwriters.” — Ariel King
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