advertisement
FYI

ole Acquires Parallel Music Publishing Catalog

The ever-expanding company has acquired another 6,500 songs, thanks to an exclusive worldwide deal with the Nashville-based publishng company. Parallel co-founder Tim Hunze now joins ole as Senior Director of Creative. 

 ole Acquires Parallel Music Publishing Catalog

By FYI Staff

ole announced yesterday that it has concluded an exclusive worldwide deal with Parallel Music Publishing, acquiring 100% of Parallel’s catalog of more than 6,500 songs. As part of the deal, ole also adds six active songwriters to its roster, as well as a pipeline of singles expected to hit the charts in 2019. 

In addition to the deal, Parallel Co-Founder and Managing Partner, Tim Hunze, joins ole in the role of Senior Director of Creative. Working out of its Nashville office, Hunze will be responsible for working with ole’s roster of songwriters and artists. Hunze brings extensive experience in music publishing and recorded music; under Hunze’s management, Parallel songwriters were responsible for five #1 hits. 

“This acquisition checks so many boxes for us. Parallel has a great roster of writers and artists; the staff is incredibly well-respected and knowledgeable, and the momentum built by Tim Hunze and his team continues to grow. We’re proud to have them as part of the ole family now,” commented ole’s Vice President of Creative, John Ozier. 

“I am so fired up to join John and his team. I think joining forces will create some amazing momentum for all our writers and artists. Watch out Music Row, ole is coming in hot,” added Hunze. 

Founded in 1992 as a personal management company to launch the celebrated Blue Collar Comedy Tour, Parallel quickly became one of the most successful talent management, music publishing and production companies in the entertainment business. The Parallel catalog includes the #1 hits: The Band Perry’s “Better Dig Two”, Kelsea Ballerini’s “Love Me Like You Mean It”, Justin Moore’s “Till My Last Day”, and Michael Ray’s “Kiss You In the Morning”, as well as Miranda Lambert’s “Mama’s Broken Heart” which went to #2 at Country Radio.


advertisement

 

 

advertisement
Intro

Billboard Canada 2025 Power Players List Revealed

By Richard Trapunski, Rosie Long Decter, Peony Hirwani, Stefano Rebuli and Heather Taylor-Singh

Billboard Canada Power Players is back for a second year, and it comes at a pivotal time for Canadian music. Canadian Content regulations – a principle that built the domestic industry – are up for review for the first time in a generation, with ongoing hearings taking place with the CRTC. The Online Streaming Act, meanwhile, is attempting to regulate major foreign streaming services to contribute to CanCon as the CRTC once did for radio, but companies like Spotify, Amazon and Apple Music aren't taking it without a fight.

Those issues shadow the industry, which has both struggles and successes. The country was recently named the 8th largest music market in the world by the IFPI and Toronto has emerged as a marquee live music market. That's been reflected in the successes and investments in new venues by companies like Live Nation Canada, MLSE and Oak View Group, though some festivals and promoters outside of their orbit have gone public with their own struggles.

keep readingShow less
advertisement