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Spirit Music Group Continues Aggressive Expansion with Acquisition of StyleSonic Catalog Containing Four No. 1 Country Hits

March 19, 2015
Spirit B Press Release

NEW YORK, NY (March 19, 2015) – Spirit Music Group has acquired StyleSonic, one of Nashville’s premier independent catalogs, as announced today by David Renzer, Chairman, Spirit Music Group. The StyleSonic catalog includes some of today’s most popular songs in country music recorded by Nashville stars such as Tim McGraw, Dierks Bentley, Taylor Swift, and Martina McBride, to name a few. The addition of StyleSonic to Spirit’s repertoire marks the latest step in Spirit’s aggressive expansion plan, which has led to numerous other recent acquisitions for the company, including CAL IV, West Main Music, as well as publishing deals with the catalogs of Henry Mancini and Smash Mouth, among other deals.

Through the deal, Spirit will add four No. 1 country hits to its portfolio, including SESAC Song of the Year “Drink To That All Night” by Jerrod Niemann,“Highway Don’t Care” by Tim McGraw ft. Taylor Swift, “Feel That Fire” by Dierks Bentley, and “It Felt Good On My Lips” by Tim McGraw. In addition to multiple No. 1 hits, the StyleSonic catalog also features over fifteen Top 20 country songs spanning the last decade as well as the music of some of Nashville’s most respected country songwriters, including Brad and Brett Warren (professionally known as The Warren Brothers) and Lance Miller, to name a few. Other key copyrights in the catalog include “Red Solo Cup” by Toby Keith, “If You’re Reading This” by Tim McGraw, “Beer with Jesus” by Thomas Rhett, “Nine Lives” by Def Leppard ft. Tim McGraw, “Shinin’ On Me” by Jerrod Niemann, “Wrong Baby Wrong Baby Wrong” by Martina McBride, and “Teenage Daughters” by Martina McBride.

David Renzer, Chairman, Spirit Music Group commented: “The acquisition of the StyleSonic catalog fulfills multiple goals for Spirit, including continuing our aggressive growth strategy via high quality catalog acquisitions, while also fulfilling the goal of helping build and strengthen our growing Spirit Music Nashville operation. We couldn’t be more pleased.”

Daniel Hill, President, Spirit Music Nashville commented: “We are thrilled to add these StyleSonic hits to the Spirit Music Nashville catalog, and we are equally excited to add such a wealth of yet-to-be-recorded songs from some of the hottest songwriters in today’s country market.”

Spirit Music Group’s expansion into country music also includes the recent acquisition of the established and successful Nashville-based independent music publisher, production, and artist management company Cal IV Entertainment, which brings top writers, artists, and staff into the fold along with 25 number one copyrights and top ten singles. In addition to StyleSonic and Cal IV Entertainment, Spirit’s aggressive expansion plan also drove last month’s acquisition of leading contemporary Christian catalog West Main Music.

ABOUT SPIRIT MUSIC:

Spirit Music Group, founded in 1995, is one of the world’s leading independent music publishers, owning and/or managing more than 75,000 songs spanning seven decades and every musical genre. The company’s repertoire reflects some of the most beloved songs and songwriters of all time, including hits by Frank Sinatra, Billie Holliday, Carl Perkins, Elvis Presley, Charles Mingus, Dion, Aretha Franklin, B.B. King, Santana, The Beach Boys, Barbra Streisand, Gladys Knight, Alice Cooper, Pure Prairie League, Chicago, Chaka Khan, Anita Baker, The Go-Go’s, Madonna, Faith Hill, Tim McGraw, Mariah Carey, Jay-Z, Ricky Martin, Keith Urban, Usher, Dido, Jewel, Jason Aldean and Mary J. Blige; the complete catalogs of such iconic songwriters and writer/artists as Pete Townshend, Marc Bolan, Boz Scaggs, The Marshall Tucker Band, Toto, Billy Squier, Andrea Bocelli, Charles Mingus, Alan and Marilyn Bergman, Rick Nowels, C&C Music Factory; and the breakthrough work of such newer artists as Scissor Sisters, The Naked & Famous, Matt & Kim, San Cisco, Zooey Deschanel, Eric Paslay, and Big Data.

Spirit has earned a strong reputation as an aggressive royalty administrator and a peerless promoter of its songs into film, television and advertising productions as well as a wide range of new media. In recent years, Spirit has helped transform the publisher’s role beyond royalty collection and song promotion to proactive career and legacy partnership by creating and executing marketing plans to revitalize its clients’ songs and expand their brands.

Spirit Music Group is headquartered in New York with offices in London, Los Angeles, Nashville and the Netherlands. Spirit is a portfolio company of Pegasus Capital Advisors, the New York-based private equity fund manager that has been providing creative capital and strategic solutions to growth companies since 1996.

###

Spirit Music Group Media Contact:

Black Market Creative

Heather Glenn

310.765.1927 x707

hglenn@blackmarketcreative.com

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