ole, Scholastic Media Ink Admin Deal

ole has announced an important music publishing administration deal with Scholastic Media, a division of Scholastic, the global children's publishing, education and media company.

Under the deal, ole will cultivate Scholastic's music publishing property in all territories outside the U.S. The Scholastic deal adds to ole's dominance as a specialist in the administration of children's television; ole administers worldwide catalogues for companies such as Nelvana, Cookie Jar, WGBH, CCI and others.

ole CEO and Chairman, Robert Ott, says: "ole is proud to have been chosen by Scholastic to play an important role in the cultivation of Scholastic's music publishing property. We pride ourselves on world-class, personalized client service and we look forward to delivering results for Scholastic."

Founded in 1920, Scholastic is has developed such important cross-media brands as "Clifford the Big Red Dog®," "The Magic School Bus®," "Maya and Miguel™," "WordGirl®," and "Goosebumps™," that synergize television, print, audio, games, and other media.

Since emerging as a modern force in global music publishing five years ago, ole has built a robust creative and administration capacity that seeks to add value holistically to client properties. Ott says of ole's administration methods, "We're very disciplined about fully collecting for our clients. We're forensic in our analysis of broadcast vs. earning data, which enables our aggressive, proactive approach to resolve any deficiencies we identify."