ole Hosts Mission:Possible Event to Celebrate Head Office Move & 12 Years of Success
(Left to Right) Alex Lifeson of the rock band Rush; ole CEO and Chairman, Robert J. Ott; and Howie Dorough of the pop music band Backstreet Boys, celebrate 12 consecutive years of ole’s growth and success at the launch of the company’s new headquarters in Bremner Tower, located in Toronto’s Southcore District.
TORONTO, ON (October 31, 2016) – ole, one of the world’s leading independent music publishing and rights management companies, hosted a private event on Thursday, October 27 titled “Mission:Possible” to celebrate the company’s recent head office move to the top of 120 Bremner Tower, an ultra-modern 26,000 sq. ft. space in Toronto’s vibrant tech and media district. The event also celebrated ole’s twelve consecutive years of growth and success in the music publishing and rights management industry.
The Bremner Tower, is a major mixed-use, sustainable LEED-certified development in Toronto’s emerging Southcore District. Here, ole joins Amazon, Apple, BCE, Cisco and other cutting-edge companies in the city’s newest skyscraper.
The move marks a major milestone for ole, which recently secured a $500 million (USD) credit facility and, has to date completed more than $550 million in IP acquisitions. The company controls over 55,000 songs and 60,000 hours of TV/Film music across all genres. One of the most profitable rights management companies, ole has achieved a three-year compound annual growth rate (CAGR) of 55 percent while maintaining industry-leading margins. The company is on track to meet a 2016 Net Publisher’s Share target of over $60 million.
“For 12 years, ole has been engaged in the art of the possible and the creation of success. This new, state-of-the-art facility will enable our business and even greater collaboration across verticals in the company,” said Robert Ott, chairman and CEO of ole. “Our ability to physically see the curvature of the Earth from this high vantage point is paralleled by a newfound business perspective built on years of innovation and growth. I am confident in ole’s vision for the future and ability to capitalize on the scale we’ve achieved.”
ole is one of the world’s foremost rights management companies with investments of over $550M in music intellectual property (IP). Founded in 2004, with operations in Toronto, Nashville, New York, Los Angeles and London, ole is engaged in IP acquisitions, creative development, and worldwide rights management. The ole catalog includes over 55,000 songs and 60,000 hours of TV and film music across all genres. Copyrights under ole’s control include songs recorded by artists such as the Backstreet Boys, Beyoncé, Blake Shelton, Britney Spears, Carrie Underwood, Eric Church, Jay Z, Justin Timberlake, Kelly Clarkson, Madonna, Michael Jackson, One Direction, Rihanna, Rush, Taylor Swift, and Timbaland.
ole controls substantial A/V music and secondary rights including catalogs from Sony Pictures Entertainment, Entertainment One, MGM, Miramax, Nelvana, and Nu Image/Millennium, as well as an extensive production music library of over 750,000 tracks including Jingle Punks, Cavendish Music, 5 Alarm Music, MusicBox, Nelvana Production Music, Auracle, and Cue. In September 2016, ole acquired rights management company Compact Media – which manages Audio-Visual Secondary Rights for more than 700 clients around the world – in a major deal that furthers ole’s commitment to delivering leading-edge IP rights management services across the globe.
ole is committed to the creative development of its 120+ staff songwriters, legacy writers, and composers and adding value to our catalogs and client catalogs. Current ole writers include Timbaland, Tyler Farr, Josh Dorr, Gord Bamford, Brett Jones, Jeremy Stover, Phil O’Donnell, Jordan Davis, and Ian Thornley. ole has ongoing ventures with Last Gang Publishing, Roots Three Music, Jackoby Publishing, and most recently, ole-Bluestone Publishing, ole’s venture with global hitmaker Timbaland. ole’s legacy catalogs and writers include Rush, Max Webster, Coney Hatch, and Ian Thomas.
ole also operates a robust label services arm under the umbrella of ole label services. The division includes Anthem Entertainment Group, the label home of Rush, Big Wreck, Ian Thornley, Steven Page, The Tea Party. Anthem Legacy includes; Max Webster, Ian Thomas, and artist development label red dot, which has developed and up-streamed artists including Charlie Worsham, Haley Reinhart, Josh Dorr, Sam Grow, and Jordan Davis.
ole Digital is a full YouTube MCN partner for all media with over 5B views across publishing, masters and A/V to date.
For more information, visit www.majorlyindie.com.
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