ole Acquires Parallel Music Publishing Catalog

TORONTO, ON - February 19, 2019, ole, one of the world’s premier music and entertainment companies, is pleased to announce 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 6 active songwriters to its roster, as well as an exciting 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 Tim 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.

For more information please contact:
Paul Eastwood
647 243 3901

ole is one of the world’s leading independent music and entertainment companies, comprised of a music publishing division, label group, production music libraries, and an audio-visual secondary rights (AVSR) management company. Founded in 2004, ole operates offices in Toronto, Nashville, New York, Los Angeles and London. ole’s music publishing division houses catalogs of more than 55,000 songs by over 400 songwriters, as well as 60,000 hours of film & television music. ole’s label group, including Anthem Records, supports, promotes and facilitates the success of artists at all stages of their careers. ole’s production music libraries, Jingle Punks, 5 Alarm Music and Cavendish Music, provide custom music services and over 800,000 tracks to creators of all media. ole’s AVSR company, Compact Media, manages the rights of more than 850 film & television producers and distributors around the world. As a trusted partner to some of the industry’s most successful artists, songwriters, publishers, and film & television producers, ole delivers the customized support, technology and infrastructure needed to navigate today’s complex global market.