About four months after Lyric Capital announced it had closed an $800 million song fund, its subsidiary Spirit Music Group has signed a “worldwide publishing deal” with veteran songwriter Autumn Rowe.
Spirit Music emailed Digital Music News today about its latest agreement, which covers “select catalogues” and is also “a future publishing deal”. Managed by Range Media, Rowe’s songwriting credits include “Happiness” by Alexis Jordan, “Sexy Love” by Kylie Minogue and “Salt” by Ava Max to name a few.
Additionally, Songwriters of North America (SONA) board member Rowe has written several tracks for Jon Batiste We are, which won Album of the Year at the 2022 Grammys. In a statement accompanying the just-announced collaboration, Rowe thanked the Spirit Music team and expressed her high hopes for the partnership, the exact terms of which have not been publicly disclosed.
“I’m grateful for the opportunity to continue doing what I love with such a supportive and respected group of music publishers and I look forward to doing great things together,” said Rowe, co-founder of Songwriter Fund, in part.
And in his own remarks, Jon Singer, chairman of Spirit Music, described the New York City native as “just the kind of partner we want to work with.”
“Autumn is undeniably a talented writer and producer who has worked with some of the biggest names in the world,” said Singer. “In addition, she is a remarkable advocate for the interests of songwriters and producers and is just the kind of partner we want to work with. We are delighted to welcome Autumn to the Spirit Music Group family and have the opportunity to represent her as her publisher.”
Last year, Spirit Music bought country music star Jason Aldean’s recorded catalog, and if the $800 million tranche originally mentioned is any indication, the company (along with Lyric) is poised to continue announcing high-profile tracks and deals in the future. More broadly, the first half of 2023 has not only secured numerous notable publishing deals, but also brought with it numerous catalog purchases.
Certainly in early June and July alone, Universal Music Group (which is reportedly seeking to acquire Queen’s entire body of work), AP Music Royalties, BlackRock-backed Influence Media Partners, Armada Music’s dance-focused BEAT, Carlyle Global Credit-backed Litmus Music, Reservoir Media, Multimedia Music, Primary Wave, Peermusic, BMG, CTM Outlander and others and still announce catalog purchases.