Friday, November 22, 2019

Spirit Music Group acquires Publishing & Master Recordings for catalog of singer-songwriter Ingrid Michaelson | Music Business Worldwide


Spirit Music Group has acquired the majority of the catalog of singer/songwriter Ingrid Michaelson.

The acquisition includes Michaelson’s publishing and master recordings, the latter of which were originally owned by her.

Ingrid Michaelson’s songs have been placed in shows including Grey’s Anatomy and One Tree Hill, to name a few.

Spirit’s acquisition of Michaelson’s 12-year catalog of songs features the hits The Way I Am, Be OK, You and I, and Girls Chase Boys, as well as six albums and two EPs, including Girls & Boys (2006), Be OK (2008), Everybody (2009), Human Again (2012), Lights Out (2014), Alter Egos (2017) and Snowfall (2017).

Though agreements encompassing both master recordings and publishing rights are rare, this is not the first time that Spirit has done such deals.

The company also represents both the master and publishing for a portion of the catalog for T.Rex via Marc Bolan.

Spirit Music Group have had a string of acquisitions and signing successes over the past year.

In January, Spirit Music Group executives Jon Singer and Ross Cameron formed Lyric Capital Group to take ownership of Spirit Music Group and secure a recapitalization of over $350 million.

The capital raise allows Spirit to continue to build upon its already impressive legacy and community of renowned artists and songwriters. Now wholly-owned by the newly formed Lyric Capital Group, Spirit Music Group remains a strong, independent publisher.

“Ingrid is an incredibly talented and versatile artist and songwriter. In talking with Ingrid and her manager, Lynn Grossman, we developed a strong relationship and knew that Spirit was the right home to protect and nurture Ingrid’s songs.”

Jon Singer, Spirit Music Group (pictured main)

Jon Singer, Chairman, Spirit Music Group (pictured) said: “Ingrid is an incredibly talented and versatile artist and songwriter. In talking with Ingrid and her manager, Lynn Grossman, we developed a strong relationship and knew that Spirit was the right home to protect and nurture Ingrid’s songs.

“A major factor in Spirit’s success with these types of deals is going beyond merely acquiring copyrights and making a commitment to be a proactive partner in the long-term career of the write.”

“After speaking with Jon and understanding his collaborative approach, I felt comfortable that my work would be in good hands.”

Ingrid Michaelson

Ingrid Michaelson, said: “After speaking with Jon and understanding his collaborative approach, I felt comfortable that my work would be in good hands.”

 “Jon, Gary and the team at Spirit really made an impression on us with their approach, earnest curiosity and appreciation of Ingrid’s vision.”

Lynn Grossman, Secret Road

Lynn Grossman, management for Ingrid Michaelson and owner of Secret Road, said: “Jon, Gary and the team at Spirit really made an impression on us with their approach, earnest curiosity and appreciation of Ingrid’s vision.

“As Ingrid brings her creative vision to new mediums, including writing music and lyrics for the Broadway adaptation of The Notebook as well as writing for film, it’s great to know that Spirit will be adding to that momentum by targeting unique and impactful opportunities for her catalog.”

“The entire synch team here at Spirit Music Group, along with our network of sub-publishers worldwide, are thrilled to have the opportunity to continue to build upon the impressive legacy of placements in audio visual that Ingrid’s stellar catalog has enjoyed over the years.

Gary Miller, Senior Vice President, Creative Services, Spirit Music Group, said: “The added fact that we have the catalog as a one-stop in most cases gives us the advantage of seamless, timely deal-making which is an essential ingredient to success in the very fast paced environment of Film/TV music placement.”

 Music Business Worldwide

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