Raleigh Music Publishing Forms Joint Venture With ICM Crescendo Music Royalty Fund
Categoria: Musica
The new venture will see Raleigh administering catalogs acquired by ICM Crescendo Music Royalty Fund.
Por Billboard | 25/08/2026
Raleigh Music Publishing and ICM Crescendo Music Royalty Fund have formed a joint venture to acquire music publishing catalogs. Under the terms of the joint venture, ICM Crescendo will commit dedicated acquisition capital to music publishing catalogs sourced and administered by Raleigh. As part of the deal, Raleigh Music Publishing will gain an equity stake in the acquisitions through its catalog administration role in the joint venture. Related The 13 Biggest Music Business Deals of 2026 So Far Dale Morris, Nashville Manager Who Guided Careers of Alabama & Kenny Chesney, Dies at 89 HYBE Pledges Over $300k for Colombia Earthquake Recovery The two companies first joined forces when acquiring the Kal Mann catalog, which included hits such as Chubby Checkers’ “Let’s Twist Again” and a sample share in House of Pain’s “Jump Around.” According to the announcement, the partnership combines “Raleigh Music’s deep operational expertise and long-standing relations with ICM Crescendo’s music copyright expertise, investment infrastructure and deep pockets.” The companies say they expect to announce multiple transactions in the near term, drawing on a pipeline of opportunities developed by Raleigh through its relationships with catalog owners, artist estates and music rights holders. Raleigh Music is led by co-president Peter Raleigh , who previously led the copyright teams at Cherry Lane and Imagem Music Publishing U.S.; and co-president Steven Storch , who spent 21 years at Sony Music Publishing and had been the company’s CFO before moving onto Imagem. Raleigh Music’s holdings already include the published works of Elvis Presley — among them “Can’t Help Falling in Love,” “All Shook Up,” “A Little Less Conversation” and “Don’t Be Cruel” — as well as the George Gershwin catalog including “Summertime” and “Rhapsody in Blue”; the Alan J. Lerner catalog, encompassing standards from “My Fair Lady,” “Brigadoon” and “Gigi”; and the Tokens’ “The Lion Sleeps Tonight” and Tony Bennett’s “Blue Velvet.” “The American Songbook and the great songs of the 1950s and 1960s represent some of the most enduring creative achievement in our culture,” Raleigh said in a statement. “At Raleigh, we see ourselves first and foremost as stewards of that legacy. The families and heirs who entrust their songs to us do so because they know we genuinely love this music and will protect its copyrights, its integrity and its place in the world for generations to come. This partnership with ICM Crescendo allows us to extend that commitment to more of these extraordinary catalogs and to ensure that the songs that shaped American music continue to be heard, valued and cared for.” ICM Crescendo Music Royalty Fund already owns 6,500 songs across more than 50 catalogs representing over 500 artists and is managed by ICM Asset Management, which describes itself as a Canadian alternative investment manager with more than $2 billion in assets. ICM Crescendo Music Royalty Fund’s website s