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Thu, May 30, 2024

Ole acquires Rush's longtime record label Anthem Entertainment Group

Tue, Nov 10, 2015@11:01AM | comments

Back in May of 2014, rights management company Ole announced that they had purchased Core Music, the 40-year home of Rush's music publishing, and that they would be managing the music publishing affairs of the band for the foreseeable future. They've now taken things a step further, announcing this morning that they have also acquired Rush's record label and home for over 40 years - Anthem Entertainment Group. From the press release:

... "ole is very excited about entering the label services business and building on the foundation of Ray Danniel's storied company, ole chairman and CEO Robert Ott said in a statement. "ole is proud to continue to be the home of Rush and the other great artists with Anthem. We look forward to working closely with Anthem's artists and business partners to further success."

As part of the deal, Anthem's long-time A&R director Andy Curran joined ole as GM of labels services/A&R; brining along Tyler Tasson as manager of label services, while Anthem vp Pegi Cecconi will work as an ole consultant.

"I am pleased that Anthem and its ongoing legacy have found a new home with ole," said Danniels, who will continue as president of SRO Management, which represents Rush and other artists. Daniels said that the deal with ole and Ott gives Anthem Entertainment and Anthem Records a vision for the future while "protecting its past." ...

... In the U.S., Anthem acts are distributed by the Warner Music Group and Concord. Rush, the label's best-selling act, has scanned more than 15 million album units since the advent of Nielsen SoundScan, now known as Nielsen Music, in 1991.

Alex Lifeson, guitarist and co-founder of Rush, said, "I'm pleased to see that Anthem Records has landed with ole, the home of our music publishing catalog. I wish them great success with their new label business. Congratulations to our longtime manager Ray Danniels and CEO of ole, Robert Ott on completing their deal!" ...

You can read the entire press release here (thanks Paul V).