Ex-Mojo Music Executive Alan Wallis Launches Specialist Publisher Dynamite Songs
The company, which focuses on “smaller-sized deals,” has acquired around 50 catalogs that include rights to songs performed by Ed Sheeran, Kendrick Lamar and more.
Former Mojo Music executive Alan Wallis has launched Dynamite Songs, a new publishing venture that boasts rights to songs performed by Ed Sheeran, Kendrick Lamar and Papa Roach, it was announced on Wednesday (May 28).
Described as a “specialist music publisher,” Dynamite Songs has acquired around 50 catalogs to date, including those of Ed Sheeran and Paolo Nutini songwriter Chris Leonard; Sly Jordan, whose songs have been performed by Lamar and Sean Kingston; Jim Sullivan of the English electronic music duo The Wideboys; Dan + Shay songwriter Danny Orton; and Papa Roach’s Anthony Esperance and Bruce Ellis-Smith.
With backing from Crestline Investors Inc., a Fort Worth, Texas-based investment manager with $16 billion in alternative credit assets under management that previously invested in Mojo, Wallis says Dynamite will focus on rights to enduring catalogs that are considered “smaller sized deals.”
“The smaller end of the music rights market has been under-appreciated for too long,” said Wallis, who previously led the music transactions practice valuing catalogs at Ernst & Young LLP and will serve as Dynamic Songs’ CEO.
“Our experience with Mojo Music has shown that there are brilliant songwriters and catalogues to be found — you just need to know where to look. With one of the best teams and networks in the business behind us, we’re strongly placed to navigate this market segment, allowing us to support songwriters and honour their works and legacies,” Wallis said in a statement.
Started in 2018 by Wallis and two former Spirit Music Group principals, Mark Fried and Peter Shane, Mojo Music & Media grew to include some 40 catalogs and 30,000 songs before it was acquired by Concord in 2023 for an undisclosed amount. Mojo’s portfolio included portions of songs recorded by REO Speedwagon, KISS, Cheap Trick, Duran Duran and Earth Wind & Fire.
Wallis’s team includes former Mojo Music & Media executives Sophie Brown, who will serve as CFO/COO; Lisa Macy, who will serve as head of sync; and Tom Donovan, Dynamite’s head of business development. Dynamite’s investment manager is Naomi Riley, whil Peter Thomas, previously MD of Carlin Music, serves as chief catalogue officer.
Link to the source article – https://www.billboard.com/pro/ex-mojo-music-exec-alan-wallis-launches-music-publisher/
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