Amplified Music Rights (AMR Songs), a self-proclaimed “full-service music publishing, acquisition and rights management company,” has officially announced the purchase of the catalog of The Lovin’ Spoonful co-founder John Sebastian.
AMR, founded by former Roc Nation publishing executive Tamara Conniff (who is CEO) and SR Capital Advisors Managing partner Steve Reinstadtler (CFO), announced today its deal with 79-year-old John Sebastian in an official release. According to this post, the transaction includes “a share in the entire Sebastian catalog,” although AMR did not provide accurate financial data and information about the ownership of the investment.
In any case, AMR, which, according to Variety, has a capital of $100 million, indicated that the deal applies to both “publishing and royalties” for such Lovin’ Spoonful hits as “Daydream”, “Summer in the City”, “Summer in the City”. ” and “Do you believe in magic”, and these are just some of them.
Also included are the shares of saleable musicians in a band inducted into the Rock and Roll Hall of Fame, “Did You Ever Have to Make Up Your Mind?” and “Darlin’ Be Home Soon” (which Sebastian wrote for Francis Ford Coppola’s film “Now You’re a Big Boy”). As a solo artist, a native of New York, Sebastian composed and recorded tracks, including “Welcome Back”, the soundtrack to “Welcome Back, Cotter”.
Speaking about her company’s newest investments in a statement, Tamara Conniff said: “John Sebastian is one of the most prolific songwriters and performers in the history of music, and we are honored that he chose AMR Songs as the custodians of his works. We are passionate about his music and will work tirelessly to preserve his legacy and make sure that the songs are presented to a new audience for generations.”
In his speech, Sebastian, a member of the Songwriters Hall of Fame, said: “AMR’s participation in my catalog and, in particular, Tamara Conniff’s enthusiasm for this material, guarantee that my songs will sound for a long time. a lot of time.”
Meanwhile, AMR also took the opportunity to emphasize that “last year” it acquired the rights to the music of the reggae band SOJA, in addition to acquiring “selected shares in music publishers, producer and performer fees for hundreds of famous songs.” Among the latter are works recorded by Boston, Pitbull, Linda Ronstadt, Eminem, Celine Dion and many others, according to AMR.
Finally, AMR also announced that it has signed global publishing agreements with songwriter and producer Eric Janson, as well as with “Hard to Find” artist E. J. Worland, who is preparing to release new music on the AMR label.
In addition to AMR’s agreement with John Sebastian, catalog deals were concluded in the first three weeks of March from Shamrock, the Dutch Pythagoras Music Fund and the Spanish Larrosa Music Group, as various investors are still seeking to offer intellectual property owners a new approach to catalog deals.
