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Past Tune Acquires Producer & Songwriter Greg Wells Catalog

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Greg Wells Beyond Music

Describe Credit: Peterboropetes / CC by 4.0

Past Tune has announced it has purchased the song catalog of Canadian producer and songwriter Greg Wells.

Wells has produced and written songs for Adele, Taylor Swift, John Narrative, Dua Lipa, Quincy Jones, Katy Perry, and loads others. This deal marks the first time a Korean company has purchased a North American song catalog since HYBE sold Ithaca Holdings from Scooter Braun remaining three hundred and sixty five days. 

The company’s wholly-owned subsidiary Past Tune US has completed the acquisition of Wells’ catalog, which involves songs from albums that contain supplied more than 130 million copies. Greg Wells has earned 5 Grammy nominations and one award. The catalog involves works akin to Adele’s “One and Handiest,” John Narrative’s “By no blueprint Atomize,” Dua Lipa’s “Backyard,” OneRepublic’s “Make an apology,” Katy Perry’s “Comfy Small Christmas,” and Twenty One Pilots “Automobile Radio” among many others.

Past Tune’s first foremost U.S. acquisition objectives to tear up its boost to turn out to be a international song rights management company with more than 26,000 Asian and international song rights.

Closing September, CT Investments, a division of its guardian company Contents Technology, launched KPOP and Korean Entertainment ETF (KPOP ETF), giving merchants a likelihood to bewitch half within the boost of Korean pop song and culture. The KPOP ETF started buying and selling on the NYSE Arca alternate on September 1. Past Tune beforehand spent more than $200 million on lots of foremost catalog acquisitions within Asia, together with FNC Investment and Interpark’s song catalog.

“Now is the time to turn out to be a international song rights management company by securing no longer only Asian, but additionally international song rights,” provides Past Tune CEO Jangwon Lee. “We are in a position to continue to turn out to be the game changer within the market and construct decided synergy by shut cooperation with media and leisure companies for the industry’s boost.”

“It is certainly an honor to be the first foremost song catalog acquisition for Past exterior the Korean market,” provides Greg Wells. “I am impressed with their dedication to inventive freedom as smartly as maximizing the affect of my songs. I in actuality feel my work is in correct hands with them.”

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