Two years after purchasing Downtown Records, co-founders Josh Deutsh and Terence Lam announce the launch of their new music publishing division.
According to Billboard, Immortal Music Publishing’s ambition is to focus on emerging talent and identify catalog acquisitions and administration and co-publishing agreements with established writers.
One of Immortal’s first deals is a worldwide administration agreement with Jake Friedman, Jason Foster, and Mike Sniper’s publishing business, No Other Music. The agreement states that Immortal will administer No Other Music’s catalog.
In addition, Immortal has signed controversial rapper/producer Le1f who will join the roster along with Downtown Record’s current artists including Ellis Ludwig-Leone (San Fermin), Amalie Bruun (Ex Cops), Thomas Arsenault (Mas Ysa), Dillon Groeneman (Slow Magic), Nicholas Principle (Port St. Willow), Lawrence Rothman and Jona Bechtolt and Claire L. Evans (YACHT).
Deutsh and Terence have also recruited an experienced and successful group to serve as Immortal’s executive teams. Among the chosen are Eric Scott as VP, publishing and operations (formerly at BMG Chrysalis and Spirit Music Group), creative marketing executive Miles Catalano, manager, A&R and writer relations Wyatt Wolfram and licensing administration coordinator Martine Carlson.
Downtown Records is expected to sign new artists and obtain as well as market other catalogs to add to its current 5,000 song catalog after Relativity Media acquired a stake in the company earlier this year.