Peermusic Acquires 120 Publishing to Expand Australasian Footprint

Independent music publishing and neighboring rights company Peermusic has acquired Sydney-based music publisher 120 Publishing.

What it means:

• Peermusic gains the publishing rights to 120 Publishing’s approximately 5,000 works and 120,000 administered copyrights.

• Financial terms of the transaction were not disclosed.

• Peermusic has appointed 120 Publishing General Manager, Karen Hamilton, as Managing Director, Peermusic Australasia.

• Hamilton brings over 30 years’ experience in the industry across A&R, copyright, royalties, and licensing.

Specialty focus:

• 120 Publishing specializes in working with dance and electronic music writers, producers and topliners, with a focus on setting up collaborations between local writers and international artists.

• It also represents several successful Kpop/Jpop writers, and acts as a sub-publisher for some key international catalogs in Australia and New Zealand.

What they said:

• Mary Megan Peer, CEO, Peermusic: “The acquisition of 120 Publishing marks our continued investment in the Australasian market and repertoire. We are proud to steward a catalog with such artistic talent and cultural importance, ensuring these songs and songwriters continue to find new opportunities globally. Ralph and I are thrilled to welcome Karen to the helm of Peermusic Australia. Karen’s deep expertise, industry leadership, and proven ability to build her writers’ careers both in Australia and internationally will be a great addition to Peermusic Australia.”