Spirit Music Group has announced it has signed multi-platinum songwriter and producer Gregg Wattenberg to a global publishing deal. As part of the multi-faceted deal, Spirit has acquired global rights to Wattenberg’s complete songwriting catalogue and signed him to a co-publishing agreement for all future works.
Among Gregg Wattenberg’s co-written and/or produced songs are platinum hits Easy Tonight, Superman (It’s Not Easy) and 100 Years by Five For Fighting, It’s Not Over by Daughtry and If It’s Love by Train.
The announcement follows a $350 million recapitalisation of Spirit Music Group led by chairman Jon Singer and business partner Ross Cameron earlier this year.
Speaking about the deal, Jon Singer said: “I have known Gregg for twenty years, dating back to our days at Island Records — we always knew that we would be working together again one day. The timing is right and the team at Spirit is honoured to represent and partner with such an accomplished songwriter and producer. This is a multi-faceted deal that not only allows Spirit to represent Gregg as a songwriter, but a partnership to identify and nurture new talent together. This is an exciting time for Spirit Music Group - we’re just getting started.”
Gregg Wattenberg added: “I’ve been a long-time fan of both Spirit and of Jon Singer. Jon was a good friend back when we worked together at Island Records and has become an even closer friend and supporter over the years. I am thrilled to partner with Spirit Music Group as they understand how important it is to invest in and develop the next generation of songwriters. They fully support me in doing that and I couldn’t ask for a better home for my catalogue.”
Additionally, Spirit will partner with Wattenberg to form a joint venture which will allow him to leverage Spirit’s resources to find, sign and develop songwriting talent under his Arcade venture.
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