Peermusic Explained

Southern Music Publishing Co., Inc.
Foundation:January 31, 1928[1]
Trade Name:peermusic
Location:New York City, United States
Key People:Ralph Peer, II: Executive Chair
and Mary Megan Peer: CEO
Industry:Music publisher
Subsid:Digitalpressure

Peermusic is a United States-based independent music publisher.

History

Ralph Peer, a field recording engineer and A&R representative for Victor Records, went on a scouting trip to Bristol, Tennessee. For two weeks, he recorded artists such as Jimmie Rodgers and The Carter Family in what later became famous as the Bristol sessions. With the success of these recordings, Peer incorporated Southern Music Publishing Co., Inc., on January 31, 1928, which changed its name in 1994 to Peermusic.[2] The company became very successful and influential in the 1930s. It hit the big time through Peer's introducing Southern American music to the world. In 1940 there came another watershed when a dispute between ASCAP and US radio stations led to the inauguration of the rival Broadcast Music Incorporated (BMI). BMI supported music by blues, country and hillbilly artists, and Peer, through his Peer International Corporation, soon contributed a major part of BMI's catalogue.

During and after World War II, Peer published songs such as "Deep in the Heart of Texas" and "You Are My Sunshine" (sung by Jimmie Davis, covered by Bing Crosby and many others), "Humpty Dumpty Heart" (Glenn Miller), "You're Nobody till Somebody Loves You" (Russ Morgan), "The Three Caballeros" (the Andrews Sisters), "Say a Prayer for the Boys Over There" (Deanna Durbin), and "I Should Care" and "The Coffee Song" (both Frank Sinatra). In 1945, he published Jean Villard's and Bert Reisfeld's composition "Les trois cloches" ("The Three Bells"), which was recorded by The Browns.

In the 1950s Peer published "Mockingbird Hill", a million-seller for Patti Page; "Sway" (Dean Martin and Bobby Rydell); and the novelty "I Know an Old Lady" (Burl Ives). Then came rock 'n' roll, and Southern published hits by Buddy Holly, Little Richard, The Big Bopper and The Platters.

After Ralph Peer's death in 1960, his wife Monique Peer became CEO and held the role for 20 years. She maintained relationships with artists her husband had recorded, and signed many others.[3]

In 2007, Peermusic announced the 50% acquisition of Malaco Music Group.[4]

Ralph Iverson Peer II (born 1944), the son of Ralph and Monique Peer, is the current Chairman and CEO of Peermusic.[2] He became CEO in 1980. Peer II is also the vice president and director of the National Music Publishers Association and the Harry Fox Agency.[5] He is also a director and past president of the Country Music Association, an editor/director of American Society of Composers, Authors and Publishers, and Chairman of the International Confederation of Music Publishers.[5] At the 2008 MIDEM, he was honored as "Music Maker of the Year".[5] In 2013, he received the inaugural International Confederation of Music Publishers (ICMP) award for "outstanding contribution to music publishing".[6]

Peermusic's catalogue includes the publishing rights to David Foster,[7] George Clinton,[8] Corey Hart,[9] Poo Bear,[10] Salaam Remi,[11] De La Ghetto,[12] Big Deal Music,[13] Molotov,[14] KillBeatz,[15] and Russian publisher First Music Publishing.[16]

In October 2020, Peermusic announced its expansion into the neighboring rights with the acquisition of Canada-based Premier Muzik, France-based All Right Music, and Netherlands-based Global Master Rights.[17]

Mary Megan Peer assumed the role of CEO of Peermusic in January 2021. Her father, Ralph Peer II, transitioned to executive chair.[18]

In July 2022, Hipgnosis Songs Fund signed an international sub-publishing deal with Peermusic.[19]

In October 2023, it was announced Peermusic had acquired the Oslo-headquartered indie music publisher, Arctic Rights Management.[20]

Notes and References

  1. Web site: SOUTHERN MUSIC PUBLISHING CO., INC. :: New York (US) :: OpenCorporates . opencorporates.com . August 24, 2021.
  2. Web site: peermusic - Company History . July 15, 2009.
  3. Book: Barry, Mazor . Ralph Peer and the making of popular roots music . Chicago . September 2016 . 9781613736531 . 900525692.
  4. Web site: Peermusic acquires 50% stake in Malaco Music . MusicWeek.com . July 19, 2007 . July 15, 2009.
  5. Web site: National Music Publishers' Association - Ralph Peer II . September 2, 2009.
  6. News: Jones . Rhian . Ralph Peer II honoured with ICMP outstanding contribution award . June 18, 2013 . July 15, 2013.
  7. Web site: Peermusic Acquires David Foster Catalog. January 11, 2011. The Hollywood Reporter.
  8. Web site: George Clinton signs worldwide administrative agreement with Peermusic. www.musicweek.com.
  9. Web site: Songwriter Corey Hart signs exclusive global publishing admin deal with peermusic. January 25, 2019. Music Business Worldwide.
  10. Poo Bear Inks Global Publishing Pact With Peermusic. Billboard.
  11. Producer Salaam Remi Signs Worldwide Pact With Peermusic. Billboard.
  12. De La Ghetto Inks Global Publishing Deal With Peermusic. Billboard.
  13. Web site: Peermusic inks deal to sub-publish Big Deal Music in multiple territories. September 27, 2017. Music Business Worldwide.
  14. Mexican Rock Band Molotov Signs With peermusic for Global Publishing. Billboard.
  15. Web site: Peermusic signs Joseph 'Killbeatz' Addison to global deal. www.musicweek.com.
  16. Web site: PeerMusic signs deal to represent Russian music catalogue worldwide. September 21, 2015. Music Business Worldwide.
  17. Web site: Peermusic expands into neighbouring rights, acquiring Premier Muzik, All Right Music & Global Master Rights. October 7, 2020. Music Business Worldwide.
  18. Web site: Mary Megan Peer Succeeds Her Father as CEO of Peermusic. Variety Staff. December 12, 2020.
  19. Web site: Hipgnosis announces new partnerships with SACEM and Peermusic | Complete Music Update .
  20. Web site: 2023-10-25 . Peermusic acquires Arctic Rights Management - one of the largest independent music publishers in Norway . 2023-10-25 . Music Business Worldwide . en-US.