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Business News (more headlines) 03-01-2014

Riptide Music And Pigfactory Merge To Form Riptide Music Group

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Riptide Music and Pigfactory, two leading, Los Angeles-based music sync licensing and publishing companies, have merged to form a new, combined entity: RIPTIDE MUSIC GROUP, LLC. Riptide Music President Rich Goldman, Riptide Music Executive Vice President Bob Kaminsky, and Pigfactory CEO Keatly Haldeman jointly made today's announcement.

The newly formed Riptide Music Group instantly becomes a "sync-flavored" global publishing administration powerhouse. The company's services include the worldwide synchronization of music for advertising, movie trailers, television, film and videogames. In addition, the company will also provide services for the international collection of publishing royalties. Riptide Music Group will leverage its advanced digital accounting, administration, and distribution systems to proactively exploit its clients' music catalogs and copyrights, on a global scale.

Recent licensing credits from Riptide Music and/or Pigfactory (prior to the formation of Riptide Music Group,) include music placements within episodes of "Breaking Bad," the movie trailer for "The Wolf of Wall Street," commercials for BMW, and the trailer promoting the videogame "Call Of Duty: Black Ops."

Riptide Music Group's newly combined music roster includes songs by Fatboy Slim (whose song "Eat, Sleep, Rave, Repeat" was recently #2 on the UK charts,) Iggy Pop, the Turtles, Deadly Avenger, Airborne Toxic Event (whose single "Hell and Back" is currently on the radio,) and Dirty Vegas (winner of the first ever Grammy Award for Electronic Music,) whose new EP is represented exclusively by Riptide Music Group.

"There is a real need within the entertainment, media, and advertising industries today for a publishing administration company with an equally strong focus on both proactive sync and worldwide royalty collection," said Goldman. "Riptide Music Group now fills that need."

Adds Haldeman, "By coming together to form Riptide Music Group, we believe we can offer our administration clients the greatest possible exposure to worldwide sync opportunities of anyone in the industry."

The new Riptide Music Group is comprised of three operating units:

Riptide Rights: Riptide Rights will oversee publishing and master rights for administration and sync representation. As one of the few independent publishers in the industry to affiliate directly with many international royalty societies and through foreign partnerships, Riptide Rights will efficiently and accurately register compositions and actively collect royalties World Wide.

Riptide One: Riptide One is a carefully curated catalog of independent artists, bands, producers and composers which offers a diverse range of music for licensing in advertising, movie trailers, television, film and videogames. Riptide One controls 100% of its master and publishing rights for easy licensing.

Pacifica Music Library: A modern production music library previously established as a joint venture between Riptide Music and Pigfactory, the Pacifica catalog offers music for all visual media: Commercials, TV Promos, Sports Programming, Reality TV, and more. Pacifica Music provides the production community with over 20,000 tracks of great music, at competitive pricing, with a knowledgeable staff always available to help with music searches. Utilizing online search and delivery, needle drops, show packages, and blanket licenses, Pacifica Music offers users a fast and efficient user experience.

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