Jonas Brothers Music Catalogs Acquired by Father’s Company
Several assets from the Jonas Brothers’ catalog are going to a “new” home in a deal through which Jonas Group Entertainment, the company overseen by the brothers’ father Kevin Sr., will acquire a mix of his offsprings’ publishing and master rights from two of the group’s albums and two notable singles.
The assets — which encompass the albums “Happiness Begins” and “The Album,” along with the singles “Like It’s Christmas” and “Remember This” — will fall under Jonas Catalog Holdings 1, an investment entity founded by Kevin Jonas, Sr. and managed by Jonas Group Entertainment Holdings. The deal was financed via Corrum Capital.
Further terms of the deal were not disclosed, but JCH1 is described in the announcement as a investment vehicle company with “up to” $300 million in funding.
“Joining forces with Jonas Group Entertainment feels like coming full circle,” the Jonas Brothers said in a statement. “We are passionate about songwriting and the creative process, and [Jonas Group Publishing president] Leslie DiPiero has always been a true champion for songwriters and creators.”
DiPiero added, “The foundation for every successful artist is the song, and Nick, Joe and Kevin are extraordinary songwriters. Their music has touched and inspired a generation of fans and fellow artists. It’s a privilege to welcome this body of work into the JGP family.”
The band, which went on an extended hiatus between 2013 and 2019, will release a new album, “Greetings From Your Hometown,” on Aug. 8 and will launch a three-month-long North American tour beginning at MetLife Stadium in New Jersey on Aug. 10. Earlier this year, bandmember and eldest brother Kevin Jonas revealed that he had “almost all” of his money in a series of investments around nine years ago. The Jonas Brothers’ reunion in 2019, he said, gave him another “bite at the apple.”
Jonas Group Publishing, which launched in 2020, has previously signed country crooner Rhett Akins to a publishing deal along with acquiring some parts of his catalog, and acquired publishing assets from multiplatinum hitmaker Julia Michaels and songwriters Justin Ebach and Amy Stroup.
The assets — which encompass the albums “Happiness Begins” and “The Album,” along with the singles “Like It’s Christmas” and “Remember This” — will fall under Jonas Catalog Holdings 1, an investment entity founded by Kevin Jonas, Sr. and managed by Jonas Group Entertainment Holdings. The deal was financed via Corrum Capital.
Further terms of the deal were not disclosed, but JCH1 is described in the announcement as a investment vehicle company with “up to” $300 million in funding.
“Joining forces with Jonas Group Entertainment feels like coming full circle,” the Jonas Brothers said in a statement. “We are passionate about songwriting and the creative process, and [Jonas Group Publishing president] Leslie DiPiero has always been a true champion for songwriters and creators.”
DiPiero added, “The foundation for every successful artist is the song, and Nick, Joe and Kevin are extraordinary songwriters. Their music has touched and inspired a generation of fans and fellow artists. It’s a privilege to welcome this body of work into the JGP family.”
The band, which went on an extended hiatus between 2013 and 2019, will release a new album, “Greetings From Your Hometown,” on Aug. 8 and will launch a three-month-long North American tour beginning at MetLife Stadium in New Jersey on Aug. 10. Earlier this year, bandmember and eldest brother Kevin Jonas revealed that he had “almost all” of his money in a series of investments around nine years ago. The Jonas Brothers’ reunion in 2019, he said, gave him another “bite at the apple.”
Jonas Group Publishing, which launched in 2020, has previously signed country crooner Rhett Akins to a publishing deal along with acquiring some parts of his catalog, and acquired publishing assets from multiplatinum hitmaker Julia Michaels and songwriters Justin Ebach and Amy Stroup.