Contemporary Music Publisher
LOS ANGELES–(BUSINESS WIRE)–Bug Music Publishing, the largest independent contemporary music publisher in the world, has registered five consecutive quarters of market share growth among the Hot 100 hits following the company’s second-quarter report for 2009.
2nd quarter saw 17 Top 100 charting hits from Pink (“Sober”) to Flo Rida (“Right Round”), Kings of Leon (“Sex of Fire” and “Use Somebody”) to Theory of a Deadman (“Not Meant to Be”), Brad Paisley (“Then”) to the Zac Brown Band (“Toes”), including the rare occurrence of the same song “No Boundaries” by two different artists, the American Idols Adam Lambert and Kris Allen. Recent deals have included the Guild Music and Murrah catalog acquisitions, publishing agreements with Grammy winning producers Tim and Bob and The Veils, as well as the first record release on Bug Music Records, The Features “Some Kind of Salvation,” part of the joint venture record label with the band Kings of Leon (global #1 charting album).
“What an amazing quarter for our writers, who are the best around,” said John Rudolph, CEO of Bug Music. “It was across the board – new writers like Bruno Mars having a #1, Kara DioGuardi having multiple songs in the top 100, Ashley Gorley scoring several #1s in country music, and the Kings of Leon becoming the international kings of rock. It is encouraging in these uncertain times in that our writers are the fuel behind the hits.”
Leading music industry publication Billboard recently released their Q2 publishers rankings and share analysis. Bug Music ranks #6 among Billboard’s Top 10 Publisher Airplay chart holding 4.2% of the U.S. radio airplay chart share, an increase of nearly 70% over Q1. This finding marks the company’s fifth consecutive quarterly market share gain, beginning at the first quarter of 2008. Additionally, Bug Music’s share is up 280% over the same period one year ago. During Q2, the company held shares in more than 10% of the songs in the top 100. In the U.K., Music Week ranked Bug Music #5 in Album share and #6 in Combined Single and Album share for Q2 publishers.
About Bug Music:
Boasting over 250,000 copyrights including the classics “What a Wonderful World,” “Fever” and “Happy Together,” as well as hit songs from such musical luminaries as Johnny Cash, Pete Townshend, Willie Dixon, Muddy Waters, Woody Guthrie, Townes Van Zandt and Stevie Ray Vaughan to contemporary hit makers Three Six Mafia, Ashley Gorley (Carrie Underwood, Trace Atkins), Kara DioGuardi (Pink, Jonas Brothers, Celine Dion), Iggy Pop, Bruno Mars, Ryan Adams, Kings of Leon and Wilco, Bug Music’s reputation, across its eight offices in the US and Europe, as a writer/artist-oriented music company and trusted counsel of legendary estates and current artists is unrivaled. www.bugmusic.com
