The deal for the "If I Were a Carpenter" singer-songwriter's works marks the companies' first acquisition since forming a joint venture.
Tim Hardin Norman Potter/Daily Express/Getty Images
The U.S. rights and certain foreign rights for nearly the entire Tim Hardin song catalog have been acquired by Raleigh Music Publishing and ICM Crescendo. The catalog includes such songs as “If I Were a Carpenter” and “Reason to Believe.” Terms of the deal were not disclosed.
The catalog was bought from the heirs of Hardin, who died in 1980. According to the announcement, the deal marks the first acquisition completed under the Raleigh and ICM Crescendo joint venture created earlier this year . As part of the deal, Raleigh Music will administer the catalog and lead its royalty collection, synchronization licensing and promotion efforts.
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“When we formed this joint venture, we said we expected to move quickly on the right opportunities,” Raleigh co-president Steven Storch said in a statement.…