Company sees long-term earnings potential from popular franchise
It s the music licensing and publishing company s largest deal
Dreamworks It’s not every day that we come across such a unique opportunity as this, North Star Media CEO Jordan Dorfman said of the Shrek catalog. Twenty years after the hit animated film Shrek charmed theater audiences, North Star Media, a Bloomfield Hills-based music licensing and publishing company, has acquired the royalty rights to all of the original music from the award-winning film franchise.
The family-owned company bought the original composition royalty rights in a $2.2 million cash deal at an auction from Royalty Exchange on July 20, North Star President and CEO Jordan Dorfman told Crain s.