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.
Shrek Score Royalty Rights Sell for $2 2M
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Exclusive Track Premiere: Hunting from PIG--Original Motion Picture Soundtrack
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The electronic, orchestral, compositional group known as HYBRID got started back in the ‘90s, initially creating remixes of songs. Their career now spans several full-length albums and countless compositions for film; notable movies that feature their music include the Fast and Furious franchise and
X-Men Origins: Wolverine. The band is fronted by Mike and Charlotte Truman.
The group’s latest album,
Black Halo, will be released on July 9.
Read on for our interview with HYBRID, where we discuss musical inspirations, songwriting, and the new record.
What was your initial journey with music, and what inspired you to get started with remixing?