Bank Robber Industries Acquires Rough Trade Publishing
March 15, 2016 at 11:24 AM (PT)
BANK ROBBER INDUSTRIES, the parent of NYC-based indie licensing company BANK ROBBER MUSIC, has acquired UK-based ROUGH TRADE PUBLISHING.
BRI has attained 50% of RTP's stock, with an option to purchase the remaining 50% in two years. RTP and HOUSE OF HASSLE PUBLISHING, the publishing arm of BRI, will be merging operations and going forward worldwide under the name ROUGH TRADE PUBLISHING. The new RTP will be positioned within BRI, with operations run out of its NEW YORK, NASHVILLE, LOS ANGELES and LONDON offices, and will assume HOUSE OF HASSLE's role as BRI's publishing arm.
BANK ROBBER MUSIC founder/HoH co-founder LYLE HYSEN has been appointed President of the new ROUGH TRADE PUBLISHING and will oversee global operations alongside newly appointed RTP Chief Strategic Officer/SVO Legal Affairs GANDHAR SAVUR and CFO/SVP Operations DOUGLAS SMITH. Original RTP co-founder CATHI GIBSON will stay on as Managing Director and will head the UK operation. Also remaining will be RTP Deputy Director of A&R and Creative Services MATT HARRIS.
In addition, legendary ROUGH TRADE founder GEOFF TRAVIS and longtime business partner/current ROUGH TRADE RECORDS Co-Director JEANNETTE LEE will be joining the new venture as Senior Directors of UK A&R, overseeing RTP's A&R efforts for the UK. TRAVIS and LEE's involvement in the new RTP reunites the independent industry icons with GIBSON a quarter century after she departed her post as ROUGH TRADE MUSIC GM to start ROUGH TRADE PUBLISHING.
Commented TRAVIS: "JEANNETTE and I are happy to join forces with good people who share the same philosophy of creativity, humanity and fair business practices as music publishers. We hope to help ROUGH TRADE PUBLISHING become the destination home for the best songwriters."
Creative Services for the new ROUGH TRADE PUBLISHING will be headed in the U.S. by newly appointed Head of U.S. A&R AJ TOBEY and Head of West Coast Creative SARA SMITH.
Added HYSEN: "I have been involved in underground or alternative music since I was 14 years old. Entering into this new partnership with GEOFF TRAVIS and JEANNETTE LEE marks a landmark moment for me on that same path which I set out on so many years ago. The impact that they have made on music will last forever. I look forward to working together with them and ROUGH TRADE PUBLISHING to continue that incredible legacy."
Commented SAVUR: "We thought our vision here at HOUSE OF HASSLE was unique, but we soon realized CATHI GIBSON and ROUGH TRADE PUBLISHING were doing something remarkably similar in the UK to what we had set out to accomplish in the U.S. Our views were so obviously aligned, the decision to join forces and unite our two companies was inevitable."