ole/Scholastic Media Ink TV Deal

FOR IMMEDIATE RELEASE

July 21, 2009

ole/Scholastic Media Ink TV Deal

TORONTO: ole (majorlyindie.com), one of the world's largest independent music publishers, has announced an important music publishing administration deal with Scholastic Media (scholastic.com), a division of Scholastic, the global children's publishing, education and media company.

Under the deal, ole, with offices in Toronto, Los Angeles and Nashville, will cultivate Scholastic's music publishing property in all territories outside of the U.S. The Scholastic deal adds to ole's dominance as a specialist in the administration of children's television; ole administers worldwide catalogues for companies such as Nelvana, Cookie Jar, WGBH, CCI and others.

ole CEO and Chairman, Robert Ott, says, "ole is proud to have been chosen by Scholastic to play an important role in the cultivation of Scholastic's music publishing property.  We pride ourselves on world-class, personalized client service and we look forward to delivering results for Scholastic." 

"ole's expertise in music publishing coupled with their specialization in the kids arena is a perfect fit for Scholastic Media," said Deborah Forte, President of Scholastic Media and Executive Vice President of Scholastic Inc, the global publishing, education and media company. 

Founded in 1920, Scholastic is the world's largest publisher and distributor of children's books and a leader in educational technology. It has developed such important cross-media brands as "Clifford the Big Red Dog®," "The Magic School Bus®," "Maya and MiguelTM," "WordGirl®," and "GoosebumpsTM," that synergize television, print, audio, games, and other media.

Since emerging as a modern force in global music publishing five years ago, ole has built a robust creative and administration capacity that seeks to add value holistically to client properties. Ott says of ole's administration methods, "We're very disciplined about fully collecting for our clients. We're forensic in our analysis of broadcast vs. earning data, which enables our aggressive, proactive approach to resolve any deficiencies we identify."

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about ole

ole is one of the world's largest independent, full-service music publishers, with offices in Toronto, Nashville and Los Angeles. ole boasts a team of 30 experienced industry professionals focused on acquisitions, creative development and worldwide administration.

The ole catalog includes over forty thousand songs and thirty thousand hours of TV music across all genres.

Notable ole awards include Canadian Country Music Association Publisher of the Year honours for 2007 & 2008;   2008 ASCAP "Most Performed Song" Award for Josh Turner's, "Me and God"; SOCAN International Television Series Music Award for "Franklin" and Domestic Animated Television Series Music Award for "6Teen; and SESAC Awards in 2008 for Recurrent Country Performance Activity Award for "Teardrops on My Guitar" and Country Performance Activity Award for "Picture to Burn", both co-written by ole's Liz Rose and performed by Taylor Swift. 

ole is an expert in administrating and sub-publishing music copyrights and has concluded worldwide publishing administration agreements with some of the world's leading film and television producers.  ole's owned and controlled catalogue in children's television is one of the world's largest.

Staff songwriters and composers include: Jack Lenz, Gerald O'Brien, Mark J. Feist, JC Smith, Rupert Gayle, Tebey, Gilles Godard, Rebecca Everett, Mladen, Willie Mack, Kelly Archer, and Roger Springer. ole also administers for songwriters David Kopatz and Dr. Alex Tsisserev of Mad Love Music.

ole co-ventures include Last Gang Publishing, representing artists Mother Mother, O'Luge, Rides Again, Let's Go To War, Panurge, Murray Yates (Forty Foot Echo), and Steven Dall. Nashville-based co-venture Roots Three Music includes songwriters Chris Thorsteinson, Murray Pulver and Dave Wasyliw of Doc Walker, Bruce Wallace, Steven Lee Olsen, Denny Carr, and Kaci Bolls. ole's urban co-venture with Tanjola (formerly ib Entertainment) has brought Dru, Alonzo, Haydain Neale, Alex Greggs and Shiloh to the roster.

Notable copyrights for ole include the Taylor Swift singles "White Horse", "Tim McGraw," "Picture To Burn" and the iTunes No. 1 Selling Country Song of 2007 "Teardrops On My Guitar", Kelly Clarkson's Billboard #1 single "Miss Independent", "Can't Hold Us Down" by Christina Aguilera and Lil' Kim, "Cause A Scene" by Teairra Mari featuring Flo Rida, "Black Velvet" by Alannah Myles, Craig Morgan's "That's What I Love About Sunday" (2005 Billboard Country Song of the Year), "Shoes" by Shania Twain (from the album Music Inspired by Desperate Housewives), Sean Paul's "Change the Game", Trace Adkins' "High", "Long Black Train" by Josh Turner, and "It Was Me" by George Strait. Recent ole cuts include "I'm Already There" by Westlife, "After Tonight" by Justin Nozuka, "Once In A While" by Akon, Kristy Lee Cook's "15 Minutes Of Shame", "Another Pot O' Tea" by Anne Murray/Emmylou Harris, "You Got Me Runnin" performed by Doman + Gooding and written by Dru and Rupert Gayle, "Streetlights" performed by Kevin Borg and written by Steven Lee Olsen, "Lies" performed by Martin McBride and written by Gerald O'Brien, "Goodbye, You Suck" by Shiloh and five songs on the latest Road Hammers album, Road Hammers II.

About Scholastic

Scholastic Corporation (NASDAQ: SCHL) is the world's largest publisher and distributor of children's books and a leader in educational technology and children's media. Scholastic creates quality educational and entertaining materials and products for use in school and at home, including children's books, magazines, technology-based products, teacher materials, television programming, film, videos and toys. The Company distributes its products and services through a variety of channels, including proprietary school-based book clubs and school-based book fairs, retail stores, schools, libraries, television networks and the Company's Internet Site, www.scholastic.com.

About Scholastic Media

Scholastic Media (SM), the entertainment and media division of Scholastic, is a leading producer of quality, family-oriented content across multiple platforms, including feature films, television programming, videos, interactive and audio products, and web sites, and is a major developer and marketer of children's brands worldwide.