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PEERMUSIC ENTERS INTO HISTORIC PARTNERSHIP WITH CAT 5 MUSIC PUBLISHING CORAL GABLES, FL – October 10, 2007-- Peermusic has entered into a world-wide administration agreement with Cat 5 Music Publishing, a company operated by graduate students in the Music Business and Entertainment Industries (MBEI) program at the University of Miami’s Frost School of Music. This unprecedented liaison will bring unique benefits to both parties: Cat 5 will profit from peermusic’s worldwide administrative and creative support, while peermusic will tap into a new source of music discovered by Cat 5’s talented and perpetually young creative team. This first-of-its-kind relationship was born when Ralph Peer II learned of Cat 5 during a meeting with Dr. William Hipp, Dean Emeritus of the Frost School, and James A. Progris, Chair of the Music, Media and Industry Department, and suggested that both companies “find a way to work together.” “I’m a great believer
that ‘learning by doing’ is an important part
of an overall academic program designed for future professionals.”
Peer continued,” Such preparation by an institution
of the stature of the University of Miami is critical to
the long term viability of the music business and the creative
talent it serves. I think of this agreement as much more
than a commercial venture – it’s a symbiotic
opportunity for peermusic to participate in the thinking
of the next generation of “The creative team at Cat5 is plugged into a network of hundreds of great young musicians from within the Frost School and beyond.” says Dean Shelton Berg, “These relationships are a vital link to the discovery of new songs and new composing talent. We are very enthused about the symbiosis between peermusic and Cat5.” “As a graduate of University of Miami’s Music Industry Program, I find the idea of initiating this relationship as more than just exciting: it is logical and innovative. UM’s everlasting source of talent, combined with peermusic’s global reach and its historically proven expertise in the publishing industry, will create unprecedented opportunities for catalogue acquisition, development and exploitation,” says Ramón Arias, Vice President of Latin Operations for peermusic. Seventy-eight years after establishing its first copyright, peermusic can proudly claim to be a major and still-independent publisher. From its very beginnings, under the keen vision of legendary founder Ralph S. Peer, peermusic has consistently and relentlessly broken new ground on its way to becoming home to some of the best and brightest talent in music. Peermusic now boasts a 300,000-song-title catalog, and has more than 200 employees in 32 offices and 27 countries. Peermusic represents legendary writer/producer David Foster (The Power of Love – Celine Dion, Because We Believe –Andrea Bocelli), R&B writer/producer Tricky Stewart (Case of The Ex – Mya, Me Against The Music – Madonna & Britney Spears, Umbrella – Rihanna), Latin superstar Juanes and Donovan, among many others. For more information on peermusic, visit their Web site at www.peermusic.com. Cat 5 Music Publishing has the distinction of being the first graduate student-run music publishing company in the nation. Established in 2002, the company is staffed by master’s candidates in the Music Business and Entertainment Industries Program at the Frost School of Music. It is overseen by Program Director Rey Sanchez and music publishing veteran John Redmond. Cat 5 is a full-service publishing company, constantly seeking new music to place in films, television, commercials, multi-media, recordings, and other outlets. Recently, the company placed several songs in the internationally released motion picture “Gringo Wedding” for which it also provided music supervision services. For more information on Cat 5 or the MBEI program visit their Web sites at www.cat5music.com or www.music.miami.edu. Contacts: Ramon Arias c/o Luisa Lorie Rey Sanchez, Program Director
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