Rezonant Music Publishing Opens With Wipperman, Velletri, Walter

Pictured (L-R): Tim Wipperman and Garry Velletri

Rezonant Music Publishing has opened offices in Nashville, New York, and Los Angeles. The company is led by CEO Tim Wipperman, Exec. VP Creative Garry Velletri, and financial consultant Alan Walter.

Wipperman, a former executive at Warner Bros. Music (now Warner/Chappell Music), will be based in Nashville, while longtime Bug Music executive Velletri will be based in New York. Walter will be based in Los Angeles. His career stops have included Bug Music, Famous Music, and MCA Publishing.

The company has entered into a catalog, co-publishing and joint venture deal with hit songwriter Kevin Kadish and will represent his music moving forward. Kadish’s previous success includes co-writing and producing Meghan Trainor, including the hit “All About That Bass.” Under this joint venture, Kadish has signed writer/artist Jake Scherer to his new publishing venture.

Rezonant has also acquired rights to songwriter Matt Jenkins’ catalog and will be working in conjunction with Combustion Music and Warner/Chappell to exploit his catalog.

Rezonant will be fully funded by an L.A. and New York-based private equity fund that manages more than $750 million in assets. Wipperman says the funding will allow the new company to work aggressively to sign writers and to acquire existing companies and catalogs.

“Too often in today’s catalog acquisition model, larger publishing companies buy out a majority share of another publishing catalog, and then eliminate the people with the historical knowledge,” Wipperman says. “We see that as a mistake. They jettison the creative engine and too many great songs get lost. That means, not only is there fifty pounds of intellectual property in a five pound sack, but too few knowledgeable staff to mine the songs and work with the writers. Our goal is to create real equity partnerships with the prior owners and build value with them for the future.”

“We see this as a great opportunity to partner with the talent that creates the songs, both writers and other publishers,” Velletri explained. “Tim and I have a long history of putting the music first and we both knew what kind of company we wanted to create when we talked about starting a new publishing company. We wanted it to be a new KIND of publishing company. What separates us from the pack is that we do look at these catalog acquisitions and co-venture deals as partnerships. There is a wealth of great music that hasn’t been given the opportunity to be heard. We hope to change that.”

Rezonant’s Nashville office is located at 1209 16th Ave. South. Rezonant’s New York office is located at 332 Bleecker Street, D46.

Wipperman can be reached at timwipp@rezonantmusic.com. Velletri can be reached at GarryV@rezonantmusic.com.