Stuart Ford’s company has launched IM Global Music in partnership with music industry executive and former Miramax colleague David Schulhof.

The latter will serve as president and as a partner of the New York and Los Angeles headquartered new business.

Schulhof (pictured at left with Ford) will oversee the creative and business direction of IM Global Music and administration and collection of the music publishing catalogue as well as marketing the catalogue for ancillary revenue opportunities in film, television, advertising and gaming.

The new division will also acquire songwriter catalogues, production libraries and other music-related assets; partner with major record companies to release soundtrack albums; work with established recording artists and songwriters to write and record original film and television songs and scores; and develop music-driven film and television projects.

Prior to launching IM Global Music, Schulhof was managing director at private equity firm G2 Investment Group, overseeing the firm’s media investments such as the $200m capitalisation of Round Hill Music Group.

He co-founded and served as CEO of music publisher Evergreen Copyrights, building a stable of songs from Michael Jackson, Eric Clapton, Snoop Dogg and others.

He also served as vp of motion picture music at Miramax and Dimension films.

“Developing a music-driven operation within the IM Global studio structure has been an ongoing goal of mine, and we’re privileged to have David come onboard as president to run IM Global Music,” said Ford.

“I am thrilled to be reuniting with Stuart after many years of working together at Miramax and Dimension Films,” said Said Schulhof.

“Stuart and his team have built a first class film and TV operation at IM Global and I am proud to lead their expanded effort into music which is a natural extension of their business.”

IM Global COO Chris Bosco brokered the deal with Harold A Flegelman of Loeb and Loeb on behalf of Schulhof.