TORONTO, ONTARIO--(Marketwired - July 17, 2013) - ole has struck a music publishing co-venture deal with iconic super-producer Timbaland, expanding on an earlier publishing deal signed in 2012. Under the deal, Timbaland, doing business as Blue Stone Music Publishing, will co-sign third party writers he sources. Industry veteran Eric Spence, a key member of the Mosley Music Group, the globally successful record label founded by Timothy Mosley (aka Timbaland) in 2005, will be at the helm of the venture's operations.

"ole looks forward to extending our relationship with Timbaland and developing exciting new Creative talent together," says ole CEO Robert Ott. "We have a lot of confidence in Eric and look forward to a successful venture."

"I'm very excited about this new venture with ole. I look forward to us finding exceptional talent," remarks Timbaland, "There are so many gifted writers looking to make their mark and ole-Blue Stone will be home to the very best of them."

"The ole-Blue Stone co-venture will be an amazing opportunity for writers to profit from fulfilling their creative potential," adds Eric Spence.

For the past twenty years, Timbaland has helped to define the sound of a generation. When Billboard counted down the most successful songwriters from January 1, 2000 to May 7, 2011, the GRAMMY Award-winning songwriter/artist/producer held down the penthouse position on a Top 20 list that included the biggest names in the contemporary music world. In just the past four months, Timbaland has been a driving creative force as co-writer/producer behind three of the most highly-anticipated and top-selling recording projects of 2013 from Justin Timberlake's The 20/20 Experience, which boasts two platinum singles, "Mirrors" and "Suit & Tie," and sales of close to seven million worldwide, to Jay-Z's platinum-certified Magna Carta Holy Grail and Beyoncé's upcoming 5^th studio album.

His catalog contains some of the biggest hits in recent chart history including #1 songs from Justin Timberlake, Nelly Furtado, Aaliyah and his own single, "Give It To Me," as part of his successful career as a recording artist which has produced three solo albums to date. As a producer, a talent for which he first received acclaim in the mid-'90s with full-credit work on albums by Ginuwine, Aaliyah and Missy Elliot, Timbaland has worked with an A-list of artists including Madonna, Mariah Carey, Usher, Eminem, Ludacris, Kanye West, Snoop Dog, Limp Bizkit, No Doubt, The Black Eyed Peas and Alicia Keys, among many others.