Another day, another flood of music industry deals. How does one keep track? In an effort to provide an overview of the latest acquisitions, mergers, joint ventures, licensing agreements and more, every other week Billboard publishes a list of all of the latest pacts that hit our radar.
Related
Deftones Rights Sale to Warner Music Follows Explosive Growth in Catalog Activity
Ed ChristmanMerlin struck a partnership with Pipeline, “a specialist provider of innovative financing solutions for the independent music sector” that launched earlier this month with more than $200 million in capital, according to a press release. Through the deal, Pipeline will provide advances to Merlin member companies against digital royalties generated by Merlin. The service is optional, and participation doesn’t prevent Merlin members from striking financing or commercial arrangements with other entities. Companies that receive the advances will retain total control over their rights and assets.
Pipeline was founded by media and IP-focused investment firm Jamen Capital.
“Merlin’s partnership with Pipeline is a gamechanger,” said Charlie Lexton, CEO of Merlin, in a statement. “We can now offer Merlin members a streamlined path to advance funding that doesn’t require them to compromise their rights or business plans. We’re supporting our members’ ability to compete, while preserving their freedom to work as they choose. Merlin members work on their own terms. They need support that speeds them up, not processes that slow them down. With Pipeline, we have found a partner that understands that, and together we have developed an offering that meets that challenge.”
Added Matt Spetzler, founding partner of Jamen Capital and co-founder and executive chairman of Pipeline: “Merlin represents the heart of the independent music sector, and we’re proud to partner with them on a solution that addresses a long-standing gap in the market. Advances against digital royalties for the independent music community are now not only possible, but practical and scalable. Our goal with Pipeline is to provide transparent, creator-friendly capital, and this partnership allows us to deliver that value directly to Merlin members worldwide.” — Chris Eggertsen
Read on for more music industry deals.
Hence then, the article about the deals merlin partners with pipeline for label advances range sports buys bonnaroo founder superfly was published today ( ) and is available on billboard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( The Deals: Merlin Partners With Pipeline for Label Advances; Range Sports Buys Bonnaroo Founder Superfly )
Also on site :
- Musk mulling mega-mergers – Bloomberg
- Can Cell Phones Stop ICE?
- Kurdish-led SDF agrees integration with Syrian government forces