Sound Royalties launches US West Coast unit led by StessCo’s Andrew Stess and David Blutenthal
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Florida-headquartered finance agency Sound Royalties has expanded into the US West Coast, appointing Andrew Stess and David Blutenthal of music, gaming, and media consultancy agency StessCo to guide the brand new unit.
“Our representatives purpose to know a artistic’s funding objectives earlier than providing them a custom-made financing plan, and there’s no higher manner to do that than by hiring globally savvy, however domestically educated music trade representatives like Andrew and David,” Alex Heiche, CEO and founding father of Sound Royalties, mentioned.
Stess has spent 25 years within the music trade, working as a advisor for firms like LyricFind, Sprint Radio, Tuned World, Music Story, Wyze, Melodie, Sprint Radio, Span Digital, and extra.
Blutenthal is described as “a patent-holding innovator” who “makes a speciality of supporting firms and entrepreneurs as they develop”.
With StessCo, Stess and Blutenthal served asadvisors, educators, and “cross-pollinators,” in line with Sound Royalties.
By means of the brand new alliance with Sound Royalties, StessCo goals to work with artists, rightsholders, and music firms to safe financing to help their excursions or their subsequent huge initiatives.
Sound Royalties has beforehand offered financing to artists like DJ Khaled, Lil Wayne, Pitbull, and Wyclef Jean. It helped Lil Wayne finance a variety of initiatives in 2018. It affords royalty advances of $3,000 to $10 million relying on how a lot an artist makes a 12 months in music royalties. It additionally gives short-term advance to help artists till they obtain their catalog earnings.
The latestv and its networks in Nashville, Miami, New York, and abroad in Canada, the UK, and Latin America.
The West Coast launch got here a month after Sound Royalties expanded into Canada, with Vanessa Thomas, a music trade veteran, named because the unit head.
“Our representatives purpose to know a artistic’s funding objectives earlier than providing them a custom-made financing plan, and there’s no higher manner to do that than by hiring globally savvy, however domestically educated music trade representatives like Andrew and David.”
Alex Heiche, Sound Royalties
“Our worldwide and regional groups are important to raised serving our prospects, assembly them the place they’re and offering essential capital to help their particular person plans as creatives,” added Heiche.
Talking about StessCo’s partnership with Sound Royalties, Andrew Stess mentioned: “We love the folks at Sound Royalties and really consider within the product.”
He added: “David and I really feel assured we are able to carry worth to our community of artists and music professionals, and we’re already seeing a few of the first fundings start to take form. It’s great to help a robust firm like Sound Royalties as they construct extra enterprise in markets like Los Angeles and the Bay Space.”