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Music royalties are a hit among yield-hungry investors - Vimarsana News

Music royalties are a hit among yield-hungry investors

The portfolio of Toronto-based Music Royalties Inc., which plans to go public this year, includes songs from contemporary artists such as Drake, pictured in London in 2015, as well as legendary bands including the Rolling Stones, the Who and the Kinks. THE CANADIAN PRESS/AP, Invision - Jonathan Short Jonathan Short/The Associated Press The Rolling Stones, Fleetwood Mac, Madonna, Drake, Justin Bieber and the Weeknd have topped music charts during different decades thanks to diehard fans. Now, their songs have struck a chord with yield-seeking investors, too. Welcome to the music-royalty gold r...

Canada's Anthem Entertainment ups spending power by $550m with new credit facility - Vimarsana News

Canada's Anthem Entertainment ups spending power by $550m with new credit facility

Music Business Worldwide March 2, 2021 Anthem Entertainment has a lot more money at its disposal. The acquisitive Canadian music rights and services company – formerly known as Olé Entertainment – has announced that it has secured a new revolving credit facility of USD $400 million, plus a USD $150 million accordion. (An accordion allows a borrower to incrementally increase the amount of its availability under an existing credit facility.) In addition, the Ontario Teachers’ Pension Plan has pumped an additional undisclosed amount of money into Anthem, taking a bigger equity stake in th...

Canadian music fund aiming to spend $200m launches, led by Michael McCarty - Vimarsana News

Canadian music fund aiming to spend $200m launches, led by Michael McCarty

Music Business Worldwide February 23, 2021 Michael McCarty There’s a new megabucks music fund on the prowl for copyrights – and it’s waving a maple leaf flag. Kilometre Music Group is a new music rights management company from Canadian music biz veterans Michael McCarty, Gavin Brown and Rodney Murphy. It’s specifically looking to buy a whole lot of music rights created in Canada. Kilometre has partnered with independently-owned, Toronto-based investment firm Barometer Capital Management Inc., which currently manages more than $1 billion in assets. The two companies have formed the Bar...

Aerin Lauder Interview About How Florida's Palm Beach is Booming - Vimarsana News

Aerin Lauder Interview About How Florida's Palm Beach is Booming

Nicholas Mele Early in the Covid-19 pandemic, Jeffrey Tousey, the thirtysomething founder of social media agency Beekman Social, and his partner, developer Billy Gilbane III, looked out the windows of their country home among the Finger Lakes in upstate New York and saw snow coming down. It was May. The couple knew they didn’t want to spend another winter—or even a spring—up north. Having both taken their work fully remote, they sought a warmer clime, but somewhere in the same time zone and with direct flights to New York. They decided to house-hunt in Palm Beach. “We’d scroll thr...

'Titan of Tremolo' drops new album - Vimarsana News

'Titan of Tremolo' drops new album

By Doug Hill for The Transcript Jan 22, 2021 Jan 22, 2021 Terry “Buffalo” Ware brought together a combo of highly talented friends to record his new album “Isolation Reverberation.”Photo provided The global pandemic has been an obstacle for some and a challenging inspiration for others. In the case of Norman master guitarist Terry “Buffalo” Ware, it’s the latter. Late last year he released an eleven-track album of new instrumental music titled “Isolation Reverberation.” The title, cover art and several of the song titles are nods to COV...