Sound Royalties Obtained by GoDigital, MEP Capital in ‘Excessive Eight-Resolve’ Deal

Primarily based in 2014 by Alex Heiche and backed by York Capital, Sound Royalties affords funding to song creators towards royalties from all major sequence societies, labels, publishers and distributors for a finite length. Creators who profit from of the provider earn to abet their copyrights, besides to ongoing royalty money float over the amount financed. The company caters to both emerging artists, songwriters and producers and established hitmakers, at the side of the likes of DJ Khaled, Lil Wayne, Pitbull, Wealthy Robinson and Wyclef Jean.

In his private assertion, Heiche said that joining GoDigital “will allow us to expand our expertise platform and develop more fleet, while retaining the capacity for creatives to talk and work straight with our skilled Royalty Specialists to be particular they earn the most efficient financing that fits their specific wants.”

GoDigital, which Peterson primarily based in 2006, is excited by song, video and ticket mental property rights management. On the song aspect, the company furthermore owns Cinq Tune, AdShare and VidaPrimo, besides to particular-hobby video networks at the side of Latido Tune, mitú and YogaWorks. Its ticket management division operates ecommerce retailer mitú store and produces and distributes artist merchandise, amongst other endeavors. Last year, GoDigital added the Beluga Heights tale impress and its Jason Derulo catalog to the company’s song division.

The sellers had been represented in the deal by Stephens, Inc and Kramer Levin, Naftalis and Frankel, LLP; Stubbs, Alderton and Markiles, LLP represented GoDigital.