Polyphonic Featured In The New York Times
From left to right: Terry McBride of Nettwerk Music Group, Adam Driscoll of Mama Group, Brian Message of ATC
The New York Times featured a story yesterday on the front page of the Business Section about Polyphonic, the new artist investment business model from Terry McBride of Nettwerk Music Group, Adam Driscoll of Mama Group and Brian Message of ATC. Click here to read the article.
Similar stories have run in CBC News, Music Week, Billboard (attached) and more.
Founded with an initial financial commitment of more than $20 million for its first year of operation (and with significant additional capital available thereafter), Polyphonic will seek to partner with artists and their management, providing the capital to enable them to operate their own businesses, retain their own copyrights and take a fair share of any profits that are generated. Essentially, Polyphonic will invest directly into artist businesses, thereby offering an alternative to the traditional label-driven investment model of the music industry.
Press contact:
Danielle Romeo | romeo@nettwerk.com
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23/07/2009 -
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