beatBread brings business affairs in-house with new appointment
17 May 2024 - Press releasebeatBread (www.beatBread.com), the AI-driven funding platform for music that enables artists and labels to access growth capital while maintaining ownership and control, has appointed Julian Dunn as Director of Business Affairs, to provide legal and business affairs support across all aspects of beatBread's business.
A Stanford University and Columbia Law School alumnus, Dunn comes to beatBread from the B2B software space, where he helped build out go-to-market legal operations as an early employee at Segment (acquired by Twilio) and Hightouch. Prior to being in the Bay Area startup scene, Julian spent four years as a corporate attorney at Orrick, Herrington & Sutcliffe, specializing in public sector debt financings.
beatBread CEO Peter Sinclair commented, "As we deliver against our mission to empower artists, labels, and publishers, we continue to increase legal governance and complexity. Julian will help us navigate ongoing growth in customer touchpoints, and ensure that we continue to protect the interests of our clients and the organization."
Julian Dunn said: "As a music lover, I'm excited about the opportunity to bring my expertise to a company that is advancing opportunities for independent artists and labels. This is a fast-moving space and I'm looking forward to helping the company establish its in-house business affairs capabilities."
Since its launch in late 2020, beatBread has funded artists, songwriters, independent labels and distributors on six continents, with funding amounts ranging from as little as $1000 to $5 million. beatBread advances funds on existing catalog, as well as new and unreleased music, providing growth capital for working artists and songwriters. All advances are repaid from a share of an artist's streaming and airplay revenues, over a period of the artist's choosing. Advance agreements leave touring, synch, and merchandise revenue streams untouched; do not place restrictions around how funds are used; and leave the choice of marketing and distribution partners in the artist's own hands.
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