Leading music managers join beatBread Advocacy Council 24 Mar 2022
Mike Caren, Ray Daniels, Kei Henderson, Nick Jarjour among founding members of beatBread Artists Advocacy Council
beatBread (www.beatBread.com), the pioneering music funding platform that enables artists to access growth capital while maintaining control of their careers and ownership of their music, today announced the launch of its beatBread Artists Advocacy Council. Among the founding members are some of today’s leading music executives who have contributed to the careers of hundreds of hit-making independent and major label artists, including 21 Savage, Bruno Mars, and Kanye West.
The beatBread Artists Advocacy Council brings together managers, A&R leaders, and industry executives to guide new feature development on beatBread’s platform as the company continues to expand its reach in the music industry and extend its platform to give artists more options and leverage to manage their careers.
Founding members of the beatBread Artists Advocacy Council include:
- Mike Caren (Artist Partner Group)
- Ray Daniels (Raydar)
- Dave Dederer (Label owner and founding member of The Presidents of the United States of America)
- Kei Henderson (Third & Hayden)
- Nick Jarjour (JarjourCo Management)
- Junaid Khan (Eyecon Management)
- Diana Rodriguez (Criteria Entertainment)
- Gabe Saporta (The Artist Group)
“We are honored that some of the leading artist advocates working today have signed on to help the beatBread team provide more artists with greater access to capital and more leverage in the new music industry,” said beatBread CEO Peter Sinclair. “beatBread’s core mission is artist empowerment. Adding the experience, insights, and advice of this amazing group will help us further develop industry leading funding products that place control and power where it belongs, in the hands of artists and creators.”
The beatBread Artists Advocacy Council will meet on a regular basis to give feedback on new features planned for the beatBread platform and provide critical advice to Co-Founders Peter Sinclair and John Haller as the business continues to expand. Since launch in November 2020, beatBread has made hundreds of advances to artists and labels across multiple genres, six continents, and a broad range of career stages. Advances offered through beatBread range from as little as $1,000 to as much as $2M per artist for a limited share of existing catalog revenues, with options also available for unreleased music. 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, publishing, synch, and merchandise revenue streams untouched, and leave the choice of marketing and distribution partners in the artist’s own hands.
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THE HEADLINES
Music industry hails proposals to crack down on ticket touting (see News)
Milestone or Millstone? Was 2024 really a good year for UK recorded music? (see Comment)
Dice CEO Phil Hutcheon on fighting dynamic pricing in the ticketing industry (see Features)
Interviews with Liz Pelly ahead of her book about Spotify and its operations (see Features)
ERA claim 2024 "a banner year for music" (see Reports)
AI is stealing from Britain's creative industries (see Opinion)
BPI 2024 figures reveal another milestone year for UK recorded music (see News)
The "ugly truth" about Spotify is finally revealed (see News)
WMG CEO Robert Kyncl addresses staff: ‘The industry is at a pivot point’ (see News)
Concerns raised over Virgin Music Group acquisition of Downtown (see News)
Creative Rights In AI Coalition calls on government to protect copyright as GAI policy develops (see News)
Virgin Music Group to acquire Downtown Music (see Business)
Majors labels' primary physical distributor Utopia Distribution Services collapses (see Business)
General Product Safety Regulation comes in to effect (see News)
End of year tours report: Coldplay recorded the most tickets sold by any artist on a single tour (see Analysis)