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
Viagogo's anti-consumer practices show why only a price cap can stop law-breaking ticket touts (see News)
Q1 album chart suggests 2024's issues presenting new British music continue (see Comment)
Spotify responds to Kate Nash criticism with £500k payout claim (see News)
Fandom reciprocity: Why sustaining a community requires give and take (see Comment)
Everyone wants to monetise fandom – but we must fix fan data first (see Comment)
Music truly matters – so how can we plan better for its future? (see Comment)
TikTok sale fails to complete; lawsuits could hinder process (see Digital)
Government could delay new AI copyright laws by up to four years (see News)
If the internet dies, where does all the attention go? (see Comment)
The Tony Blair Institute's proposals on AI & copyright are a shambles (see Comment)
Is streaming to blame for songs getting shorter? (see Analysis)
Impala encourages competition authorities and the EU to scrutinise UMG-Downtown deal (see News)
Report presents "progressive solution" to prioritise AI advancement over established creator rights (see Reports)
The AI tipping point is happening (see Comment)
Music is losing a generation of young men (see Comment)
Pophouse Entertainment raises over €1bn for its first fund (see Business)