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
How Live Nation calls the tune for the live music industry (see Features)
How economic volatility will impact US labels’ fandom monetisation push (see Comment)
Spotify is said to be raising its subscription prices across Europe and Latin America (see Digital)
Culture Secretary to review the Music Export Growth Scheme (see News)
The music industry wants solutions. But do listeners see problems? (see Comment)
The next generation of independent music tastemakers (see Features)
BPI survey confirms music consumers believe human creativity is fundamental to music (see Reports)
Eight UK cities join forces for 'Music Fans Voice' survey (see Reports)
Did the Spotify 1,000 stream rule cost artists $47m?
Meet the editors crafting some of Spotify’s top playlists (see Features)
Two Guardian music writers spent a week assessing the limits of living with and without Spotify (see Features)
Ruth Barlow of AIM and Beggars Group on UMG, Downtown and why she believes ‘regulators must act’ (see Comment)
Jack Dorsey says it’s time to ‘delete all IP law’ — and Elon Musk agrees — amid continued AI training debate (see News)