Advisory

Mergers and Acquisitions

Sell-side, buy-side, and divestiture advice for owners and acquirers of catalogs and music and media companies, from preparation through closing.

For an owner considering a sale or responding to unsolicited interest, work begins with a preliminary assessment of value range and marketability. For an acquirer or fund evaluating a catalog or company, it begins with asset-level analysis and diligence findings.

Acquisition Advisory

Advice to strategic acquirers, financial sponsors, family offices, and institutional investors on the acquisition and disposition, for their own account, of music intellectual property held as assets: copyrights and master recordings, together with the income attached to them.

For a buyer acquiring or reviewing music intellectual property, work begins with an asset-level review of the catalogs held and of comparable catalogs available in the market.

Commercial Credit and Catalog Advances

Advice on advances and refinancing from unaffiliated specialty providers, through a competitive process among them.

For an owner that requires liquidity while retaining ownership, work begins with an assessment of financing capacity, followed by a competitive process among unaffiliated providers active in that asset type.

Corporate Development

Partnerships, joint ventures, licensing, and renegotiation of label and publishing agreements.

For a writer, artist, or company renegotiating a label or publishing agreement, the Firm develops the commercial negotiation strategy and term framework, working alongside the client's counsel.

Board Advisory

Guidance to boards and controlling owners on transactions and strategic alternatives, beginning with a review of alternatives and process recommendations.