Sound Royalties reports 90% growth in 2022

“For thousands of creatives, this means more resources to invest, launch projects, tour, build, or manage their financial lives under the best terms in the industry,” Sound Royalties said. “Music professionals want to grow, and to grow, they are seeking capital and financing at an unprecedented rate from trusted partners.”

The company offers royalty advances of $3 000 to $10m depending on how much an artist makes a year in music royalties. It also offers catalogue sales support by providing a short-term advance to support artists until they receive their catalogue income

“We’re growing because we are serving artists, songwriters, producers, and other music creatives in the way that makes the most sense for their professional and personal plans,” Sound Royalties founder and CEO Alex Heiche said. “We’re always listening to what our customers need on a case-by-case basis and putting together personalised solutions that make financial sense.”

The company works with thousands of artists and songwriters at all various stages of their career. Some of the artists include DJ Khaled, David Tickle, Selena Gomez, Ariana Grande, Alicia Keys, Rod Stewart, U2, Sonia Leigh, Steve Dorff, and Larry Weiss, among many others.

Founded in 2014, Sound Royalties has expanded its business globally and now operates in 14 countries with more than 130 clients across three continents. It also boasts an international network of representatives.

“This huge leap in volume is a testament to our commitment to this community,” Sound Royalties president Michael Bizenov said. “It speaks to our artist-friendly programmes for creatives who are seeking to invest in their careers.”