Sound Royalties to Collaborate with Yangaroo, Creating Pipeline to Funding Resource for Record Labels and Artists
Alliance Provides Access to Royalty-Based Financing Options
August 11, 2020 10:51 AM EDT | Source: Reportable, Inc.
Los Angeles, California--(Newsfile Corp. - August 11, 2020) - Sound Royalties, a specialty finance company providing royalty-based financing to creatives in the music industry, today announced a new corporate relationship with YANGAROO Inc. (TSXV: YOO) (OTC: YOOIF), the software leader in workflow management and media distribution solutions for the entertainment and advertising industries.
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Key Takeaways
- In these times of cancelled live shows, musicians can access future royalty income now without risking possession of their copyrights.
- New collaboration by music industry leaders provides streamlined tools and services to help musicians.
- Music creatives gain a reputable resource to finance their careers and promote their art.
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About Sound Royalties
Sound Royalties, LLC is a privately-owned specialty finance firm that helps music industry professionals fund personal and professional projects without ever taking ownership of their copyrights, allowing for pass-through income, and empowering creatives to choose from a variety of flexible pricing options. The company's core business is offering royalty advances of anywhere from $5,000 to the tens of millions. It does this by advancing artist, producer and songwriter royalties paid through music labels, distributors, publishers and PROs such as BMI, ASCAP, SESAC, SoundExchange and many more. Sound Royalties works with a wide range of music industry professionals, including GRAMMY Award winners, platinum recording artists and notable music industry executives in every genre. Learn more at https://soundroyalties.com.
About YANGAROO
YANGAROO is a company dedicated to digital media management. YANGAROO's patented Digital Media Distribution System (DMDS) is a leading secure B2B digital cloud-based solution focused on the music and advertising industries. The DMDS solution provides more accountable, effective, and far less costly digital management of broadcast quality media via the Internet. It replaces the physical, satellite and closed network distribution and management of audio and video content, for music, music videos, and advertising to television, radio, media, retailers, and other authorized recipients. The YANGAROO Awards platform is now the industry standard and powers most of North America's major awards shows.
YANGAROO has offices in Toronto, New York and Los Angeles. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under (OTC: YOOIF). For further information, please contact Gary Moss at 416-534-0607 ext.111 or visit www.yangaroo.com.
Contact:
Jack Glasure
jglasure@fwv-us.com
813.415.4454
Media
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