New York, NY (Top40 Charts) At the top of his game in the music industry, avant-garde songwriter and producer Malik Yusef has partnered with Sound Royalties, LLC. The specialty finance company is helping Yusef and other high-caliber music professionals monetize future royalty payments, without them having to sign over the rights to their work.
Sound Royalties' track record is impeccable and the personal service is unmatched... Sometimes banks don't understand the music field and what we do, but Sound Royalties is in that business and understands it.
Sound Royalties, LLC, a game-changing specialty finance company built around the needs of the music community, is thrilled to announce that highly talented songwriter and producer Malik Yusef has joined its growing client roster.
A trusted contributor for numerous chart-topping artists, Yusef is featured on Drake's new "
More Life" album, Kanye West's "The Life of Pablo," Beyoncé's "Lemonade," and Mary J. Blige's "Strength of a Woman." Yusef is currently working on a movie called "Beats," producing music for several shows on MTV, VH1 and NBC, and has his own television show also in the works, all while running his technology company The
Private Plane.
When Yusef, a six-time Grammy Award-winner and 24-time nominee, discovered that Sound Royalties is genuinely committed to transforming the way music professionals' creativity is financially compensated, he knew that partnering with the company was the best business move to further boost his career in a financially sound way.
"Sound Royalties' track record is impeccable and the personal service is unmatched," said Yusef. "If people are thinking of making a play, this is the top-tier company to deal with. Sometimes banks don't understand the music field and what we do, but Sound Royalties is in that business and understands it. I'm looking forward to making more moves with the company to stimulate the other areas of my business and create more opportunities for my fellow artists."
Sound Royalties CEO and Founder Alex Heiche added: "One of my greatest passions is working to ensure that music professionals no longer suffer financial injustices or sell in perpetuity the rights to their creations. Over the next two years, we are providing more than $100 million in funding to the music community in order to provide hard-working creatives like Malik Yusef with the upfront cash they need to successfully manage and grow their businesses without having to relinquish the rights to their music."
A company run by music people for music people, Sound Royalties has worked with hundreds of songwriters, producers and artists, and collateralized thousands of songs, without ever seeking to buy or own the copyrights in perpetuity. Word is quickly spreading about the company's unparalleled funding solutions for the previously underserved world of music professionals.
"Sound Royalties has come up with a revolutionary business model for artists in the music industry," said Yusef. "In the periods between royalty checks, Sound Royalties has become my financial bridge, which is important for me to have as a father and a husband."
Founded by CEO Alex Heiche, Sound Royalties, LLC is a privately owned and funded one-stop source that helps music industry professionals get upfront cash based on future earnings potential while allowing the artists to retain the rights to their music and royalties. The company's core business is offering noncredit-based advances and funding of anywhere from $5,000 to $10 million without having to deal with banks or traditional lenders, while preserving all rights to the artist's music. To date, Sound Royalties, LLC has worked with a wide range of leading music industry professionals, including Grammy Award winners, platinum recording artists and notable music industry executives in every genre.
