Q Prime management is experimenting with a new form of investing for its Grammy-winning band Cage The Elephant.
With a co-publishing deal (which includes mechanical, public performance, sync, and print royalty streams), Cage The Elephant is the first to take part in a new offering from Royalty Exchange, which began offering royalty financing opportunities with iconic catalogs today (July 24).
Called Private Syndicates, Royalty Exchange creates Special Purpose Vehicles (SPV) designed to hold music catalogs from those top-tier artists. For Cage The Elephant, Royalty Exchange agreed to purchase the co-publishing catalog of the band’s first four studio albums, including the 2017 Grammy-winning Best Rock Album Tell Me I’m Pretty (2015), the Grammy-nominated Melophobia (2013), Thank You, Happy Birthday (2011) and their self-titled release (2008).
Accredited investors can then buy shares of that entity, which grants them a proportional share of the royalty income it generates. For Cage The Elephant, 40 individual and institutional investors participated, attracted by the potential for double-digit yield (based on the catalog’s five-year compound annual growth rate, industry growth projections, the catalog’s cash flow and other factors).
“We expected strong demand for this incredible catalog, but we were taken aback by how fast investors reacted,” said Royalty Exchange CEO Matthew Smith.
Currently, the band’s catalog is administered and publishing is co-owned by Sony/ATV, which is expected to continue in that role, notes Billboard.
The magazine goes on to explain that the “accredited and institutional investors” able to invest include Wall Street financial institutions (bank, investment bank, insurance fund or investment advisors), a pension fund, a charitable organization, trust, or corporation (with assets exceeding $5 million) or an individual (with a net worth of more than $1 million, excluding the value of that person’s home).
Justin Tomlinson Named Manager, Digital Strategy At Sony Music Nashville
/by Jessica NicholsonJustin Tomlinson
Ed Rivadavia, Vice President, Digital Strategy, Sony Music Nashville has appointed Justin Tomlinson as Manager, Digital Strategy, Sony Music Nashville. Reporting directly to Rivadavia and currently in his new capacity, Tomlinson manages day-to-day strategy for his designated artist roster, while acting as webmaster for SonyMusicNashville.com and overseeing development and content for the label group’s social media channels.
Remarks Rivadavia, “With his recent experience at RCA Inspiration, Justin brings with him a fresh perspective to digital marketing innovation. I am thrilled to welcome Justin to Sony Nashville’s Digital Strategy team.”
“It’s an honor to continue my career at Sony Music by joining the Sony Nashville team,” responds Tomlinson. “With the perpetual expansion of digital and streaming strategies, I am thrilled to implement creative initiatives all while contributing to collaborative efforts with the team, under Ed’s leadership.”
For the past five years, Tomlinson has amassed extensive experience in record label and broadcast television digital, marketing and publicity. Since June 2016, he held the position of Marketing & Digital Marketing Coordinator for RCA Inspiration, a division of Sony Music Nashville’s Provident Music Group. In this role, Tomlinson created and implemented digital marketing campaigns for such artists as Snoop Dogg, Kirk Franklin, Travis Greene, The Walls Group and Koryn Hawthorne, among other RCA Inspiration artists.
From June 2015 to June 2016, Justin Tomlinson was RCA Inspiration’s Marketing & Publicity Assistant. Prior, he was Consumer Research Analyst for Sony Music Entertainment (November 2014-February 2015) and Talent Production Assistant for Viacom/BET (January 2013-June 2014).
Tomlinson is a graduate of New York’s Five Towns College in Dix Hills, Long Island, where he received his Bachelor of Professional Studies in Music Business/Business Management in 2014. He can be contacted at justin.tomlinson@sonymusic.com.
Industry Ink: Dove Awards, Busy At Play Publishing, Music Health Alliance
/by Jessica NicholsonDate Set for 49th Annual GMA Dove Awards
The 2018 Dove Awards will be held Oct. 16 at Lipscomb University’s Allen Arena in Nashville.
Johnny Garcia’s Busy At Play Publishing Signs JoLivi
“Jolivi Pedersen is an amazing, soulful and beautiful woman blessed with a voice,” says Garcia. “Nashville has patiently waited since the decade of the 90’s, that was dominated by amazing female artists, for another timeless and soulful female to take to the airwaves. Honored to be her producer and publisher– this gonna be good, so good. Stay tuned!”
JoLivi is currently celebrating the release of her new single “Vinyl” and corresponding music video which can be seen on CMT and TCN. Alongside “Vinyl,” JoLivi also released a 3-track acoustic EP featuring a stripped back version of the single and two new tracks “Thanks To All My Exes” and “Move On.”
Music Health Alliance To Hold Free Dental Day In August
Music Health Alliance will host a Free Dental Day on Thursday, Aug. 16. Services will include exams, cleanings, x-rays and emergency extractions. The event will be held at the Music Health Alliance office at 2737 Larmon Drive in Nashville. To request an appointment, visit musichealthalliance.com.
The Lantern Tour Concerts For Migrant, Refugee Families Sets Nashville Date
/by Lorie HollabaughEmmylou Harris, Jackson Browne, Mary Chapin Carpenter, Shawn Colvin, Lila Downs, Steve Earle, and Graham Nash will perform on a fall concert series sponsored by the Women’s Refugee Commission that will visit five cities in support of families targeted by the Trump administration’s policies.
“The Lantern Tour: Concerts for Migrant and Refugee Families,” will take place from Oct. 23–28 with shows in Nashville (Oct. 23), Washington, D.C. (Oct. 25) Collingswood, New Jersey (Oct. 26), Boston (Oct. 27) and New York (Oct. 28). Not all artists will appear on all dates, and a full list of venues can be found here.
“The Women’s Refugee Commission has been on the front lines in advocating for the safety of women and children. Their work is as remarkable as it is critical, especially right now,” said Emmylou Harris, a supporter of the Women’s Refugee Commission. “It is my honor to partner with this incredible organization and to bring my friends along for what I know will be a powerful tour.”
October 23—Nashville, TN—City Winery
October 25—Washington, DC—Warner Theatre
October 26—Collingswood, NJ—Scottish Rite Auditorium
October 27—Boston, MA—Orpheum Theatre
October 28—New York, NY—The Town Hall
Musicians Corner Announces September Sundown
/by Alex ParryMusicians Corner, Nashville’s outdoor music destination since 2010, will introduce September Sundown, a new series that will take place each Thursday evening in September. The concerts will showcase local Nashville artists, and will also include a variety of food trucks, the Musicians Corner Pub, local artisans, and Kidsville activities.
“We’re excited to expand our programming to offer September Sundown in Centennial Park,” said Justin Branam, Musicians Corner Program Director. “After a warm spring, we can’t wait to return to the park in September for live music in the cool, autumn evenings.”
September Sundown will take place on Thursdays, Sept. 6, 13, 20 and 27 from 5 – 9 PM. Each event will raise awareness and donations for Second Harvest Food Bank of Middle Tennessee, the featured charity partner for the series. The Sept. 13 concert will be presented in partnership with the AmericanaFest and will feature five showcasing artists.
September Sundown 2018 Artist Line Up
Thursday, September 6
Birdtalker • Amy Stroup • Jason Eskridge • Bentley Caldwell • Albatross
Thursday, September 13
Special AmericanaFest Event
TBA • Sarah Siskind • Scott Mulvahill • Greyhounds • Great Peacock
Thursday, September 20
Adia Victoria • Liz Cooper & The Stampede • Rashad Tha Poet • Sad Penny • Cameron Bedell
Thursday, September 27
The Whigs • Skyway Man • Smart Objects • That’s My Kid • Byron Harvey
Producer Michael Knox Launches Music Knox Records With BMG
/by Jessica NicholsonPictured (L-R): Jon Loba, EVP, BBR Music Group; Zach Katz, President, Repertoire & Marketing, BMG US; Michael Knox, Jess Rosen of Greenberg Traurig; Sara Knabe, VP A&R, BBR Music Group
Music Producer Michael Knox has opened Music Knox Records in conjunction with BMG.
Through the new label imprint, Knox will focus on developing new artists, though no signing announcements have been made as of yet. Knox will also continue in his role as VP for peermusic Nashville.
“I know this sounds cliché, but it’s a dream come true for me,” Knox said. “I’m excited to work with Zach [Katz, President, Repertoire & Marketing, BMG U.S.], Jon [Loba, EVP, BBR Music Group] and the entire BMG family. Considering our history together, I couldn’t imagine a better team to work with on this exciting new venture.”
The venture follows the announcement of Knox’s radio show, Knox Country 360.
Are Institutional Investors The Future Of The Music Business?
/by Eric T. ParkerQ Prime management is experimenting with a new form of investing for its Grammy-winning band Cage The Elephant.
With a co-publishing deal (which includes mechanical, public performance, sync, and print royalty streams), Cage The Elephant is the first to take part in a new offering from Royalty Exchange, which began offering royalty financing opportunities with iconic catalogs today (July 24).
Called Private Syndicates, Royalty Exchange creates Special Purpose Vehicles (SPV) designed to hold music catalogs from those top-tier artists. For Cage The Elephant, Royalty Exchange agreed to purchase the co-publishing catalog of the band’s first four studio albums, including the 2017 Grammy-winning Best Rock Album Tell Me I’m Pretty (2015), the Grammy-nominated Melophobia (2013), Thank You, Happy Birthday (2011) and their self-titled release (2008).
Accredited investors can then buy shares of that entity, which grants them a proportional share of the royalty income it generates. For Cage The Elephant, 40 individual and institutional investors participated, attracted by the potential for double-digit yield (based on the catalog’s five-year compound annual growth rate, industry growth projections, the catalog’s cash flow and other factors).
“We expected strong demand for this incredible catalog, but we were taken aback by how fast investors reacted,” said Royalty Exchange CEO Matthew Smith.
Currently, the band’s catalog is administered and publishing is co-owned by Sony/ATV, which is expected to continue in that role, notes Billboard.
The magazine goes on to explain that the “accredited and institutional investors” able to invest include Wall Street financial institutions (bank, investment bank, insurance fund or investment advisors), a pension fund, a charitable organization, trust, or corporation (with assets exceeding $5 million) or an individual (with a net worth of more than $1 million, excluding the value of that person’s home).
Brenda Lee, Jeannie Seely, Ben Folds, Ray Stevens To Get Stars On Music City Walk Of Fame
/by Lorie Hollabaugh“This summer’s Music City Walk of Fame inductees reflect the incredible breadth of the many musical gifts Nashville has sent out into the world,” Mayor David Briley said. “Ben Folds’ sharp songwriting and piano playing, the vibrant voice Brenda Lee started sharing with country music fans as a teenager, the great vocals and stage presence that Jeannie Seely has brought to the Grand Ole Opry for 50 years, and Ray Stevens’ witty lyrics and memorable songs are all testimonials to the magic that happens every day in Music City.”
The inductees will receive the 81st, 82nd, 83rd and 84th stars on the Walk of Fame. Inductees are recognized for their significant contributions to preserving the musical heritage of Nashville and for contributing to the world through song or other industry collaboration.
Rosanne Cash To Be Honored With Spirit Of Americana Free Speech Award
/by Jessica NicholsonRosanne Cash will be honored with the “Spirit of Americana” Free Speech Award, which will be presented in partnership with the First Amendment Center. She will be honored during the Americana Honors & Awards on Sept. 12 at Nashville’s Ryman Auditorium.
As a board member of the Content Creators Coalition (C3), she has devoted her time and efforts to championing artists’ rights. Her most high-profile instance took place representing artists and the Americana Music Association in 2014 during a testimony before Congress on the issue of intellectual property rights and digital music licensing.
Cash has also been involved in advocating against gun violence for almost 20 years as a strong proponent of organizations like Giffords and Everytown for Gun Safety, among others.
Faster Horses Celebrates Successful Sixth Year With 40,000 Fans
/by Lorie HollabaughFlorida Georgia LIne
The Faster Horses Festival in Brooklyn, Michigan, raced to yet another successful run over the weekend, with 40,000 fans enjoying three days of jam-packed concerts.
Celebrating its sixth year, the festival kicked off on Friday night with headliner Blake Shelton, who took the stage following a short weather delay. Saturday night highlights included a rousing set from Brooks & Dunn, who made their first debut together at the festival due to huge fan demand.
Sunday the event closed on a high with a full-energy show from Florida Georgia Line. Along with the music, fans embraced all that the festival has to offer, including the Campsite Contest, DeeJay Silver’s Pancake Party, Faster Humans Fun Run, Hustle & Muscle Classic Car & Truck Show and more.
For the first time ever, in addition to the lineup of artists including Jillian Jacqueline, Jon Langston and Charlie Worsham, the Next From Nashville stage welcomed a “Songwriters Storyjam” with The Warren Brothers, J.T. Harding and Lee Thomas Miller sharing stories about the hits they’ve penned for country’s top artists.
Blake Shelton
Cole Swindell, Dustin Lynch, Lauren Alaina Announce Fall Reason To Drink Tour
/by Lorie Hollabaugh“Being in a place in your career to go out and headline a tour is such a rewarding feeling,” Swindell says. “Dustin and I both know that is possible because of the fans who have supported us and now we’re getting to team up together for an even bigger show! Lauren is one of the best in the business and we are lucky to have her with us. So fired up to get started.”
“Cole and I have been dreaming this tour up for a few years now,” shares Dustin. “We wanted the time to be right. And, now IT’S TIME. Can’t wait to party with y’all!”
Pre-sale tickets for the Reason To Drink…Another Tour will go on sale Tuesday (July 24) and go on sale to the public this Friday, July 27.
Reason To Drink… Another Tour:
Oct. 4: Tuscaloosa, AL @ Tuscaloosa Amphitheatre
Oct. 5: Simpsonville, SC @ Heritage Park Amphitheatre
Oct. 6: Huntsville, AL @ Von Braun Arena
Oct. 11: Wallingford, CT@ Oakdale Theatre
Oct. 12: Worcester, MA @ DCU Event Center
Oct. 13: Richmond, VA @ Richmond Coliseum
Oct. 19: Sugarland, TX @ Smart Financial Center
Oct. 20: New Braunfels, TX @ White Water Amphitheatre
Oct. 25: Missoula, MT @ Adams Center
Oct. 26: Bozeman, MT @ Brick Breeden Fieldhouse
Oct. 27: Bismarck, ND @ Bismarck Events Center
Nov. 1: San Jose, CA @ SJSU Event Center
Nov. 2: Bakersfield, CA @ Rabobank Arena
Nov. 3: Phoenix, AZ @ Comerica Theatre
Nov. 8: Minneapolis, MN @ The Armory
Nov. 9: Kearney, NE @ Viaero Event Center
Nov. 10: Wichita, KS @ INTRUST Bank Arena
Nov. 29: Duluth, GA @ Infinite Energy Arena
Nov. 30: Jackson, MS @ Mississippi Coliseum
Dec. 1: Tupelo, MS @ BancorpSouth Arena
Dec. 6: Evansville, IN @ Ford Center
Dec. 7: Moline, IL @ TaxSlayer Center
Dec. 8: Highland Heights, KY @ BB&T Arena
Dec. 13: Bossier City, LA @ CenturyLink Center
Dec. 14: New Orleans, LA @ Champions Square