Music Royalties Inc. Launches Private Placement Offering on DealSquare
Music Royalties Inc. Launches Private Placement Offering on DealSquare
Music Royalties Inc. (MRI), a diversified portfolio owner of 27 iconic catalogs of songwriter, manager, producer and sound recording interests, announces the launch of a $20 million private placement offering on DealSquare under the symbol SONGS. Powered by NEO technology, DealSquare is a joint initiative between Silver Maple Ventures and NEO to make private markets better and more accessible. An investment in Music Royalties intellectual property represents an exciting new alternative digital asset class which is exhibiting long term growth due to smartphone adoption, increasing paid subscriptions of music services (iTunes, Spotify, Tencent), and exploding streaming growth on new platforms (Amazon, Facebook, TikTok, YouTube) which culminates in double digit income growth in a low growth world.