Music Royalties Inc. Launches Private Placement Offering on DealSquare®

Tuesday, January 19^th marked the launch date of the $20M private placement offering for Music Royalties Inc. (“MRI”) on DealSquare, powered by NEO technology.

MRI is an artist and investor partnership that acquires song royalties for its shareholders, providing them with direct exposure to the music revenues generated by the growth of global streaming platforms. The company’s goal is to increase share value by accumulating a diversified portfolio of cash flowing royalties, which then pay a monthly dividend.

“Most people are not aware that individual song revenues are shared or ‘owned’ by 5 to 15 people, and that there are over 1 million rightsholders in North America collecting several billion dollars in passive income,” explained Tim Gallagher, MRI’s Chairman and CEO. “The top songs, classic hits, or catalogs which have become part of pop culture – or ‘humanity’s playlist’ – exhibit multi-decade income stability and in fact are growing under the paradigm shift from the physical CD to global streaming.”

An investment in MRI’s intellectual property represents an exciting, new and alternative digital asset class – one that is experiencing sustained long-term growth. “Our goal is to take MRI public in 2021, and this financing campaign will help make that happen,” continued Mr. Gallagher. “By launching on DealSquare, powered by NEO, we’ll get the exposure we need to scale up our operations, grow our already-diversified portfolio, and open up this unique investment opportunity to a wider investor base.” 

MRI’s ticker is available under ‘SONGS’ on existing advisor order entry systems. Check out the investment opportunity, now live on DealSquare.

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