A new financing platform has entered the fray, with ambitions to become the “largest funder of independent music globally”.<\/p>\n
Pipeline<\/strong>, backed by Matt Spetzler’s<\/strong> investment firm Jamen Capital<\/strong>, has raised over USD<\/strong> $200 million<\/strong> in capital and aims to help independent music companies “unlock the value of their intellectual property, in order to drive growth and scale”.<\/p>\n Emerging from stealth after more than a year of development, Pipeline<\/strong> says it’s looking to address an “imbalance”<\/strong> between the independent music sector and major music corporations.<\/p>\n Pipeline <\/strong>hopes to use its financing solution to ensure indie companies and creators avoid “the need to turn to third-party acquisitions or onerous deal terms”.<\/p>\n Spetzler<\/strong>, who serves as Founding Partner of Jamen Capital and Co-Founder and Executive Chairman of Pipeline, is well known in the music financing space.<\/p>\n He has completed more than 10 investments in music\/audio, totaling over $5 billion<\/strong> in value, and currently serves on the boards of companies including Kobalt, Soundtrack, Recognition Music Group, <\/strong>and Muse Group.<\/strong><\/p>\n Before launching Jamen Capital, Spetzler was\u00a0a Partner and Co-Head of Europe at private equity firm\u00a0Francisco Partners,\u00a0<\/strong>where he played a key role in the firm’s ~$750 million<\/strong> majority acquisition<\/span>\u00a0of Kobalt Music Group<\/a> in 2022.<\/p>\n Pipeline<\/strong> says it has assembled a leadership team with “decades of combined experience across music, investing, finance and technology”, which has\u00a0<\/span>“evaluated, invested in, or operated more than $8 billion<\/strong> in music IP, spanning labels, publishing, distribution, and analytics businesses”.<\/span><\/p>\n Pipeline, which benefits from Jamen’s flagship operating platform<\/strong> in music and creator finance, <\/span>was advised by Raine<\/strong> and Moore<\/strong> &<\/strong> Van<\/strong> Allen<\/strong> for its fundraising and launch.<\/p>\n “Our ambition is to become the largest funder of independent music globally”<\/p>\n Matt Spetzler, PIPELINE<\/span><\/p><\/blockquote>\n Pipeline <\/strong>arrives amid an expanding landscape of alternative funding options for indie artists, labels, and distributors.<\/p>\n Music financing platform beatBread<\/strong> has deployed<\/a> over $100 million<\/strong> across 1,700 funding agreements since its founding in 2020.<\/p>\n Last year, beatBread<\/strong> raised<\/a> $124 million<\/strong> in fresh funding, including equity capital from\u00a0Citi, Deciens Capital, Mucker Capital,\u00a0<\/b>and Advantage Capital.<\/b><\/p>\n