What is Rostrum Records' strategy for growth?

Rostrum Records plans to acquire music catalogs and actively increase their value under its management.

Who recently signed with Rostrum Records?

Rostrum Records most recently announced the signing of artist Kaash Paige.

What does Crayhill Capital Management specialize in?

Crayhill Capital Management specializes in asset-based finance and provides tailored capital solutions.

Home / Business and Economy / Rostrum Secures Major Funding for Music Catalog Expansion

Rostrum Secures Major Funding for Music Catalog Expansion

11 Dec

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Summary

Rostrum acquired funding to purchase music catalogs.
The company aims to increase the value of acquired songs.
Rostrum previously launched careers of notable artists.

Rostrum Secures Major Funding for Music Catalog Expansion

Rostrum, a prominent music company that includes Fat Beats and Cantora Records, has announced the successful closure of a significant funding round. This investment is earmarked for acquiring music catalogs, with a clear strategy to enhance the value of these assets. Rostrum has a proven track record, having been instrumental in launching the careers of acclaimed artists such as Mac Miller and Wiz Khalifa.

The financing was led by Scott Margolin, Rostrum Pacific's chief financial officer, who emphasized the confidence in Rostrum's partnership-driven approach to generating returns. Margolin stated that the backing will expand the company's reach and deepen its commitment to ensuring music under its purview receives proper exposure. The focus remains on actively growing catalog assets, whether through acquisition or by leveraging its existing 20-year-plus catalog.

Investment adviser Crayhill Capital Management, founded in 2015 with $2.9 billion in assets under management, spearheaded the funding. Jihane Hassad, Director at Crayhill's TMT Investment Group, praised Rostrum's in-house model for value creation and growth. Crayhill's tailored capital solutions will empower Rostrum to pursue catalog opportunities of any scale and integrate them into its established independent ecosystem.