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ANote Music, a European marketplace for investing in music royalties, has appointed Mathew Knowles, father of Beyoncé and Solange, and Carlo Antonelli as senior advisers.
The appointments coincide with the close of ANote’s bridging funding cycle, which will be followed by another funding round, which is expected to close in 2022, according to the company.
Right now, the company claims its total amount raised is over 1.5 million euros ($ 1.7 million)
In addition, ANote carried out a research, development and innovation program through which the company received € 400,000 from the Luxembourg Ministry of the Economy.
The funds will be spent on “market research purposes” and the development of an improved platform is expected to begin at the end of this year, the company said.
Knowles is an author, teacher, entrepreneur, artistic director and founder of Music World Entertainment, and has served as an executive producer on more than 100 award-winning albums, platinum and gold in several genres, says ANote.
Group sales of these albums topped 450 million worldwide, according to the company, and include works by Chaka Khan, Earth Wind & Fire, Destiny’s Child, Solange and Beyoncé.
Antonelli, meanwhile, was editor-in-chief of the Italian editions of Rolling Stone, Wired and GQ, and also had experience in film production.
“As a new era approaches for the music industry, I am excited to play my part in anchoring ANote’s role in it. “
Matthew Knowles
Mathew Knowles, Senior Advisor at ANote Music, said: “Since meeting ANote for the first time at an industry event in 2019, I have been very impressed with Marzio and his team’s pioneering approach to music. alternative financing solutions for music rights owners.
“As a new era approaches for the music industry, I am excited to play my part in anchoring ANote’s role in it. “
“I am delighted to share my knowledge with the team.
Carlo Antonelli
Carlo Antonelli, Senior Advisor of ANote Music, said: “The buzz around Le Vibrazioni and Zero Assoluto’s music list, as well as catalogs from publishers such as IRMA Records and Benvenuto Edizioni really piqued my interest. for ANote.
“I am delighted to share my knowledge with the team as it helps redistribute financial balance in the music industry, while allowing music fans to connect with their favorite artists on another level.”
“At this key transition point, we are honored to have Mathew and Carlo join the ANote family. “
Marzio F. Schena, ANote Music
Marzio F. Schena, CEO and Co-Founder of ANote Music, added: “Despite the challenges faced, 2021 has proven to be a defining year for the growth and development of our platform and the music industry. music in general.
“So, at this key transition point, we are honored to have Mathew and Carlo join the ANote family.
Widely recognized in the entertainment industry for his innovative approach to developing and promoting award-winning artists, we look forward to harnessing Mathew’s creative spark as we continue to make waves on rights ownership and the investment.
“Likewise, Carlo brings first-rate knowledge of the entertainment industry and will be a real asset when it comes to expanding our presence in our key markets.
In recent years, Knowles has invested and worked closely with Nigerian music startup MePlaylist.
In March 2020, Knowles made an undisclosed investment in MePlaylist, a music streaming platform founded by Olakunle Oladehin in 2017.
In October of the same year, MePlaylist appointed Knowles and Michael Kay Kiladejo to global leadership positions.
Soon after, the company signed distribution agreements with FUGA and Symphonic, adding some 7 million songs to its catalog.Music trade around the world
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