Music Benefactors and other forces for change in music industry finance

Music Benefactors, an SEC-registered investment platform that assists recording artists in raising capital for their projects, is in large part a reaction to dysfunctions in the established system of financing in that industry, according to Matt Lutz, its founder and CEO.

“The big labels aren’t into the development of talent any more,” Lutz said in a recent interview, so there is “no way to let an independent artist get funding” except by working to create an alternative system.   

Music Benefactors received a fair amount of attention recently when it moved . . .

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Christopher Faille

Christopher Faille has written on a variety of legal, regulatory, and financial issues for decades. He is the author of "The Decline and Fall of the Supreme Court" (1995), for example, and the coauthor, with David O'Connor, of "Basic Economic Principles" (2000). He was an early reporter with Lipper HedgeWorld and has contributed to Forbes and to the Hedge Fund Law Report.

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