Leading Artist Services Company Helps Content Owners Navigate Fast-Growing Music Catalog Sales Industry
LOS ANGELES – Aug 9, 2021 – (Newswire.com)
As independent artists continue to take the music industry by storm, veteran artist services company Rocket Science Artist Services today announced the expansion of its music catalog brokerage program. With a focus on independent artists and labels, Rocket Science will add to its range of services by providing brokerage services for copyright and music content transactions amid the frenzy of sales and acquisitions. which currently dominates the industry. In keeping with the company’s independent roots, brokerage services will focus on growing, but underserved, music catalog sales transactions below the $ 5 million threshold.
Rocket Science is led by President Kevin Day, a music industry executive with over two decades of experience managing marketing and business development for major music labels and artist teams. He founded Rocket Science after observing the continued need to provide services to artists from major labels who often found themselves without a contract during the music industry’s contraction in the early 2000s. With independent artists who have Amassed increased market share and commercial success in recent years, Day and his highly experienced team at Rocket Science are leveraging their collective knowledge to help these artists maximize their exposure and increase their income.
âMusic catalog sales have quickly become the fastest growing segment of the music industry, with unprecedented multi-million dollar sales reported almost every week,â said Day. âBeyond the names of superstars and major ‘heritage artist’ deals, there is a growing and underserved market for independent artists and labels. At Rocket Science, we have closed several deals over the past few months and we want to ensure that our clients’ best interests and options are at the forefront when facilitating the sale of their creative content. We know the content buyers and will negotiate and present a variety of options in this complex and rapidly changing acquisition market. We look forward to discussing the options with new clients who wish to explore the many opportunities in what is often a very personal decision to sell their creative content.
While music catalog sales remain at the forefront of music industry news, the growth of the independent artist sector has contributed to the continued expansion of Rocket Science. A study published in 2020 by Raine predicted that the independent sector would generate $ 2 billion in revenue, representing a 32% year-over-year growth from 2019. Today, the independent music is the fastest growing segment of the industry, accounting for over 40% of the total recorded music industry.
To learn more about Rocket Science Artist Services, visit https://www.rocketscience.la/.
About Rocket Science
Rocket Science is an artist services platform founded in 2006 that provides marketing services, monetization assistance, and broker catalog sales. Rocket Science operates as a fully independent artist and label service platform, serving the rapidly accelerating ecosystem of independent artists and labels. To learn more about Rocket Science, visit https://www.rocketscience.la/.
Press Releases Department
Rocket Science Artist Services launches music brokerage support for independent artists and labels