It has been reported that Sound Royalties want to help indie record labels to get quick cash, depending on the expected salaries of their catalogs. Sound Royalties, LLC, is a significant music finance corporation. Their new financial item allows merchandisers to give advances to current labels through the Edge Funding Program. The company works with music distributors to budget royalties and supply increases.
“We have made significant gains in easing the flow of funding on the publishing copyright side of the music business. As we continue to expand in providing all things money for music, this program significantly advances our support for the master side of the music industry. This is an exciting moment for us to launch a new transformative program that will change the way distributors are able to fund content for labels.” - Alex Heiche, CEO & Founder of Sound Royalties, LLC
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