Forums: Discussions for entrepreneurs and small business.

I am the owner of a music label group that is currently looking for investment.  We are capital ready and are distributed by Sony Music and digitally through I.O.D.A.(Independent Online Distribution Alliance)  For the last 5 months me and my partner have been meeting with investors.  But due to the economic climate it has been very difficult.  I thought I would post and see if anyone had any ideas on looking for a consultant or perhaps a law firm that deals with entertainment investment.  Our business plan is solid, we have great resources, we just need the capital.  I appreciate any thoughts or ideas.

EddieS,

If you have been meeting with investors for the past 5 months without any interest or results, then probably one (or more) of the following needs to be addressed:

1. Everything is not completely Capital Ready
2. You are not approaching the "right" capital sources.
3. Your "deal" isn`t "right" for the people you talk to.

If you want to discuss the specifics of your situation (in confidence) send me a message using robert@bizgrowthmasters.com

 

 

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Hello Marcelt and Robert J.

I appreciate both of you taking the time to read and reply to my post.  Marcelt if you are interested in hearing details about our company feel free to drop me an e-mail at edward (at) mergmusic.com.  Robert I appreciate your offer and will send you an e-mail as I am interested in discussing the particulars of my situation. 

Best,

Eddie

Hi Eddie, raising financing will be extremely challenging for any type of development stage company these days. Most professional private equity resources have completely dried up because they themselves are facing an uphill battle to find investors.

Even High-Net-Worth and Extreme High-Net-Worth Individuals have incurred a significant erosion of their wealth due to the decline in the U.S. housing market and the stock markets. So working with them will be difficult as well.

Anyways, you mentioned that your label is distributed by Sony Music and IODA, which suggests that you are already working with a number of recording artists.

I would be interested in striking up a conversation with you and review your business plan to see if there is way that we can work together.

My firm has done some extensive work in the entertainment sector, particularly for makers of feature length motion pictures, short films, and in the field of online syndication.

If you are interested, please feel free to send me a PM.

I hope this helps.


Mark



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Jackson Steiner
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