Associate Member Spotlight: Lyric Financial

Lyric Financial, the leading financial services and technology company serving the global music community, is proud to announce the development of a revolutionary business management app. Designed specifically with creatives in mind, the app will allow you to track all your earnings and expenses with the touch of a button. Lyric Financial invites A2IM members and/or their artists to participate in an exclusive beta testing program for the app. Those interested in participating can email Lisa Nolan for more information at [email protected].

About Lyric Financial: Music industry veteran, Eli Ball founded Lyric Financial in 2007, with the mission to serve the global music community. With services that include royalty advances, catalog loans and music business lines of credit, Lyric Financial is able fulfill that mission. Lyric Financial is proud to work with all the major recording companies, music publishers, music distributors, ASCAP, BMI, SESAC and SoundExchange. We are honored to be a supporting member of the American Association of Independent Music.

In early 2017, Lyric Financial launched the innovative virtual ATM with SonyATV and Tunecore that automated the advance process. The system allows artists, songwriters, indie labels and publishers to view their projected earnings and request a cash advance on their royalties or sales in less than a minute and can be done from any mobile device or laptop – anytime, anywhere in the world.

For more information visit www.LyricFinancial.com

 

About A2IM:
A2IM is a 501(c)(6) not-for-profit trade organization headquartered in New York City that exists to support and strengthen the independent recorded music sector. Membership currently includes a broad coalition of more than 700 Independently-owned American music labels. A2IM represents these independently owned small and medium-sized enterprises’ (SMEs) interests in the marketplace, in the media, on Capitol Hill, and as part of the global music community. In doing so, it supports a key segment of America’s creative class that represents America’s diverse musical cultural heritage. Billboard Magazine identified the Independent music label sector as 37.32 percent of the music industry’s U.S. recorded music sales market in 2016 based on copyright ownership, making Independent labels collectively the largest music industry sector.

Learn more about A2IM here.
For information about how to join our community, see here.