Music business veterans from artist administration corporations Seven20 and AYITA have teamed as much as set up The Circuit Group to amass a 50% stake in artists’ IP portfolios.
Based by Dean and Jessica Wilson of Seven20, and Brett Fischer, David Grey, and Harvey Tadman of AYITA, The Circuit Group additionally goals to collaborate with artists to forge alternatives in varied verticals inside the music business, alongside typical artist administration.
“The engine on the heart of the whole lot within the music enterprise is the music,” mentioned Dean Wilson, CEO and Co-founder of The Circuit Group and longtime supervisor of deadmau5.
“At The Circuit Group, we’re constructing a community of companies round IP, placing artists’ creativity on the heart and fascinating and sustaining them over the long run. This ensures that artists proceed to share in each income stream out there to them and finally provides them extra management over their destinies than conventional enterprise fashions have supplied them.”
“At The Circuit Group, we’re constructing a community of companies round IP, placing artists’ creativity on the heart and fascinating and sustaining them over the long run.”
Dean Wilson, The Circuit Group
The Circuit Group says it is going to initially make acquisitions of as much as 50% of an artist’s music catalog, offering fast income for artists and guaranteeing that they’re incentivized to work alongside the corporate in exploring extra alternatives surrounding their IP.
In accordance with The Circuit Group, by way of this “IP-centric method”, it is going to put money into or forge strategic alliances with different entities to maximise the potential of artists’ songs in recorded music, publishing, merchandise, model partnerships, gaming, occasions, Web3, new music applied sciences, and extra.
The Circuit Group collectively manages grasp and publishing rights to over 3,000 songs, accumulating greater than 5 billion mixed streams and receiving 7 Grammy nominations. The roster contains distinguished names like Chris Lake, deadmau5, FISHER, HoneyLuv, NERO, and Ninajirachi.
In September 2021, The Circuit Group founders Brett Fischer, David Grey and Harvey Tadman joined the administration staff of Carl Stubner’s Shelter Music Group after the latter expanded their partnership with AYITA internationally.
“What’s being constructed at Circuit is thrilling as a result of we get to actually push the bounds on every artist’s enterprise and get them the credit score they deserve.”
Brett Fischer, The Circuit Group
Brett Fischer mentioned: “I’ve labored with artists for practically 20 years. What’s being constructed at Circuit is thrilling as a result of we get to actually push the bounds on every artist’s enterprise and get them the credit score they deserve. The corporate’s mission is superb. It provides us managers extra info to make the proper strikes whereas constructing these manufacturers with a long run purpose in thoughts.”
In the meantime, Seven20’s Dean Wilson turned a part of the Recording Academy’s variety process power in 2018, becoming a member of different business veterans from ATO Information, Common Music Group, ASCAP and Sony Music Leisure, amongst others.
The Circuit Group operates from places of work in Los Angeles, Miami, and London.
Music Enterprise Worldwide