Case Study
Project: Soundtrack
Aggregator of music royalty streams from compositions used in film & TV productions
COMPANY AND SITUATION OVERVIEW
Soundtrack is a newly-created platform launched by two industry veterans with 25+ years of experience each in music publishing and administration. Soundtrack was launched to acquire music royalty streams from recordings and compositions used in feature film and TV productions, specifically seasoned assets with predictable cash flows and minimal decay. The company had a strong pipeline and several acquisitions ready to close but lacked the financing to do so.
WHY METROPOLITAN?
Metropolitan was able to understand the value of aggregating non-vocal music royalty streams, which are often overlooked by investors in the space. Metropolitan’s facility enabled the company to execute on its pipeline while also minimizing dilution.
CEO TESTIMONIAL
“We selected Metropolitan as our feeling was Metropolitan understood us and what we were trying to achieve. We were always very impressed with the quality of questions coming from Metropolitan – things that really mattered which was very different from other potential investors.”
This material is not an offer or sale, or a solicitation to any person to buy, of any security or investment product or investment advice. The information contained in this material has been prepared by Metropolitan Partners Group (“Metropolitan” or the “Firm”) and is furnished on a confidential and limited basis for the sole and exclusive purpose of providing general and background information about the Firm. Any offer, sale or solicitation of interests in any Fund will be made only pursuant to a Fund's confidential Private Placement Memorandum (as amended and/or supplemented from time to time, and including, without limitation, the legends contained therein, the "Memorandum") and subscription documents, and will be subject to the terms and conditions contained in such documents and the Memorandum. This material is qualified in its entirety by reference to any Memorandum.
This material is not intended to be relied upon as investment advice and is not, and should not be assumed to be, complete. Each recipient of this material agrees that Metropolitan and its affiliates, members, partners, stockholders, managers, directors, officers, employees and agents shall have no liability for any misstatement or omission of fact or any opinion expressed herein. The contents herein are not to be construed as legal, business or tax advice, and each recipient should consult its own attorney, business advisor and tax advisor as to legal, business and tax advice. Each recipient further agrees that it will (i) not copy, reproduce or distribute the material, in whole or in part, to any person or party (including any employee of the recipient other than an employee directly involved in monitoring or evaluating an investment in a Fund) without the prior written consent of Metropolitan, (ii) keep permanently confidential all information contained herein not already public and (iii) use the material solely for the purpose set forth in the paragraph above. Each person who has accessed, or received a copy of, the material (or any part thereof) is deemed to have agreed (x) not to reproduce or distribute the material, in whole or in part, except to any employee named in item (i) in the preceding sentence, (y) to return the material to Metropolitan promptly upon request and (z) to be responsible for any disclosure of the Information by such person or any of its employees, agents or representatives.
Executive testimonials are from Metropolitan portfolio companies and no representations should be construed as a client or investor testimonial of Metropolitan's investment advisory services. Metropolitan has not paid directly for these company executive testimonials. The companies highlighted are not representative of all Metropolitan investments, and investments in other businesses may have materially different results. Not all Metropolitan investments had or will have similar characteristics or experiences as those included herein. There is no assurance that any company discussed herein will remain in a fund managed by Metropolitan at the time you receive this material.
This material is not an offer or sale, or a solicitation to any person to buy, of any security or investment product or investment advice. The information contained in this material has been prepared by Metropolitan Partners Group (“Metropolitan” or the “Firm”) and is furnished on a confidential and limited basis for the sole and exclusive purpose of providing general and background information about the Firm. Any offer, sale or solicitation of interests in any Fund will be made only pursuant to a Fund's confidential Private Placement Memorandum (as amended and/or supplemented from time to time, and including, without limitation, the legends contained therein, the "Memorandum") and subscription documents, and will be subject to the terms and conditions contained in such documents and the Memorandum. This material is qualified in its entirety by reference to any Memorandum.
This material is not intended to be relied upon as investment advice and is not, and should not be assumed to be, complete. Each recipient of this material agrees that Metropolitan and its affiliates, members, partners, stockholders, managers, directors, officers, employees and agents shall have no liability for any misstatement or omission of fact or any opinion expressed herein. The contents herein are not to be construed as legal, business or tax advice, and each recipient should consult its own attorney, business advisor and tax advisor as to legal, business and tax advice. Each recipient further agrees that it will (i) not copy, reproduce or distribute the material, in whole or in part, to any person or party (including any employee of the recipient other than an employee directly involved in monitoring or evaluating an investment in a Fund) without the prior written consent of Metropolitan, (ii) keep permanently confidential all information contained herein not already public and (iii) use the material solely for the purpose set forth in the paragraph above. Each person who has accessed, or received a copy of, the material (or any part thereof) is deemed to have agreed (x) not to reproduce or distribute the material, in whole or in part, except to any employee named in item (i) in the preceding sentence, (y) to return the material to Metropolitan promptly upon request and (z) to be responsible for any disclosure of the Information by such person or any of its employees, agents or representatives.
Executive testimonials are from Metropolitan portfolio companies and no representations should be construed as a client or investor testimonial of Metropolitan's investment advisory services. Metropolitan has not paid directly for these company executive testimonials. The companies highlighted are not representative of all Metropolitan investments, and investments in other businesses may have materially different results. Not all Metropolitan investments had or will have similar characteristics or experiences as those included herein. There is no assurance that any company discussed herein will remain in a fund managed by Metropolitan at the time you receive this material.
The information and services provided on this Website are for your informational purposes only. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy any interest in any investment vehicle managed by Metropolitan or any company in which Metropolitan or its affiliates have invested. An offer or solicitation will be made only through a final private placement memorandum, subscription agreement and other related documents with respect to a particular investment opportunity and will be subject to the terms and conditions contained in such documents, including the qualifications necessary to become an investor. Metropolitan is not utilizing the Website to provide investment or other advice, and nothing contained herein constitutes a comprehensive or complete statement of the matters discussed or the law relating thereto. Information provided reflects Metropolitan’s views as of a particular time and are subject to change without notice. While Metropolitan uses reasonable efforts to obtain information from sources believed to be reliable, Metropolitan makes no representation that the information or opinions contained in the Website are accurate, reliable or complete. You are solely responsible for evaluating the risks and merits regarding use of the Website and should obtain relevant and specific professional advice before making any investment decision.
CEO Testimonials are for illustrative purposes, designed to attract business development contacts, and should not be construed as a client or investor testimonial of Metropolitan's investment advisory services. All such endorsements are from current or former borrowers about Metropolitan’s ability to provide financing to their companies. Certain executives are also investors in Metropolitan’s investment vehicle(s), and as such, there is an inherent conflict in that those executives have an incentive to provide favorable reviews of Metropolitan’s business practices for the benefit of the investment vehicles that they hold a personal ownership interest in. Metropolitan has not, directly or indirectly, paid any compensation to such individuals for their endorsements.
The Case Studies described on the Website are included as representative transactions to demonstrate the breadth of industries and financing assets to which Metropolitan provides debt capital, however, due to such extensive variety, are not representative of all Metropolitan investments and are not necessarily reflective of overall results of any of Metropolitan’s businesses. Investments in other businesses may have materially different results. Not all Metropolitan investments had or will have similar characteristics or experiences as those included herein. The market analysis, estimates and similar information, including all statements of opinion and/or belief, contained in the documents accessible through this Website are subject to inherent uncertainties and qualifications and are based on a number of assumptions. You should carefully review the information provided regarding such analysis and assumptions.
Certain information on this Website may contain forward-looking statements, which are subject to risks and uncertainties and speak only as of the date on which they are made. The words “believe”, “expect”, “anticipate”, “optimistic”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. Metropolitan undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future developments or otherwise. Past performance is not indicative of future results; no representation is being made that any investment or transaction will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.