Go On, Take the Money and Run: Important Considerations on Selling a Music Industry Business

AGG Entertainment & Sports chair Matt Wilson authored an article for Hypebot discussing important considerations for founders and owners looking to sell their music business.

With the music industry flooding with capital investment, Matt shares that it is an opportune time to maximize value and appeal to potential buyers.

“As capital investment flows into the music industry, successful start-ups, publishing companies, streaming services, and legacy catalogs alike are ripe for investment and/or acquisition,” he explains.

He recommends maintaining a file with all necessary corporate and organizational formalities, auditing financial records, protecting IP assets, and developing uniform practices to make day-to-day business operation analysis easier and allow for transparency.

Matt discusses the value of anticipating a potential transaction and developing a team of outside counsel that can advise on the structure of the transaction early on to extract the most value from the deal.

“The sale of a music business can be a lucrative milestone when handled correctly,” Matt emphasizes. “The favorability of the deal is often closely tied to the amount of planning, preparation, and counsel engaged by ownership and management during the lifetime of the business.”

To read the full article, you may click here.