In this episode of The Wealth Chat, the host, Helen Gammons, Director – Key Clients, Media and Entertainment, discusses the uptick in music catalog sales and considerations for artists and their managers before, during, and after a successful sale. She is joined by Vasileios Touronis, CEO of Star Music Fund, Lance Phillips, Partner in the Music group at Sheridans law firm, and Nji Lorimer, Head of UK Domestic Wealth Planning at SG Kleinwort Hambros.
The guests shared insights on the complexities and challenges of selling music catalogues, including valuation, buyer appeal, sales trends, and post-transaction planning.
The top tips provided by the guests include considering the emotional and legacy aspects of the sale, looking beyond the transaction, and building a trusted team of advisors to navigate the process effectively.
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