Wyclef Jean Taps Sound Royalties To Finance Music Publishing and Distribution Services in Africa and Developing Regions

Wyclef Jean Taps Sound Royalties to Finance Music Publishing and Distribution
Services in Africa and Developing Regions
Three-Time GRAMMY Winner Seeks to Democratize Global Music Marketplace in Digital

Streaming Era
New York, NY, December 13, 2019 --(PR.com)-- Sound Royalties, an entertainment industry finance
firm serving the music community, and three-time GRAMMY-winning superstar Wyclef Jean announced
today their new collaborative partnership. The international recording artist, songwriter, producer, actor
and activist is using the financing from Sound Royalties to back his music publishing and distribution
company focused on creative talent in Africa and other underserved markets.
The burgeoning company, Carnival World Music Group, provides creative artists with the music
publishing and distribution resources they need to promote their music and earn royalties, as the global
market for digital streaming expands.
“The demand for music from Africa and other developing regions is growing, and these professional
creatives deserve to be a part of the international music marketplace,” said Wyclef. “There is a need for
them to have open access to global publishing and distribution options that protect their rights and ensure
they're fairly paid. This initiative not only introduces and launches new talent, but helps creatives around
the world thrive in their careers.”
Wyclef joins a roster of iconic artists that have partnered with Sound Royalties, including Pitbull and Lil
Wayne, among others. Founded by CEO Alex Heiche in 2014, the company redefined entertainment
financing by helping creatives fund projects without having to put their copyrights at risk. Advances are
based on royalty streams, not personal credit, and Sound Royalties never takes possession of a client's
copyrights under any circumstance. This artist-friendly approach has helped reverse the misperception
that advance funding is too risky or too expensive.
“Over his career, Clef has demonstrated the ability to use the power of music to transform lives,” said
Heiche. “I was excited to hear about his plans to fund songwriters and artists that typically don't have the
same options as those working domestically. This partnership is a terrific example of how our financing
platform can have a profound impact on both artists and fans around the world, and on the music industry
overall.”
A native of Haiti who immigrated to the U.S. when he was nine, Wyclef rose to stardom as a founding
member of the Fugees. The group's 1996 album, The Score, topped the Billboard charts and won two
GRAMMYs. Wyclef's first solo album, The Carnival, earned three GRAMMY nominations, and his work
as producer on the Carlos Santana album Supernatural brought a third GRAMMY win. He has achieved
success as a songwriter for artists including Whitney Houston, among others, as a film composer and as
an actor on series such as Third Watch, Nashville and Law & Order.
About Sound Royalties
Page 1/3
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Founded by CEO Alex Heiche, Sound Royalties, LLC is a privately-owned specialty finance firm that
helps music industry professionals fund personal and professional projects without ever taking ownership
of their copyrights, allowing for pass-through income, and empowering creatives to choose from a variety
of flexible pricing options. The company's core business is offering royalty advances of anywhere from
$5,000 to the tens of millions. It does this by advancing artist, producer and songwriter royalties paid
through music labels, distributors, publishers and PROs such as BMI, ASCAP, SESAC, SoundExchange
and many more. Sound Royalties works with a wide range of leading music industry professionals,
including GRAMMY Award winners, platinum recording artists and notable music industry executives in
every genre. Learn more at https://soundroyalties.com.
Page 2/3
Contact Information:
Sound Royalties
Amy Lipsky
919-277-1159
Contact via Email
https://soundroyalties.com
Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/801622
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Wyclef Jean Taps Sound Royalties To Finance Music Publishing and Distribution Services in Africa and Developing Regions

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Wyclef Jean Taps Sound Royalties To Finance Music Publishing and Distribution Services in Africa and Developing Regions

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Wyclef Jean Taps Sound Royalties to Finance Music Publishing and Distribution

Services in Africa and Developing Regions

Three-Time GRAMMY Winner Seeks to Democratize Global Music Marketplace in Digital

About Sound Royalties

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