MUSIC INDUSTRY BLOG

Terry McBride’s Nettwerk Music Group, (home to Jamiroquai, Barenaked Ladies, and Sarah McLachlan), live music and media behemoth Mama Group Plc, and Brian Message’s ATC Management (manager of Radiohead, Faithless, and Kate Nash), combined forces to create Polyphonic, a new artist investment and development company embracing the 360-degree model, Music Week announced yesterday.  The company has committed more than $20m for its first year of operation, marking significant additional capital thereafter, to provide “an important funding option for artists” asserted Brian Message adding “ATC and Mama have co-invested in a number of new artists over the last three years and Polyphonic marks the next iteration of that business. Now, together with Nettwerk, we want to be working with a much bigger group of artists and managers and the capital we have available makes that achievable.”

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