At the "Alternative Funding Sources For Independent Music Publishers," event hosted by AIMP L.A. at Lawry's Prime Rib in Beverly Hills (5/23), a group industry figures gathered to discuss the various ways publishers can leverage their copyrights and royalty interests to generate advances or catalog sales through alternative sources. Attendees discussed the process of setting ICO’s, initial offers, and auction starting prices in addition to reasons why investors, from superfans to fund managers, participate.

Panelists included Steve Stewart, CEO and Co-Founder of Vezt Inc., John Funge, CEO of The Music Fund, 23 Capital’s Managing Director Mat Carvajal, and Director of Music Royalty Funding at Sound Royalties’ Reggie Calloway, and were joined by moderators Dale Melidosian, VP Legal Affairs & Operations of Music Asset Management Inc. and Abby North, President of North Music Group LLC.

Seen below (l-r) are Stewart, Funge, Carvajal, Teri Nelson Carpenter, Melidosian, North, and Calloway. Shortly after the discussion, everyone enjoyed the ceremonial Parade of the Trucks Full of Money.