Killphonic Rights Raises Over $3 Million — Announces Partnership with Stilwell Creative Capital
Photo Credit: Killphonic Rights
LA-based management company Killphonic Rights has announced a partnership with Stilwell Creative Capital, who is investing $3 million in working capital for a proportional stake of equity in Killphonic. The new partnership and investment will go toward expanding services for the company’s rapidly growing roster of artists, songwriters, labels, and publishers.
Through this partnership, Stilwell will tap into Killphonic’s deep knowledge base and staff of industry veterans to increase collections and licensing opportunities for the growing catalog of rights the fund has acquired.
“Throughout this process, we were incredibly impressed by the Killphonic leadership team’s innovative approach to right management and the depth of their industry knowledge,” said Stilwell CEO Brian Baum. “In the near term, we feel that Killphonic will be an invaluable partner in monetizing the songs in our catalog. In the long term, we are excited about Killphonic’s potential to build the music industry’s preeminent rights management business.”
The partnership was orchestrated by Amanda Schupf of MAX Music Management and Consulting, who played a pivotal role in both connecting and advising the parties throughout the process. This ensured that both sides aligned on critical terms, market vision, and the future role of Killphonic and Stilwell in the evolving music rights landscape. As part of this partnership, Amanda will be joining the Advisory Boards of both organizations, where she will continue to provide strategic guidance and industry expertise.“When we went seeking investment, we thought that as a modern music company, we would have to compromise something fairly large for the greater good of our artists and songwriters,” added Killphonic CEO Caleb Shreve. “We can’t believe that we found everything we wanted in Stilwell Creative Capital. CEO Brian Baum is a distinguished financial veteran with an equally top-tier passion for music. In my 25+ years in music, I haven’t met anyone with a stronger love for the art of music. There isn’t a partner other than Stilwell that we could imagine sharing the value and dedication to the art and its artists like we do.”
Before the end of 2023, CEO Caleb Shreve took an overwhelming majority stake after finalizing the repurchasing of equity from the company’s former founders.