Three of the world’s foremost artist management companies announced today a significant evolution in their engagement with the artist community.
MAMA Group, Nettwerk Music Group and ATC have announced the formation of Polyphonic, which will invest directly into artist businesses, thereby offering an alternative to the traditional label-driven investment model of the music industry.
Founded with an initial financial commitment of more than $20 million for its first year of operation (and with significant additional capital available thereafter), Polyphonic will seek to partner with artists and their management, providing the capital to enable them to operate their own businesses, retain their own copyrights and take a fair share of any profits that are generated.
Gob was a powerviolence band from Van, Canada featuring now guitarist of Iron Lung, Jon Kortland. They released a split 7” with Agoraphobic Nosebleed, a split 5” with Spazz and one full-length, The Kill Yourself Commandment.