Established in 2014, Sound Royalties provides royalty financing<\/a> for music creators, independent labels, publishers, and distributors.<\/p>\n The firm offers royalty advances of anywhere from $5,000 to tens of millions. It does this by advancing artist, producer and songwriter royalties paid through music labels, distributors, publishers and PROs such as BMI<\/a>,\u00a0ASCAP<\/a>,\u00a0SESAC<\/a>, SoundExchange and more.<\/p>\n In 2021, Sound Royalties announced that it would also\u00a0offer\u00a0advances<\/a> for artists and performers seeking tour and production support.<\/p>\n Sound Royalties has a presence in 16 countries and has notably collaborated with artists like Pitbull, Alejandra Guzman, Lil Wayne<\/a>, and DJ Khaled, particularly in the Latin and crossover genres.<\/p>\n According to a press release issued last week, El Alfa evaluated several offers from other industry players before picking Sound Royalties.<\/p>\n El Alfa, born Emanuel Herrera Batista, infuses Jamaican dancehall \u201criddims\u201d into the Dembow genre, which Sound Royalties says was popularized and brought to mainstream radio by El Alfa.<\/p>\n The artist’s discography includes\u00a0eight albums and 22 million monthly listeners<\/strong><\/a> on Spotify. On October 19, El Alfa will release his new album, El Rey Del Dembow.<\/i><\/p>\n “The best advice I ever received was from Alex Heiche and his team, telling me to register and organize my royalty streams and that whatever I do \u2013 don\u2019t sell.”<\/p>\n El Alfa<\/span><\/p>\n<\/blockquote>\n \u201cI\u2019ve been speaking with Sound Royalties for years, and the time finally made sense for us to work together. The best advice I ever received was from Alex Heiche and his team, telling me to register and organize my royalty streams and that whatever I do \u2013 don\u2019t sell,\u201d El Alfa said.\u00a0<\/span><\/p>\n \u201cIt was because I didn\u2019t sell that I am now able to leverage my back catalog to invest in my future. This multi-million-dollar funding\u00a0<\/span>will be instrumental in continuing to build my legacy and cement my influence in the Latin music space.<\/p>\n “Beyond that, it is foundational for promoting and marketing my music, launching new career opportunities, and releasing more work through my own music label, El Jefe Records.\u201d<\/p>\n \u201cGetting to know and working with El Alfa over the years has been incredible. His innovation and dedication to his craft is contagious.”<\/p>\n Alex Heiche, Sound Royalties<\/span><\/p><\/blockquote>\n Alex Heiche, CEO & founder of Sound Royalties, said: \u201cGetting to know and working with El Alfa over the years has been incredible. His innovation and dedication to his craft is contagious.<\/p>\n \u201cAlfa has carved out a legacy of his own in the Latin music community, pioneering his own style of Dembow music and building on that through collaborations with some of the industry\u2019s top artists. It\u2019s an honor to be the financial partner that he has chosen to fund his continued growth for years to come.\u201d<\/p>\n Sound Royalties says it has worked with \u201chundreds of thousands of songs and streams\u201d that include credits by artists like Selena Gomez, Ariana Grande, Bad Bunny, Alicia Keys, Don Omar, Ozuna, Nicky Jam, Eliel Lind, El Alfa, Smokey Robinson, and many more.<\/p>\n Sound Royalties operates as a subsidiary of GoDigital Media Group, a multinational conglomerate that owns label\/rights management firm Cinq Music Group, following a \u201chigh eight-figure\u201d acquisition<\/a> in 2021.<\/p>\n The deal with El Alfa came nearly a year after Sound Royalties carried out major expansions. In October 2022, it expanded into Canada<\/a> and a month later, it launched a US West Coast unit<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Sound Royalties provides royalty financing for music creators, independent labels, publishers, and distributors<\/p>\n","protected":false},"author":38,"featured_media":165134,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[131172,4520],"class_list":["post-164987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-el-alfa","tag-sound-royalties"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/164987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/comments?post=164987"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/164987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/165134"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=164987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/categories?post=164987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/tags?post=164987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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