After launching $100m fund, Affect Media buys catalog from Grammy-nominated songwriter Ali Tamposi
Last month, New York-based music and entertainment investment firm Influence Media Partners launched a fund to invest in so-called “award-winning catalogs of some of the most influential creators in music.”
The fund, which was co-founded with the Municipal Employment Retirement System (“MERS of Michigan”), has an initial value of up to $ 100 million in investable capital.
Influence Media announced today that it has partnered with MERS for the first time.
The company has acquired a portfolio of select copyrights from the catalog of Grammy-nominated multi-platinum songwriter Ali Tamposi.
Included in the deal are Tamposi’s share of songs by Camila Cabello (Havana), Selena Gomez (It’s not me, with Kygo), Shawn Mendes (Señorita, with Camila Cabello), Justin Bieber (Let me love you, with DJ Snake), Beyoncé (Save the Hero), Kelly Clarkson (Stronger) [What Doesn’t Kill You]), BTS (airplane Pt. 2), Cardi B (through your phone) and others.
Influence Media is led by founder and co-managing partner Lylette Pizarro and co-managing partner Lynn Hazan.
Prior to founding Influence Media, Pizarro spent over a decade monetizing music rights with blue-chip brands for ads that aired at events like the Grammy Awards and the Super Bowl, while Hazan spent a total of 15 years as General Manager & CFO of Epic Records and previously worked for RED Music.
Influence Media’s most recent music copyright project kicked off last month following the company’s involvement in Warner & Tempo Music Investments’ acquisition of the copyrights from Jeff Bhasker, Shane McAnally and Ben Rector in December 2019.
Influence Media is also supported by founding consultants Rene McLean (CEO, SLANG) and Jon Jashni (Principal, Raintree Ventures).
“We are honored and privileged to be the stewards of her masterful works, and we are determined to build on her growing legacy.”
Lylette Pizarro, media of influence
Lylette Pizarro, Founder and Co-Managing Partner of Influence Media, said: “Ali Tamposi is one of the most successful music writers working today.
“We are honored and privileged to be the stewards of their masterful works, and we are determined to build on their growing legacy.
“I’m very proud of my songs so it’s great to have a trusted team like Lylette and Lynn at Influence Media to find new ways to share my music with a new audience.”
Ali Tamposi added, “I’m very proud of my songs so it’s great to have a trusted team like Lylette and Lynn at Influence Media to find new ways to share my music with a new audience.
“I never thought I could form such a great partnership so early in my career. I hope to inspire other young musicians to follow their dreams – the rules for what can be achieved are still being written.”
“After meeting Ali and her team, Lylette and I knew immediately that their songs had to be part of our first acquisition for our new partnership with MERS.”
Lynn Hazan, Influence Media
Lynn Hazan, Co-Managing Partner of Influence Media, said, “After meeting Ali and her team, Lylette and I knew immediately that her songs had to be part of our first acquisition for our new partnership with MERS.
“We are proud to have the trust of Ali and their managers Jeremy and David at Mega House.”
Ali Tamposi’s longtime music publisher Reservoir Media is set to go public for $ 788 million in the coming months after negotiating a corporate merger with a well-funded SPAC on NASDAQ.Music business worldwide