Zach Katz, the previous President of BMG within the US and the co-founder of Scooter Braun’s Raised In House, has quietly launched a brand new enterprise in music.
Katz left Raised In House – the L.A-based music-tech fund launched in 2019 – to start out his personal enterprise, Carte Blanche, earlier this yr.
An outline on Katz’s LinkedIn profile states that Carte Blanche is “a modern-day music firm constructed to rewrite the foundations for as we speak’s creators, entrepreneurs and executives”.
Carte Blanche is described additional as an organization that “brings collectively content material, expertise and tech to lift the worth of music”.
Provides the outline: “Carte Blanche is what you get once you construct a music firm on new concepts, new incentive constructions and new types of monetization. Don’t inform us ‘that is how we’re used to doing it’. That is Carte Blanche.”
A latest Instagram submit by Katz means that Carte Blanche is working with the artist GrimStepper, who has inked a file cope with Columbia Data.
Along with launching Carte Blanche, it’s been confirmed this week that Katz is becoming a member of the board of Los Angeles-based eSports media platform FaZe Clan – forward of its deliberate merger with BRPM, a particular goal acquisition firm (SPAC),.
That deal will see FaZe Clan develop into a publicly traded firm on the NASDAQ, with a $1 billion valuation. The transaction is anticipated to shut in Spring 2022.
Simply a few of Faze Clan’s buyers from the music enterprise embrace Troy Carter, Man Oseary and Pitbull.
Alongside Katz, FaZe Clan’s board may also function a few different names acquainted to these working in music, together with Snoop Dogg and Lee Trink.
Trink, FaZe Clan’s CEO and co-founder, in addition to Chairman of its board, is the one-time President of EMI Capitol Music Group, and a former Normal Supervisor of Virgin Data.
In accordance with a latest media launch, FaZe Clan’s post-merger Board of Administrators is predicted to be comprised of:
- Lee Trink, Chief Government Officer and Co-Founder, FaZe Clan and Chairman of the Board
- Angela Dalton, Founder and Chief Government Officer of Signum Development Capital
- Calvin “Snoop Dogg” Cordozar Broadus Jr., American rapper, singer, songwriter, actor, file producer, DJ, media character and enterprise entrepreneur
- Daniel Shribman, Chief Funding Officer of B. Riley Monetary
- Mickie Rosen, Director of a number of US and Australian firms and Principal of Mickie Rosen Consulting
- Nick Lewin, Normal Companion of Crown Predator Holdings
- Paul Hamilton, Co-Proprietor and Chief Government Officer of Atlanta Esports Ventures, President and Chief Government Officer of The Greenspun Company and Principal of Province Inc.
- Ross Levinsohn, Chairman and Chief Government Officer of The Area Group (previously theMaven,Inc.)
- Stephanie McMahon, Chief Model Officer, World Wrestling Leisure
- Zach Katz, Founder and Chief Government Officer of Carte Blanche
“We have now assembled a best-in-class Board of Administrators who deliver a broad and deep understanding of Gen Z and the quickly altering digital media and leisure panorama.”
Lee Trink, FaZe Clan
Lee Trink, CEO of FaZe Clan, stated: “We have now assembled a best-in-class Board of Administrators who deliver a broad and deep understanding of Gen Z and the quickly altering digital media and leisure panorama.
“I’m excited to work with this improbable group and profit from their insights and steering as we enter the general public market and execute our multi-platform monetization technique to create long-term shareholder worth.”
In 2019, Zach Katz obtained the music trade speaking when he teamed up with Scooter Braun’s Ithaca Holdings and Ripple’s Xpring to launch a music-tech funding fund referred to as Raised In House Enterprises (RISE).
Till his departure from Raised In House in January 2022, Katz co-led the enterprise alongside the agency’s President/Companion, Shara Senderoff.
When it launched, Raised In House stated that it aimed to “forge proactive collaboration between music and expertise with investments starting from $500,000 to $5 million”.
Since then, RISE has invested within the likes of knowledge administration platform Audigent, Web3 cellular gaming firm Artie, and in music licensing expertise platform Songclip.
Ithaca Holdings was acquired final yr by South Korea’s HYBE in a billion greenback buyout.
Zach Katz started his profession as a music legal professional with the Regulation Workplaces of Katz & Katz in Los Angeles from 1996 to 2001.
From 2001 via 2005 Katz moved into music administration, representing outstanding artists, producers and songwriters.
From 2006 via 2012 he co-founded and served as CEO of file label and music publishing firm Beluga Heights in partnership with Sony Music and, later, Warner Brothers Data.
Previous to Raised In House, Katz was the President, repertoire and advertising, BMG US, the place he spearheaded each recordings and music publishing. Katz’s began at BMG in 2012 as EVP of Inventive and expanded his position to BMG’s US Chief Inventive Officer.
He went on to develop into BMG’s President of Music Publishing previous to graduating to BMG’s US head.
Katz oversaw signings that included Janet Jackson, Blink 182, Lil Dicky, Avril Lavigne, Good Circle, Alice In Chains, DJ Khaled, Bebe Rexha, DJ Snake, Bibi Bourelly, The Strokes, Juice Wrld, Gente De Zona, Pitbull and Nathaniel Rateliff.Music Enterprise Worldwide
