Music Industry Moves: Avex Secures $100 Million for Catalog Acquisitions, Harry Chapin Estate Partners With Primary Wave

By Andrew Flanagan

Andrew Flanagan

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Avex Music Group, the global music company of Japanese entertainment giant Avex helmed by CEO Brandon Silverstein, has announced the launch of a $100 million fund to be aimed at catalog acquisitions, structured through a financing deal with City National Bank. According to the announcement, the deal was funded by $50 million in equity alongside up to $50 million in non-recourse debt financing. (Pictured above, L-R: Ryan Kamada, CFO; Brandon Silverstein, CEO; Spencer LeBoff, Senior VP, all with Avex Music Group.)

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