#United States #Los Angeles #Crayhill Capital #Music Catalog #Rostrum Pacific

Rostrum Pacific Gains $150 Million Financing to Boost Music Catalog Strategy

Rostrum Pacific, an independent full-service music company, has announced a major development in its operations: the acquisition of $150 million in financing from Crayhill Capital Management, a well-known asset-based investment firm managing $2.9 billion in assets. This strategic move is aimed at accelerating Rostrum's efforts to expand and enhance its diverse music catalog.

Led by CEO Benjy Grinberg and COO Jonathan Partch, Rostrum has meticulously built its structure to directly benefit rights holders at all stages of their careers. In 2023, Rostrum rebranded many of its associated companies, merging Rostrum Records, Fat Beats, Cantora Records, and the digital distribution platform SpaceHeater under a unified banner. The recent financing from Crayhill will play a pivotal role in enhancing their long-term strategy centered on identifying, acquiring, and elevating music catalogs from various genres and generations.

Scott Margolin, the CFO of Rostrum Pacific who joined the team in 2023, emphasized that this financial backing demonstrates a strong belief in the company’s approach to creating value. He remarked, “Securing this funding reflects confidence in our value-creation strategy - one that leverages strategic partnerships and collaborative frameworks to drive high-value returns. With this backing, we're expanding our reach and deepening our commitment to ensure that music under our care gets heard.”

The partnership allows Rostrum Pacific to pursue catalog opportunities of any scale, enabling them to integrate new assets into their existing ecosystem efficiently. This marks a turning point for the company as capital support will allow Rostrum to focus on music catalog development that they can actively nurture, whether through acquisition or by leveraging their existing assets built over the past two decades.

With a well-structured supportive framework, Rostrum is on a mission to elevate its status as a leading independent music company. This deal not only signifies growth for Rostrum Pacific but also expands Crayhill's investment in media rights within its asset-based portfolio, reinforcing the positive outlook for both entities in the evolving music industry landscape.

Jihane Hassad, Director of the TMT Investment Group at Crayhill, expressed pride in backing Rostrum's expansion. She stated, “Rostrum has built a compelling in-house model that drives value creation and strategic growth. As the music industry landscape evolves, Crayhill is well positioned to provide tailored capital solutions that enable Rostrum to pursue catalog opportunities of any scale.”

About Rostrum Pacific

Rostrum Pacific stands out as a multifaceted entertainment company committed to connecting music across genres with its most passionate supporters. The company’s structure supports creators and rights holders through its brands, including Rostrum Records and others. By ensuring a supportive environment at every stage of an artist's career, they push forward the mission of making diverse music accessible.

About Crayhill Capital Management

Established in 2015, Crayhill Capital Management specializes in asset-based finance, showcasing its expertise through various high-profile transactions. With a strong focus on scalable, opportunistic investments, Crayhill has deployed over $4 billion in over 50 transactions. Their recent partnership with Rostrum Pacific underscores their keen interest in the entertainment sector and commitment to supporting innovative business models.