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Who Is Albany Avenue Music Fund?
Albany Avenue Music Fund is an open-ended investment trust created to invest, directly or indirectly, in high-quality music catalogues, including copyrights, publishing rights, performance rights and recording rights.
2023
Founded
30+
Artists
350+
Songs
30B+
Streams
WHAT ARE MUSIC ROYALTIES?
Music royalties are the revenue generated by music publishing and recorded music and are paid to rights holders, including songwriters, recording artists, and other parties such as record labels, producers or publishers, for the licensed use of their work.
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After a 15-year decline, music consumption is experiencing an unprecedented and rapid expansion, largely driven by digital streaming. The global music streaming market grew from $27.29 billion in 2022 to $30.99 billion in 2023 and is projected to exceed $52 billion by 2027, pushed by new additive services like Tik Tok, Instagram, Facebook that license music.
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