WEST PALM BEACH, Fla., Sept. 22, 2017 (GLOBE NEWSWIRE) -- Following the latest devastation reaped by Hurricane Maria, music-industry specialty finance firm Sound Royalties is demonstrating its continued commitment to the music community by extending its $500,000 in hurricane relief advances to Puerto Rico musicians and industry professionals affected by the Category 5 storm.
As the company recently did with both Hurricane Harvey and Hurricane Irma, Sound Royalties is offering interest-free and fee-free royalty advances to all music professionals in Puerto Rico impacted by Hurricane Maria. This special offer is available to any songwriters, producers, artists, or others in the music field who have been impacted by any of the recent hurricanes. Sound Royalties will immediately advance up to $5,000 to all qualifying music professionals to assist with their storm recovery efforts.
“The enormous damage and distress caused by the recent hurricanes is mind-boggling. We want our colleagues in the music community to know that Sound Royalties is here and can assist them with getting their lives back into a normal rhythm,” said Sound Royalties Founder and CEO Alex Heiche. “We’ve been humbled and inspired to see the difference that our pledge has made for those in Florida and Texas, and are pleased to extend the same offer to our musical friends and family on the island of Puerto Rico.”
Miami resident and music producer Diego Lopez said of his Sound Royalties’ hurricane advance: “It helped me with lodging, food and gas for the whole seven days I was gone when evacuating. I’m disabled, so the whole process was a little harder for me. I’ve had to deal with loss of work, loss of time and hurricane damage,” said Lopez. “Sound Royalties did a very nice thing to advance me. It definitely helped me in this emergency, hurricane situation.”
Hip hop and EDM producer and artist Enzo, who evacuated the Houston area with his family due to Hurricane Harvey, said of the advance that Sound Royalties provided: “Every bit counts, and this is a significant amount to really help us with food, gas, and whatever else we need. I really appreciate it,” he said. “You can’t find people and institutions that, out of a kind heart, choose to help out a family, so I’m very grateful. It means a lot to me and my family.”
Anyone in the music community affected by Hurricanes Maria, Irma, or Harvey are urged to call Sound Royalties at 855-975-1490 or apply online today at http://soundroyalties.com/apply/. Our professional funding executives are standing by and ready to help.
About Sound Royalties
Founded by CEO Alex Heiche, Sound Royalties, LLC is a privately-owned specialty finance firm that helps music industry professionals fund personal and professional projects while allowing them to retain the rights to their music and royalties. The company’s core business is offering royalty advances of anywhere from $5,000 to $10 million, without having to deal with credit issues, while preserving all rights to the artist’s music. It does this by advancing artist performance royalties paid through music labels and Sound Exchange, songwriter royalties paid through music publishers and Performing Rights Organizations such as ASCAP, BMI and SESAC, and music streaming royalties from Spotify, Apple Music and YouTube. To date, Sound Royalties, LLC has worked with a wide range of leading music industry professionals, including Grammy Award winners, platinum recording artists and notable music industry executives in every genre. Learn more at http://www.soundroyalties.com.