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Larry Mestel Podcasts

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4 of The Best Podcast Episodes for Larry Mestel. A collection of podcasts episodes with or about Larry Mestel, often where they are interviewed.

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4 of The Best Podcast Episodes for Larry Mestel. A collection of podcasts episodes with or about Larry Mestel, often where they are interviewed.

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Larry Mestel, CEO, Primary Wave: Bob Marley, Whitney Houston, and Spending $800 million

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Is Larry Mestel about to raise a billion dollars? Don't bet against it.

Mestel's Primary Wave has already raised over $800m in the past four years via two IP funds: a $300m fund in 2016, backed by Black Rock, and a further $500m-plus fund launched last year.

This money has been used by Primary Wave to acquire assets that live up to the company's billing as "the home of legends". 

As such, Primary Wave now owns substantial stakes in the song catalogs of the likes of Ray Charles, Bob Marley, Whitney Houston, Smokey Robinson and the Four Seasons.

Now, Mestel tells the MBW Podcast that Primary Wave is plotting an additional raise of equity that will be "significantly bigger" than those that have come before – although he's remaining tight-lipped on what form this might take.

Other topics covered in this discussion between Mestel and MBW founder, Tim Ingham, include Primary Wave's record label-esque approach to marketing,  why the firm might consider a fundraise on the stock exchange, and the fiercely competitive modern music rights acquisition marketplace. 

Nov 11 2020 · 32mins
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Episode 5 - Larry Mestel, Primary Wave

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Larry Mestel, Founder & CEO of Primary Wave discusses why music rights are a compelling asset class (3:00), why artists would sell their rights (6:00), reviews some examples of creative tactics to build the revenue stream from legacy artists (8:00), Bob Marley, Whitney Houston, Prince - what makes a musical icon and legend (13:00), shoes, lottery tickets, & a new holiday - how Primary Wave adds value to their partner artists (15:30), how streaming saved the music industry (21:00), how covid-19 has impacted music publishing (24:00). We finish up with a story on how Paul Anka brought musical inspiration back to Frank Sinatra (29:00).

This podcast was recorded on June 4th, 2020.  The respective opinions expressed are those of Mr. Mestel and the Biltmore Family Office, LLC investment team.  The opinions referenced are as of the date of this podcast and are subject to change without notice.  This material is for informational use only and should not be considered investment advice. The information discussed herein is not a recommendation to buy or sell a particular security or to invest in any particular sector.  Forward-looking statements are not guaranteed.  BFO reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs and there is no guarantee that their assessment of investments will be accurate.  The discussions, outlook and viewpoints featured are not intended to be investment advice and do not take into account specific client investment objectives.  Before investing, an investor should consider his or her investment goals and risk comfort levels and consult with his or her investment adviser and tax professional.  

Biltmore Family Office, LLC is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about BFO’s investment advisory services can be found in its Form ADV Part 2, which is available upon request.

Jun 11 2020 · 35mins

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Larry Mestel

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Founder and CEO of Primary Wave Music, Larry Mestel started out as a CPA and shortly thereafter was drafted by a client to Island Records, and after stints at Arista and Virgin he quit to start Primary Wave, a new wave publishing company with its own marketing department. Listen to hear how Larry and Primary Wave are breaking norms.

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Feb 06 2020 · 1hr 38mins
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Larry Mestel – Making Music Royalties Sing (Capital Allocators, EP.30)

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Larry Mestel is the Founder and Co-CEO of Primary Wave, one of the largest independent full-service entertainment companies. Primary Wave Publishing, the music division Larry oversees, acquires and develops the rights to iconic song titles and works with iconic artists.  He has bought assets that include big name hits from Kurt Cobain, Smokey Robinson, Steven Tyler, John Lennon, Def Leppard, Hall & Oates and CeeLo Green.

Prior to founding Primary Wave in 2006, Larry spent twenty years in the music industry, serving as COO and GM of Virgin Records, EVP and GM at Arista Records, and COO of Island Entertainment Group.

Our conversation discusses the business of investing in music publishing rights, including Primary Wave’s target market, due diligence practices, unique approach to growing revenue streams, and transactions. As you might imagine, the music business has plenty of great stories, and Larry shares a few of his gems.

For more episodes, go to capitalallocatorspodcast.com/podcast

Follow Ted on twitter at @tseides

Oct 30 2017 · 39mins