Explorer1 Music Group (EX1) is proud to announce the strategic
acquisition of MUSIC BENEFACTORS, an SEC Registered Crowdfunding
company, the launch of a new technology and marketing platform, and
the release of its latest Crowdfunding offering.
LOS
ANGELES, October 01, 2022 /PRNewswire-PRWeb/ --
Explorer1 Music Group (EX1) is proud to announce the strategic
acquisition of MUSIC BENEFACTORS, an SEC Registered Crowdfunding
company, the launch of a new technology and marketing platform, and
the release of it's latest Crowdfunding offering.
Explorer1 Music Group (EX1) is very pleased to announce it has
completed the acquisition and relaunch of Music Benefactors
(http://www.musicbenefactors.com).
Crowdfunding is a recognized way for individuals and companies
to raise money, and the music industry has seen many companies
launch in the last few years. Music Benefactors developed a music
focused platform which enables instant online investments, with
equity ownership being issued in tours, albums and careers of
artists and musicians, allowing individual and institutional
investors directly receive a portion of income and profits.
Music Benefactors and EX1 consult with and approve each
offering, and unlike most other platforms that expect the artist to
promote the fundraise, EX1 and Music Benefactors leverage EX1's
global marketing network to promote the offerings, allowing artists
and musical projects at any stage of their career to reach a far
wider and music focused audience than any other crowdfunding
solution. For EX1, the transaction not only adds a crowdfunding
platform to it's fast growing portfolio of brands, but also creates
a new pipeline of potential artists for its GRAMMY® Nominated,
award winning record label - EX1 Records.
Music Benefactor founder and President, Matt Lutz is joined by Karen Johnson, a seasoned financial professional
who serves as Vice President, and advertising guru Terry Balagia, formerly of Saatchi &
Saatchi, and founder of Snowball Media, to serve as Chief Marketing
Officer. Karen and Terry work closely with Matt, the artists and
EX1's CFO, Philip Slavin, to
maximise the opportunity while ensuring full compliance with the
various SEC and FINRA requirements.
"I am so proud that EX1 recognized the value in this business
and platform I spent years developing," said Matt Lutz, Founder and President of Music
Benefactors. "Their visionary approach to vetting and marketing
each of the offerings I believe is a breathe of fresh air in the
crowdfunding space, and will give Music Benefactors the edge when
it comes to delivering financial success for artists and musical
projects."
"Since launching EX1's artist partnership model in 2019, we are
constantly approached by amazingly talented songwriters, performers
and artists that we would like to support, but are not fiscally or
creatively a fit for our full partnership model," said Paul Woolnough, founder and CEO of the Explorer1
Music Group. "With Music Benefactors, we can now provide them a
platform to raise the funds they need to take their career to the
next level, while opening the door to a deeper relationship that
may see them work with EX1 in the future."
While Music Benefactors has successfully funded music projects
in the past, most recently the financing of country artist
Karen Waldrup's latest album,
Kendall County Road that was released September 9th, the first offering under EX1's
ownership is for the creation of a Las
Vegas extravaganza, and global expansion through franchising
of The Violution, a female empowering, all-girl electric stringed
instrument band and live experience that delivers a genre crossing,
multicultural live musical experience never heard or seen before.
To view the offering please visit:
http://www.musicbenefactors.com/theviolution
ABOUT MUSIC BENEFACTORS: Founded by CEO Matt Lutz, Music Benefactors Music Benefactors
is an SEC registered company with a technology platform that
strengthens the connection between performing and recording artists
and music fans and investors around the world. By becoming a Music
Benefactor you can invest and help your favorite artist fund their
careers, tours, albums, or new and exciting projects. becoming a
part owner of the assets and content they create, and sharing in
the income and profits they generate. Music Benefactors is owned by
the GRAMMY® nominated, award winning Explorer1 Music Group (EX1).
For more information visit: http://www.musicbenefactors.com
ABOUT EXPLORER1 MUSIC: Explorer1 Music Group (EX1) is a
Los Angeles based global
full-service music company, run by highly experienced and respected
industry professionals who first and foremost are music lovers. EX1
owns and operates EX1 Records a Grammy® nominated, award winning,
independent record label who want to self-release music, but still
require the distribution, marketing, funding & infrastructure a
record company provides.
#Explorer1music | @Explorer1music
For more information visit
http://www.musicbenefactors.com, http://www.explorer1music.com,
http://www.ex1records.com
General Contact: contact@explorer1music.com
Music Benefactors Enquiries: contact@musicbenefactors.com
Media Contact
Music Benefactors, Explorer1 Music Group, 1 4243625364,
contact@musicbenefactors.com
SOURCE Explorer1 Music Group