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Influence Media’s new fund acquires rights from Ali Tamposi
By Chris Cooke | Published on Tuesday 20 April 2021
Another investment fund that’s aiming to buy up some quality music rights has announced its first deal. New York-based Influence Media Partners announced the launch of a new fund last month in partnership with Michigan Municipal Employment Retirement System – aka MERS – that will invest in “award-winning catalogues of some of music’s most influential female music creators”.
The first such creator is Ali Tamposi. Influence Media has acquired select copyrights from the Grammy-nominated songwriter, with the deal including stakes in songs like Camila Cabello’s ‘Havana’, Shawn Mendes’ ‘Senorita’, Cardi B’s ‘Thru Your Phone’, BTS’s ‘Airplane Part 2’ and Beyonce’s ‘Save The Hero’.
Confirming the deal, Influence Media founder Lylette Pizarro told reporters: “Ali Tamposi is one of music’s most successful writers working today. We feel honoured and privileged to become the custodians of her masterful works, and we are committed to building on her growing legacy”.
Meanwhile, the company’s Lynn Hazan added: “After meeting with Ali and her team, Lylette and I knew instantly that her songs had to be part of our first acquisition for our new partnership with MERS”.
Commenting from her side, Tamposi chipped in: “I take great pride in my songs, so it’s great to have a trusted team like Lylette and Lynn at Influence Media to help find new opportunities to share my music with new audiences. I never thought I’d be able to enter into an amazing partnership like this so early in my career, so I hope to inspire other young musicians to follow their dreams – the rules for what you can achieve are still being written”.
