Company:ANote Music

From HandWiki
ANote Music
TypePrivate
IndustryFinancial technology, Music industry
FoundedJuly 30, 2018 (2018-07-30)
FounderMarzio Schena, Matteo Cernuschi, Grégoire Mathonet
HeadquartersLuxembourg City, Luxembourg
Key people
  • Marzio Flavio Schena (CEO)
  • Matteo Cernuschi (COO)
  • Grégoire Mathonet (CTO)
Websitewww.anotemusic.com

ANote S.A., doing business as ANote Music, is a Luxembourg-based Financial technology company that operates an online marketplace for music royalties investments. The platform allows rights holders — such as record labels, publishers, and artists — to list future royalty streams, which investors can purchase as shares. These shares entitle holders to receive a portion of the underlying royalty income.

Founded in 2018, ANote Music launched to the public in 2020. Since then, the company has facilitated over €10 million in royalty-related transactions and has distributed more than €1 million in royalties to investors. Its business model aims to offer greater liquidity and transparency in the monetization of music rights.

History

ANote Music was founded on 30 July 2018 by Marzio Schena, Matteo Cernuschi, and Grégoire Mathonet.[1][failed verification][2] The company was accepted into the "Fit 4 Start" accelerator program in 2019, a joint initiative by Luxinnovation and the Luxembourg Ministry of the Economy.[3]

In January 2020, ANote Music raised €505,000 in funding from music industry professionals and European investors to further develop its platform.[2] The platform officially launched on 28 July 2020, listing its first catalogue from Italian label Irma Records.[4]

In October 2021, the company appointed Mathew Knowles, a music executive and father of Beyoncé and Solange, and Carlo Antonelli, a former editor-in-chief of Rolling Stone Italia, as senior advisers. This coincided with a bridge funding round bringing total investment to over €1.5 million.[5]

In August 2022, co-founders Schena and Cernuschi were featured in Forbes Italy's 30 Under 30 in the Music category.[6] That same year, the company was a finalist at the Startup World Cup in Las Vegas, having won the regional selection in Luxembourg.[7][8]

In 2023, ANote Music expanded its offerings to institutional investors, introducing music-backed financial products with a €125,000 minimum threshold. The launch was supported by €500,000 in new funding from Algorand Ventures, ACME Innovation, and the Young Innovative Enterprise Grant by Luxinnovation.[9][10]

On 30 October 2024, the company reported over €1 million in distributed royalties and more than €10 million in total transactions, €6.7 million of which took place via the secondary market.[11][12]

See also

References

  1. Clawson, Trevor (25 October 2020). "Rock Royalties: How A European Startup Is Offering Leverage To Cash-Strapped Music Rights Owners". https://www.forbes.com/sites/trevorclawson/2020/10/25/rock-royaltieshow-a-european-startup-is-offering-leverage-to-cash-strapped-music-rights-owners/?sh=4f0ee15d58bf. 
  2. 2.0 2.1 "Luxembourg-based ANote Music raises €505k so you can invest in song rights". 5 February 2020. https://www.eu-startups.com/2020/02/luxembourg-based-anote-music-raises-e505k-so-you-can-invest-in-song-rights/. 
  3. "Luxembourg awards funds to 20 start-ups in competition". 4 October 2019. https://www.luxtimes.lu/luxembourg/luxembourg-awards-funds-to-20-start-ups-in-competition/1318749.html. 
  4. "ANote Music launches music royalties investment platform". 28 July 2020. https://musically.com/2020/07/28/anote-music-launches-music-royalties-investment-platform/. 
  5. "Mathew Knowles joins advisory board at royalty marketplace ANote Music". 14 October 2021. https://www.musicbusinessworldwide.com/mathew-knowles-father-of-beyonce-and-solange-joins-advisory-board-at-royalty-marketplace-anote-music/. 
  6. "Under 30 - 2022 - Music". https://forbes.it/classifiche-forbes/under-30/under-30-2022-music-italia/. 
  7. "Anote Music among Startup Prize winners". 11 April 2024. https://www.siliconluxembourg.lu/anote-music-among-startup-prize-winners/. 
  8. "Une start-up luxembourgeoise classée dans le top 10 mondial". 11 October 2022. https://www.lessentiel.lu/fr/story/une-start-up-luxembourgeoise-classee-dans-le-top-10-mondial-348929433026. 
  9. "ANote Music announces capital infusion and new financial product". August 2023. https://www.siliconluxembourg.lu/anote-music-announces-capital-infusion-and-new-financial-product/. 
  10. "En pleine croissance, ANote Music élargit son offre aux investisseurs institutionnels". 2 August 2023. https://www.virgule.lu/luxembourg/en-pleine-croissance-anote-music-elargit-son-offre-aux-investisseurs-institutionnels/2303026.html. 
  11. "ANote Music surpasses €1 million in royalties distributed". 6 November 2024. https://www.siliconluxembourg.lu/anote-music-surpasses-e1-million-in-royalties-distributed/. 
  12. "ANote Music has distributed €1m". https://delano.lu/article/anote-music-has-distributed-1m.