RZA Invests in AYO Music Group

RZA's Wu-Tang Clan founder invests in music copyright firm AYO.

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RZA Invests in AYO Music Group

RZA's Wu-Tang Clan founder invests in music copyright firm AYO.

In brief

RZA's Wu-Tang Clan founder invests in music copyright firm AYO. RZA, Wu-Tang Clan founder, invested in AYO Music Group to help artists collect royalties they've been owed. Originally reported by Music Business Worldwide.

RZA invests in AYO

RZA, Wu-Tang Clan founder, invests in AYO Music Group, the music copyright administrator co-founded by Deborah Mannis-Gardner and Pär Almqvist.

Investors include RZA

RZA joins Disturbing Tha Peace Records co-founders Chaka Zulu and Jeff Dixon, Atlanta- and Johannesburg-based family office CIH Group, and Ewing Athletics owner David Goldberg as investors in AYO.

AYO announces investments

AYO announces investments

AYO announced the investments on Tuesday, November 10, four days before RZA is inducted into the Rock & Roll Hall of Fame as a member of Wu-Tang Clan.

AYO's mission

AYO is an invitation-only administrator of publishing, neighboring rights, and recordings to help rightsholders collect royalties they are owed.

Pär Almqvist on AYO

Pär Almqvist

Pär Almqvist, co-founder and CEO of AYO Music Group, said most music creators have never seen a full accounting of what their music actually earns.

“Most music creators have never seen a full accounting of what their music actually earns.”

RZA on AYO

RZA said he has spent thirty years ensuring music creators get paid and has watched money disappear into paperwork, calling AYO a mission he wants to be part of.

“I have spent thirty years making sure the people who created the music got paid for it, and I have watched a lot of money disappear into paperwork along the way.”

AYO's impact

After recovering publishing revenue for producer Domingo over two decades, AYO now holds songs totaling well over 10 billion streams.

The takeaway

RZA, Wu-Tang Clan founder, invested in AYO Music Group to help artists collect royalties they've been owed.

Read the original on Music Business Worldwide

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