Catalogs already generate steady USD inflows. The missing piece is a framework banks and funds can underwrite.
Nice write-up. Was an informative, nice read.
"Not because the music is weaker—but because the structures and frameworks are." Could you provide more clarity on the difference in structures and frameworks across applicable contexts?
Structures refer to the legal and financial vehicles around the rights — ie, collection systems, recoupment terms, audit rights, and local CMOs.
Frameworks refer to the broader market infrastructure — ie, how banks, funds, and regulators recognize and price IP as collateral.
Both exist in mature markets; they’re still being built here.
Nice write-up. Was an informative, nice read.
"Not because the music is weaker—but because the structures and frameworks are." Could you provide more clarity on the difference in structures and frameworks across applicable contexts?
Structures refer to the legal and financial vehicles around the rights — ie, collection systems, recoupment terms, audit rights, and local CMOs.
Frameworks refer to the broader market infrastructure — ie, how banks, funds, and regulators recognize and price IP as collateral.
Both exist in mature markets; they’re still being built here.