FNMPG
Services

Financial and Valuation Advisory.

Independent analysis of music catalogs and music companies.

The Practice

Overview.

Financial and Valuation Advisory provides independent analysis of music catalogs and music companies. Owners, acquirers, and lenders retain the practice when a transaction, a financing, or an internal decision requires a view of the asset that withstands scrutiny.

Valuation of music rights is an examination of the royalty streams, the term and territory of the rights, the quality of the statements, and the durability of the earnings. The Firm applies the standard it developed as a principal investor.

The practice is built for companies, investors, and lenders that need to move quickly with a defensible number: independent, practical, and specific to the asset under review. Deliverables are prepared for the retaining client. Fairness opinions are separately scoped.

The practice operates independently of Project EQINXX and can sit alongside a Corporate Finance mandate or stand alone.

Capabilities

What the work covers.

Catalog Valuation

Independent analysis of publishing and recorded catalogs. The work covers earnings quality, rights, term, territory, and the durability of the streams. Prepared for owners considering a process, acquirers underwriting a bid, and lenders sizing an advance.

Enterprise Analysis

Valuation of operating music companies and multimedia platforms, including catalogs held inside the enterprise. Used in change-of-control, partnership, and financing situations where the asset is the company, not only the rights.

Transaction Support

Analysis inside a live mandate: quality of earnings on the royalty file, sensitivity on the bid, and the value a process will support. Prepared for the retaining party.