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Will this idea disrupt the record label model? Sherry Saeedi says that her company Verswire – “a venture capital model alternative for signing musicians” – is the future of music. We ask how and why.

Will this idea disrupt the record label model? Sherry Saeedi says that her company Verswire – “a venture capital model alternative for signing musicia…

FromMusic Ally Focus


Will this idea disrupt the record label model? Sherry Saeedi says that her company Verswire – “a venture capital model alternative for signing musicia…

FromMusic Ally Focus

ratings:
Length:
38 minutes
Released:
Feb 8, 2024
Format:
Podcast episode

Description

Ep. 140: Joe is joined by Sherry Saeedi, founder & CEO of Verswire. Sherry says that Verswire is a new alternative to record labels – or “a venture capital model alternative for signing musicians” as she puts it. We ask her why she believes it is “the future of music” and Sherry talks with the passion and language of a tech founder. She thinks that the Verswire model of investing in artists in a similar way to how startups are funded will have a major disruptive effect on the long-standing record label model. Verswire is now signing bands, has pulled in $12.3M in seed and series A investment, and is opening a publishing arm in partnership with Kobalt – so we ask her to explain how it is disruptive.
LINKS:
Verswire Website
Verswire Instagram
Sherry Saeedi's Instagram

Blink 182 – Enema of the State: https://youtube.com/playlist?list=OLAK5uy_ku1eCIHSQXftkjdy1pDCmCHYLyHza-agY&si=px29N2GpY1YDO-cb
Rob Thomas - Someday: https://www.youtube.com/watch?v=H6pODq8_FxE
Drill bits: https://www.guinnessworldrecords.com/world-records/609662-most-times-to-insert-a-power-drill-bit-into-the-nose-in-30-seconds
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Released:
Feb 8, 2024
Format:
Podcast episode

Titles in the series (100)

Analysing vital music business topics in detail, as they emerge. In our Focus podcast, Joe Sparrow breaks down important stories with expert guests, who share their cutting-edge knowledge – in about 20 minutes. It'll keep you and your team on the cutting edge, and it'll take about the same time as making and eating a good sandwich! (We recommend doing both simultaneously for maximum deliciousness.) Ⓜ️ Subscribe to Music Ally's industry-standard service: https://musically.com/subscribe ? Music Ally’s free weekly newsletter, The Knowledge: https://musically.lnk.to/knowledgepo