Trusted Advisor Digest #3
Trusted Advisor
The private membership group for Entertainment, Music & Pro Sports advisors.
Hi everyone,
We had a big week of announcements last week -- first, we announced (the beginning of) our new?Advisory Board?... a dream team of top entertainment managers, business managers, entertainment attorneys and advisors.
Secondly - we announced our first speakers for the?Trusted X LA?Summit on June 15th. If you're managing high net worth clients and have any interest in learning more about how blockchain tech, cryptocurrency and NFTs - you should consider going to this conference.?We're partnered up with NFT Thought Leaders and Christie's and here are some of the speakers:?
When & Where:?Los Angeles - Wednesday June 15, 2022
The lowest ticketed rate ends this Friday -?don't miss out.?
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Here is other news from around the web and what we're up to now:?
Published on Trusted Advisor:
How to structure a?typical talent deal?(if there is such a thing!) - submitted by Jackie Fast, Sandbox Ventures
Music:?
Rising inflation and interest rates could be leading the?hot catalog market to a cooldown.
Inflation is cutting into merch and vinyl profits, even as sales skyrocket.?
As artists are eager to get back on the road,?supply chain shortages are causing a touring industry “nightmare."
How musicians made money?from their websites in 2021.?
What are perpetuity deals in record contracts??High profile artist-label disputes are a defining feature of the music industry.?
Epic Games?announced they are acquiring independent music storefront Bandcamp.
Crypto / Blockchain / NFTs:
How big is the potential?music NFT market?
20 questions you may want to consider?before you lend your name to an NFT platform or promotion.?
领英推荐
MoonPay?strikes again with $754,000 World of Women NFT purchase at Christie's.
NFTs are taking over the music industry - check out a few of the?top NFT platforms?leading the way right now.
In the?largest-ever NFT-backed loan, an anonymous borrower just took out an $8 million loan collateralized by their collection of 101 CryptoPunks.
Welcome to Dollyverse:?Dolly Parton to Drop Limited-Edition NFTs at SXSW.
Snoop Dogg?is building a crypto empire.?
Wealth Planning:?
Four prominent academics weigh in on?how technology will impact wealth management?in the years—and decades—ahead.?
Taxes, IP value and artist estate planning?is driving an increase in high-dollar catalog deals.
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Trusted Advisor Member News:
Portia Sabin, the President of?Music Business Association?(and Trusted Advisor Board Member) is honored on?Billboard's 2022 Women in Music Top Executives?list.
The Music Business Association executed over 70 virtual events in the past year, from its ongoing one-hour interview series with industry executives to “multiday deep dives on metadata, brands, streaming, diversity, equity, inclusion, mental health and wellness,” says Sabin, 50. The strategy helped Music Biz shift its board makeup from “100% white and 12% female to 70% female and 48% people of color — which is not the end goal but a good start,” she adds. “I look forward to leading Music Biz in providing the rooms — both digital and physical — where these conversations can continue and positive action for change can be encouraged and celebrated.”
Or Pikary,?Senior Manager at?Mazars USA LLP?(and Trusted Advisor Member) is featured in?Barrons?about the complexities of earning income across multiple states. He suggests being cautious about state residency requirements if you’re moving to a lower tax state and maintaining ties to your old community. States have gotten more aggressive about doing residency audits—even more so since Covid began, he says. Your money-saving move could end up being a costly one if you run afoul of state residency requirements, he says. Full article?here.
Trusted Advisor Members:?Please send us news each week via?[email protected]
Not a Trusted Advisor Member yet??Join?here.??
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What we did this week.We announced our first round of?speakers?for our?Trusted X LA?event,?with speakers from Christie's, Dapper Labs, Wachsman, NFT Thought Leaders, Sandbox Ventures?and more. We still have a few sponsor spots open - if interested in learning more please email?[email protected]
Early Bird tickets are live for our?Trusted X LA?event on June 15, 2022, in Los Angeles. Don't miss the?lowest ticketed rate! This will be a 1-day professional summit bringing together the biggest thinkers and doers from the crypto space, alongside entertainment teams on the cutting edge of crypto, blockchain and NFTs.
This Thursday we're hosting our first?Spring Social?invite-only event for the Trusted Advisor Membership. Look out for drinks, bites, DJ Nam and catching up with 50+ top entertainment advisors and manages - all at the penthouse of the beautiful Pendry in West Hollywood. Big thank you to?David Schachter from UBS?and?Steven Hamilton from Signature Bank?for supporting the event.?
Join the fastest growing networking group for business managers, entertainment managers and entertainment attorneys?here.