Tag Archives: distributors

Acclaimed Peacock TV Show Could Be Saved by HBO

A week after it was confirmed that Peacock had decided to cancel Rian Johnson‘s Poker Face series, HBO and HBO Max boss Casey Bloys confirmed that discussions to acquire the acclaimed crime dramedy had recently taken place. The Natasha Lyonne-led show’s cancellation came as a surprise, especially when its latest season garnered a Certified Fresh score of 96% on Rotten Tomatoes. Following Poker Face’s cancellation, it was also revealed that Johnson and Lyonne were looking to shop the show around to other streamers or distributors with the plan of enlisting Game of Thrones vet Peter Dinklage as the reboot’s new lead. Even though Lyonne will no longer reprise her character, she is expected to remain as an executive producer. HBO boss on potentially saving Poker Face from its Peacock cancellation During a recent interview with THR, Bloys shared that they were curious about Johnson’s idea for the new version of Poker Face, leading them to have conversations about it. However, he revealed that nothing has been finalized yet, confirming that he’s still unsure how it will pan out. “We heard the original take, and when I heard that Peacock wasn’t moving forward, we were curious,” he said. “So we’ve had conversations, but I don’t know which way it’ll go. But I think Rian is a fantastic filmmaker, and I love the idea of Peter Dinklage, but I have nothing to report on that.” Poker Face was created, written, and directed by Rian Johnson in his first-ever TV project, with Tony Tost serving as its showrunner. The latest season featured guest stars Cynthia Erivo, John Mulaney, Simon Rex, Giancarlo Esposito, John Cho, Awkwafina, Method Man, Ego Nwodim, Kumail Nanjiani, Melanie Lynskey, Taylor Schilling, Katie Holmes, Alia Shawkat, and more. For her performance in Season 1, Lyonne received an Emmy Award nomination for Outstanding Lead Actress in a Comedy Series.
https://www.comingsoon.net/tv/news/2065504-acclaimed-peacock-tv-show-could-be-saved-by-hbo

beatBread unveils $100m global indie fund in partnership with AIM, WIN, IMPALA

Two months after securing an additional USD $124 million in credit and equity capital, music financing platform beatBread has launched a new $100 million fund aimed at labels and distributors seeking alternatives to traditional industry financing.

The Global Independence Fund (GIF) marks an expansion of beatBread’s existing business model, which provides capital to independent music operations. The company has established the fund in partnership with several trade organizations representing independent labels, including AIM, AIM Ireland, WIN, and IMPALA.

This new financing vehicle will allow labels to access capital by borrowing against existing catalog revenue streams, securing advances for artist signings, and obtaining working capital for operational expenses. Unlike conventional deals, the GIF’s structure enables recipients to maintain control over their day-to-day operations.

In addition, distributors leveraging the GIF will gain access to OpenPlay, a delivery platform, as well as other services through membership programs run by the partner trade organizations.

beatBread notes that the launch of the GIF builds upon its label advance partnership with A2IM in the U.S., which began in November 2024.

Commenting on the fund’s launch, Matthew Tilley, beatBread’s Head of Artist & Industry Development, said:
“For too long, independent labels have had to play by rules set by incumbents, where access to capital comes at the cost of control, and the opportunity to sign and support artists is also limited by access to capital, even when those distributors or independent labels may otherwise be in the very best position to develop, market, and support a given artist. The Global Independence Fund is one element in the ongoing fight to change that.”

WIN CEO Noemi Planas added:
“beatBread has been a long-time supporter of the independent sector. This new funding initiative will not only offer more access to financing options, it will also provide additional benefits to members of leading independent organization friends programs.”

Planas continued:
“The Global Independence Fund is designed to give independent labels the leverage they need to build sustainable businesses on their own terms, compete with larger corporations, and retain independence. The future of music should be shaped by the diversity, creativity, and resilience of independent labels and artists. Expanding access and choice of funding options helps make that future a reality.”

beatBread also highlighted that labels interested in benefiting from the GIF will be able to choose their distribution partners and secure additional pools of co-investment capital from within beatBread’s Funding Network. Furthermore, they can compare various funding structures and options using beatBread’s Deal Comparison Tool.

Launched in February, the Comparison Tool aims to provide indie artists and labels with transparency regarding the long-term costs and potential earnings associated with different funding structures. Importantly, labels can use the tool regardless of whether they seek financing through the Global Independence Fund.

Independent labels interested in accessing the fund can apply directly through beatBread’s website. However, the company has not disclosed how it will allocate the $100 million across applicants or if it plans to raise additional capital for future deployments.

Founded in 2020, beatBread previously raised $34 million in a seed round in 2022 before closing a $100 million institutional fund later that same year. The company also launched an exclusive investor network in 2022, which brought funding from music companies, distributors, and high-net-worth individuals into its existing institutional capital pool.

In 2023, beatBread introduced multi-million dollar advances specifically for songwriters and added publishing administration services through partnerships with Kobalt and AMRA.

By February 2024, beatBread reported having paid advances covering both existing music catalogs and new, unreleased material to over 1,300 clients across six continents, with funding amounts ranging from $1,000 to over $10 million.

— Music Business Worldwide
https://www.musicbusinessworldwide.com/beatbread-unveils-100m-global-indie-fund-in-partnership-with-aim-win-impala/