The music industry has seen dramatic changes and 3tone Music Group is leading the change with its artist first approach. This investment in the Arts is an integral part of the Carlton James Group’s future strategy in the sports, media, and entertainment sectors.
ROYAL WOOTTON BASSETT, United Kingdom, Oct. 04, 2022 (GLOBE NEWSWIRE) — The Carlton James Group, an investment management group specialising in recession resistant portfolios and venture debt, has provided a $50 million investment to 3tone Music Group, helping to fund further expansion of the company’s rapidly growing distribution platform.
3tone Music Group was first backed by the Carlton James Group in 2019, and has continued to go from strength to strength, adjusting its business plan to not just survive, but thrive during the Covid-19 Pandemic despite numerous lockdowns and live event cancellations.
The Bristol, UK-headquartered group is a talent-focused music and media company, best known for its distribution and artist/label services. Offering unlimited digital distribution for independent artists to multiple streaming platforms for a single annual fee, 3tone Music Group’s distribution model is now rival to the likes of TuneCore and DistroKid.
