AMS Enterprise Closes $10 Million Dollar Distribution Deal With New York Hedge Fund
Entertainment industry powerhouse, AMS Enterprise has recently closed a major distribution deal with the New York hedge fund investment firm worth $10 million dollars, according to founder and CEO Alvin D. Mays who spoke briefly on the company’s new distribution platform company which will give artists and label’s a new monetized platform to distribute their music more efficiently with AMS working as an independent distributor for major record labels.
AMS Enterprise is a company that helps artists and labels monetize their platforms. Founded in 2007, AMS has made a major distribution deal with the New York hedge fund worth $10 million dollars. Gregory Fields Jr, the CEO, and president of AMS is excited to work with the hedge fund and see what this new platform can do for both parties involved. As part of their existing marketing, promotional, and distribution platforms, they are now able to offer independent artists and independent labels a monetized platform. AMS launched its new jazz division G.Fields Music Group in 2022 with over 5 million streams under the new platform so far by G.Fields.
Prince Baby Soda, who was founded by A&R, Cut Da Red Tape, will release his debut single ADD UP, Closing out the fourth quarter and gearing up for the 2023 start of AMS’s Distribution platform, on which future artists and labels can utilize a new opportunity through AMS Enterprise.
Because of this deal, there is renewed optimism in the music industry, and AMS has given artists and labels new opportunities for monetizing their product. While there are many other distribution platforms available, none compare to the scope that AMS provides. Artists who are signed with AMS can use funds from these sales to put towards touring expenses or recording costs. The deal also helps small label owners gain access to major retail stores which they would otherwise not be able to do on their own. The future looks bright for both independent musicians and label owners.
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