Sound Royalties Welcomes Michael Bizenov as Company's New President
Michael Bizenov will now lead the fast-growing music finance firm and help shape its future vision. The highly skilled executive brings extensive experience in financing, strategic planning, sales and business development.
WEST PALM BEACH, Fla., Sept. 18, 2018 /PRNewswire-PRWeb/ -- Music industry specialty finance firm Sound Royalties is excited to welcome seasoned executive Michael Bizenov as the company's new President. Bizenov will now bring his principled entrepreneurial management style to Sound Royalties' South Florida-based headquarters to fuel the company's future growth plans.
Bizenov comes to Sound Royalties with a distinguished level of experience in financial services, business strategy, sales leadership, and management development which he has utilized to build and grow numerous companies and divisions over the course of his career. Using his wide breadth of expertise, Bizenov has been instrumental in taking many promising businesses to the next level.
"We are thrilled to welcome Michael to our team and know that he will be transformative for Sound Royalties going forward," said Founder and CEO Alex Heiche. "I started Sound Royalties out of a passion for the music business, and for us to continue our successful rise to the top of the industry, I need to stay active in this space and close to our customers, friends and supporters. With Michael now expertly managing the company, I can concentrate on the music and the creatives who are the cornerstone of our business."
Bizenov added: "Sound Royalties is an innovative company that is changing the music finance industry for the better. I'm proud to join this team and continue to drive its mission forward to help creatives succeed. My belief is that planning and strategy are vital to any company's growth, but the difference is ultimately made in how effectively you execute, and that's where I plan to focus. I look forward to helping accelerate Sound Royalties' growth even further in the months and years to come."
Previously, Bizenov was a consultant for UBS and Litchfield Road Consulting, where he provided senior advisory support on program implementation, business and strategy development, sales and financing, and process enhancement. Prior to that, he spent 20 years at Sterling National Bank, helping grow the bank's assets from under $1 billion to $15 billion and culminating his tenure there as the institution's President of Consumer Banking.
Bizenov is also highly active in community and charitable activities, including work with the Y in his childhood neighborhood, a teen leadership development and mentoring program, and serving as a long-time youth basketball coach and a board member of his local Catholic Youth Organization.
About Sound Royalties
Founded by CEO Alex Heiche, Sound Royalties, LLC is a privately-owned specialty finance firm that helps music industry professionals fund personal and professional projects while allowing them to retain the rights to their music and royalties. The company's core business is offering royalty advances of anywhere from $5,000 to $10 million, without having to deal with credit issues, while preserving all rights to the artist's music. It does this by advancing artist royalties paid through music labels, digital performance royalties paid through Sound Exchange, songwriter royalties and performance royalties paid through music publishers and Performing Rights Organizations such as ASCAP, BMI and SESAC, and music streaming royalties from Spotify, Apple Music and YouTube. To date, Sound Royalties, LLC has worked with a wide range of leading music industry professionals, including Grammy Award winners, platinum recording artists and notable music industry executives in every genre. Learn more at https://www.soundroyalties.com.
SOURCE Sound Royalties
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