The value behind the music: The rise of asset-backed strategies

Music catalogs are among the most interesting asset classes in modern capital markets, and a powerful example of how companies are using asset-backed securities (ABS) to meet their capital needs. In this episode of Navigating Beyond the Expected, host Lynn Norris talks with CJ Johnson, managing director of Media, Telecom & Entertainment investment banking, and Charlie Dann, managing director and Head of Esoteric ABS at Truist Securities. They discuss why music royalties and other revenue streams make such compelling candidates for ABS, how transactions work in practice, and what lessons other industries can learn from their success. Listeners will hear how Truist Securities guides companies through these complex transactions, from evaluating a catalog to closing the deal.Also in the discussion:• The characteristics of strong ABS portfolios• The impact of streaming and other data-intensive technologies on valuations• Other industries with high ABS potential• Public versus private ABS transaction strategiesNew episodes of Navigating Beyond the Expected arrive each month, featuring conversations with top Truist Securities experts about the challenges businesses are facing now. Be sure to subscribe to hear every episode.