Get the latest gossip

GoldState Expands With $200M in Music Catalog Acquisitions

GoldState Music has acquired catalogs from CatchPoint and AMR Songs that include music publishing and recorded music royalty income streams.

Moreover, Goldstuck is the founder of The Sanctuary At Albany, which is described as a state-of-the-art recording studio in the Bahamas, and is also currently the executive chairman of TouchTunes Interactive Networks, the digital jukebox company with over 80,000 locations, according to his LinkedIn profile. Prior to making its latest catalog acquisitions, Goldstuck began by acquiring music intellectual property rights on its own, including by buying — based on the GoldState website — the rights of music by recording artists such as EDM DJ/artist Alan Walker, Christian group Anberlin, pop singer Daya, punk band Dead Kennedys and legendary soul singer Sam Moore, among others. In moving on to bigger acquisitions like its recent CatchPoint portfolio and AMR Songs deals, Goldstate so far appears to be eschewing iconic songs and catalogs that trade for frothy prices and multiples and instead has chosen to buy the catalogs of two firms, which separately on their own pursued niche genres and name artists — but not superstars — whose music rights assets produce steady income streams that trade at more reasonable price points.

Get the Android app