RZA has taken a stake in AYO Music Group, the copyright administration company co-founded by Deborah Mannis-Gardner and Pär Almqvist. The Wu-Tang Clan member adds his name to a growing list of backers for the firm, which specializes in managing music rights and royalties.
Other investors in AYO include Disturbing Tha Peace Records co-founders Chaka Zulu and Jeff Dixon, Atlanta- and Johannesburg-based family office CIH Group, and Ewing Athletics owner David Goldberg. The expanding investor base points to continued interest from artists and executives in copyright administration as a growth area within the music rights sector.
Read the full story at Music Business Worldwide.