Roshi Motman has been been appointed CEO of Swedish impartial music distribution and artist providers firm Amuse
Motman, who has held the place as Amuse’s COO since October 2020, succeeds Co-founder Diego Farias, who’s now stepping down from his position as CEO and exiting the agency after seven years.
Motman’s appointment is efficient as of this month (January 2022).
Based in Stockholm in 2015, Amuse has attracted a variety of music business consideration over time, for being the supply of artists who are actually superstars like Lil Nas X, along with its controversial enterprise mannequin of providing free distribution for indie artists to music streaming providers.
The corporate launched a subscription tier referred to as Amuse Professional in March 2020.
Amuse claims that “a whole lot of hundreds of customers” distribute their music on the platform and that it noticed a three-fold enhance in internet income progress between 2020 and 2021 – “to a big extent fueled by label operations”, in response to the corporate.
The agency’s revenues grew 209% in 2019, but it surely posted a $11 million working loss that yr.
Roshi Motman has an “in depth background of constructing and remodeling profitable firms inside Telecoms and Media”, in response to Amuse.
She was initially considered one of Amuse’s first Angel Traders when the firm began.
In October 2020 she joined the corporate as COO and Board Member and is now taking up the position as CEO.
Amuse at the moment has round 50 workers in Europe and the US, spanning from tech improvement to content material administration and artist advertising.
Along with Roshi Motman, Amuse’s board of administrators consists of Chairman of the Board Jörg Mohaupt, former Epic Data president Amanda Ghost and Giorgio D’Ambrosio from Bridford Group, with Fred Davis and Gordon Rubenstein as Advisors.
In a media assertion asserting Farias’ departure and Motman’s appointment, the corporate notes that, “since its begin, Amuse has been backed by key business gamers throughout the tech and music funding sector, similar to The Raine Group and Bridford Group”.
“I’m excited to proceed constructing upon Amuse’s imaginative and prescient with our unbelievable workforce.”
Talking to MBW, Motman mentioned: “Diego grew Amuse from seven folks in a Stockholm basement into an agile and dynamic enterprise and neighborhood, serving artists and creators in additional than 150 nations.
“I’m excited to proceed constructing upon Amuse’s imaginative and prescient with our unbelievable workforce: a number one disruptive music firm that makes use of tech instruments to create new and higher methods for expertise discovery and empowering artists and creators to be in control of their very own careers.”
Andreas Ahlenius, one other Amuse co-founder, left the corporate in September 2020.Music Enterprise Worldwide