GoldState Music
GoldState Music is a private investment firm that operates a Rights Fund acquiring music IP (masters, publishing, royalties) and a Growth Fund backing music-oriented companies, targeting institutional LPs and rights holders seeking capital and active management.
- Company typePrivate
- Founded2022
- HeadquartersOrlando, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What GoldState Music does
GoldState Music is a private investment firm founded in 2022 by music industry veteran Charles Goldstuck and headquartered in West Palm Beach, Florida, with approximately 25 team members. The firm operates two complementary fund products: a Rights Fund that acquires music intellectual property assets (master recordings, publishing rights, producer royalties, and neighboring rights) and applies active management to grow catalog value, and a Growth Fund that provides expansion capital and operational support to music-oriented companies. Its rights portfolio spans catalogs across country, pop-punk, EDM, R&B, Latin, and progressive metal, including assets acquired from CatchPoint and AMR Songs. The growth portfolio includes Too Lost (music distribution and artist financing serving 450,000+ musicians across 480+ platforms), TouchTunes (interactive jukebox network in 95,000+ venues), Create Music Group (distribution and YouTube monetization of 12+ billion monthly streams), and The Sanctuary (recording studio in Albany, Bahamas). The firm is differentiated by senior leadership drawn from BMG, Sony Music, TouchTunes, Glassnote Records, and FTI Consulting's music valuation practice, and has secured institutional capital from Northleaf Capital Partners, Ares Management, Bridgepoint, and Flexpoint Ford, deploying over $700 million across catalog acquisitions and strategic investments since inception.
GoldState Music firmographics
Firmographics- Name
- GoldState Music
- Legal name
- GoldState Music
- Website
- https://goldstate.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- GoldState Music is a private investment firm that operates a Rights Fund acquiring music IP (masters, publishing, royalties) and a Growth Fund backing music-oriented companies, targeting institutional LPs and rights holders seeking capital and active management.
- Ownership category
- akta.pro rank
GoldState Music industry classification
Industry- Product category
- Music Rights Investment
- NAICS
- Open-End Investment Funds (525910), Music Publishers (51223)
- akta.pro primary industry
- Royalty Financing, Advances & Securitization (Catalog Finance) (MPAIAKAH)
- akta.pro secondary industries
- Music Rights Administration & Royalty Processing (Admin, Accounting, Statements) (MPAIAKAD), Royalty Accounting & Payment Services (Statements, Audits, Payee Management) (MPAIABAL), Royalty Analytics, Forecasting & Valuation Services (MPAIAKAG)
Keywords
Where GoldState Music is headquartered
LocationHeadquarters
- HQ city
- Orlando
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
GoldState Music business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Music Rights Investment Returns: Returns generated from music intellectual property assets including master recordings, publishing rights, producer royalties, and neighboring rights through royalty income and catalog appreciation.
- Growth Equity Investment Returns: Returns from investments in music-oriented companies with growth potential, including capital appreciation through exits and operational value creation.
- Strategic Capital Raising: GoldState raised $500M in strategic capital from institutional investors (Northleaf Capital Partners and Ares Management) to fund music IP deals and technology investments.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
GoldState Music product offering
Product offeringCore offering
GoldState Music is a private investment firm that deploys capital across two complementary strategies: a Rights Fund that acquires music intellectual property assets (master recordings, publishing rights, producer royalties, and neighboring rights), and a Growth Fund that invests equity in music-oriented companies with healthy growth rates and established market positions. The firm applies proprietary catalog valuation, active management, and operational expertise to source proprietary deal flow through founder Charles Goldstuck's decades of major-label relationships.
Product overview
GoldState Music operates as a private investment firm with two primary fund products: a Rights Fund that invests in music intellectual property assets (master recordings, publishing rights, producer royalties, neighboring rights), and a Growth Fund that invests in music-oriented companies. The firm maintains a portfolio of music-related companies including Too Lost (music distribution and analytics platform), TouchTunes (venue entertainment platform), Create Music Group (distribution and YouTube monetization), and The Sanctuary (recording studio). The Rights Fund and Growth Fund represent the core investment products, while the portfolio companies provide exposure to various segments of the music technology and services ecosystem.
Differentiator
Problem solved
Functional benefit
Products and services
- Rights Fund GoldState's Rights Fund invests in music intellectual property assets such as master recordings, publishing rights, producer royalties, and neighboring rights. It leverages the firm's global industry expertise to identify rights with attractive performance trajectories, and applies an active management strategy with fund synergy to drive catalog growth. The fund is targeted at institutional investors and serves music rights owners seeking capital or active management for their catalogs.
- Growth Fund GoldState's Growth Fund invests in music-oriented companies with healthy growth rates, exceptional leadership, well-established market positions, and potential for attractive margins. The fund targets distribution platforms, music technology companies, and artist services businesses, providing growth capital, unparalleled industry access, and active participation in strategic planning.
Quantifiable outcome
- Too Lost reached valuation reportedly up to three times its annual revenue of over USD 100 million in 2025 following GoldState investment
- +2 more outcomes
Companies that use GoldState Music
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
GoldState Music technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
GoldState Music partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights6 records
GoldState Music competitors and assessment
Company assessmentOthers
- KKR: Global alternative asset manager with dedicated music IP and entertainment investing verticals. Thematically adjacent in providing institutional capital to music rights and music-services companies, though a much broader PE platform than GoldState.
Broad incumbents
- BMG: Global music company combining recorded music, publishing, and rights acquisition managed by Bertelsmann. Operates a much larger and broader portfolio than GoldState but competes for the same catalog flow; GoldState's founder was previously President & COO of BMG.
- Warner Chappell Music: Music publishing arm of Warner Music Group, one of the largest music publishers globally. Competes for top-tier song catalog acquisitions but as part of a major-label group with much broader capabilities than GoldState.
Direct peers
- Round Hill Music Royalty Fund: Music rights acquisition fund that buys and manages catalogs of songs and masters. Direct comparable to GoldState's Rights Fund in business model and asset class, with a publicly traded listing providing additional transparency.
- Hipgnosis Songs Fund: Publicly listed music rights acquisition and management fund that buys song copyrights and royalty streams. Closest direct peer to GoldState's Rights Fund, competing for the same catalog flow with a longer operating history.
- Concord Music Group: Major independent music publisher, record label and rights acquirer that actively buys and manages music catalogs. Comparable to GoldState in acquiring masters, publishing and royalties and operating an active rights management business.
- Influence Media Partners: BlackRock-backed music rights fund focused on acquiring publishing and master royalties from top artists/songwriters. Direct competitor in music catalog finance and a relevant comparable given its institutional LP backing.
- Primary Wave Music: Independent music publisher and talent management company that acquires legendary artists' catalogs and rights. Directly competes with GoldState's Rights Fund for high-profile catalog acquisitions and offers similar artist-services capabilities.
- Reservoir Media: Independent music publisher that acquires and administers song catalogs alongside publishing and recorded music operations. Overlaps with GoldState's Rights Fund in acquiring and actively managing publishing rights.
- HarbourView Equity Partners: Music-focused private equity firm that invests across sports, media and entertainment IP, with material exposure to music rights. GoldState team members have worked there, and it competes for similar catalog and music-platform deals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
GoldState Music social profiles
Digital presenceGoldState Music financial estimates
Financial estimateRevenue estimate
Valuation estimate
GoldState Music leadership team
Management profileNumber of profiles
Profiles12 records
GoldState Music funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GoldState Music M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GoldState Music
What does GoldState Music do?
GoldState Music is a private investment firm that deploys capital across two complementary strategies: a Rights Fund that acquires music intellectual property assets (master recordings, publishing rights, producer royalties, and neighboring rights), and a Growth Fund that invests equity in music-oriented companies with healthy growth rates and established market positions. The firm applies proprietary catalog valuation, active management, and operational expertise to source proprietary deal flow through founder Charles Goldstuck's decades of major-label relationships.
Is GoldState Music a public or private company?
GoldState Music is a private company. It is classified as venture growth investor backed and is currently operating.
When was GoldState Music founded?
GoldState Music was founded in 2022. It employs 11 to 50 people.
Where is GoldState Music based?
GoldState Music is headquartered in Orlando, United States, in the North America region.
How does GoldState Music make money?
Three revenue lines are on record. Music Rights Investment Returns are the primary driver. The others are growth Equity Investment Returns and strategic Capital Raising.
Who are GoldState Music's main competitors?
KKR is listed as an others. Broad incumbents are BMG and Warner Chappell Music. Direct peers are Round Hill Music Royalty Fund, Hipgnosis Songs Fund, Concord Music Group, Influence Media Partners, Primary Wave Music, Reservoir Media and HarbourView Equity Partners.
Does GoldState Music have an API?
No public API is recorded for GoldState Music.
What industry is GoldState Music in?
GoldState Music's product category is Music Rights Investment. Its primary akta.pro industry code is MPAIAKAH, Royalty Financing, Advances & Securitization (Catalog Finance), with a secondary code of MPAIAKAD, Music Rights Administration & Royalty Processing (Admin, Accounting, Statements). Its NAICS code is 525910.