ANote Music runs a marketplace where individual and professional investors can buy, sell and earn from shares of music royalties, while rights holders auction portions of future royalty income.

Founders

• Marzio F. Schena · Co-Founder and Chief Executive Officer
  Before ANote Music, he was a fund manager in Luxembourg; he holds an MSc in Finance from Bocconi University and studied in MBA programs at UCLA and INCAE.
• Matteo Cernuschi · Co-Founder and Chief Operating Officer
  Before ANote Music, he worked in IT consultancy at Ernst & Young Luxembourg and held roles with the Italy-America Chamber of Commerce of Texas and SES Satellites; he studied at IE Business School, Università Cattolica del Sacro Cuore and Harvard.
• Grégoire Mathonet · Co-Founder and Chief Technology Officer
  Before ANote Music, he worked at Envict, became Engineering Lead at LuxTrust and worked in digitalization at Crédit Suisse Luxembourg; he holds a Master’s Degree in Computer Science from the University of Liege.

Business model

ANote Music makes money primarily through royalty-distribution fees charged when investors receive payouts—4% for shares bought at auction and 8% for shares bought on the secondary market, capped at 0.5% of catalogue market capitalisation per distribution.