The ICM Crescendo Music Royalty Fund has acquired manager Albert Grossman’s commission stake in works from Janis Joplin and Gordon Lightfoot. Higher-ups at the ICM Crescendo Music Royalty Fund, which arrived on the scene in 2020 and is based out of Calgary, just recently unveiled the purchase. Strategically, ICM CMRF has made clear its objective of “acquiring entertainment rights that generate revenue generated from streaming platforms such as YouTube, Spotify and Pandora.”
Source: Gordon Lightfoot, Janis Joplin ‘Commission Rights’ Sold to ICM