Pipeline Media has announced a series of senior leadership appointments.
The financing platform focused on the music and wider creative industries continues to expand its global footprint. It is backed by more than $200 million in capital to support independent music businesses.
Jay Srivastav has joined the company as head of data & product, where he will lead the development of Pipeline’s royalty infrastructure and data systems to ensure efficiency and scalability as the business grows across labels, publishers and distributors.
Srivastav began his career at FTI Consulting, focusing on music catalogue transactions and collateral valuations, before joining Royal to help build analytics and forecasting systems for an artist-to-fan music-rights marketplace. He later co-founded Syncopate, a royalty management platform for music-rights investors, scaling it to over $1 million in annual recurring revenue within 12 months.
“At Pipeline, his focus will be on building a financing platform at the intersection of music, data and capital, designed to enhance how independent music companies operate and compete,” said a statement.
“Most independent music companies are dealing with more data than they know what to do with including royalties, streaming performance, metadata, deal terms and reporting,” said Srivastav. “It’s scattered across systems that are often old and don’t talk to each other. The opportunity to bring all of that together and turn it into something Pipeline’s users can actually make decisions with is what brought me here.”
Jennifer Scher has joined the company as chief financial officer. She has more than 25 years of experience across private equity, corporate finance, financial operations and strategic planning within both start-up and multinational music companies.
Over the course of her career, she has raised more than $750 million in acquisition funding and executed over $1 billion in music acquisitions, including Carlin Music by Round Hill, as well as raising more than $250 million in debt financing focused on music assets.
At Pipeline, she will oversee all aspects of finance, including enterprise resource implementation planning, forecasting, budgeting and policy development. She previously served as a member of the Seeker board of directors and investment committee, and has led acquisition due diligence and post-acquisition reporting across a range of transactions.
These appointments reflect our commitment to building a world-class team with deep expertise across finance, legal and data
Matt Spetzler
“Pipeline is building something highly differentiated at the intersection of capital and music, and I’m excited to bring my experience to a platform that is focused on long-term value creation for independent rights holders,” said Scher. “The opportunity to combine disciplined financial strategy with a deep understanding of music assets is incredibly compelling.”
The company has also appointed Jason Munro as general counsel & head of business affairs, where he will oversee all business affairs, legal, compliance and corporate governance matters.
He spent a decade at BMG, most recently serving as head of business & legal affairs for Recorded Music, North America. Since relocating from London to New York in 2018, he has been a key member of BMG’s US deal team, specialising in global music agreements and catalogue acquisitions.
Earlier in his career, he worked at SJ Berwin on Universal Music Group’s acquisition of EMI and the Parlophone Label Group divestment, before roles at Russells Solicitors and Island Records, where he managed day-to-day business affairs across the roster.
“Independent music businesses are the backbone of this industry, built by passionate, creator-driven entrepreneurs who live and breathe the music but are often underserved when it comes to capital and resources,” said Munro. “Pipeline is changing that, and being part of that mission is something I am genuinely excited to be a part of.”
Matt Spetzler, founder and CEO of Pipeline Media, said: “These appointments reflect our commitment to building a world-class team with deep expertise across finance, legal and data. Jennifer, Jason and Jay each bring a unique and highly relevant skill set that strengthens our ability to support independent music businesses globally with the capital and infrastructure they need to thrive.”
Pipeline Media continues to position itself at the forefront of music-finance innovation, providing independent labels, publishers and distributors with access to capital, data-driven insights and operational infrastructure designed to unlock long-term value.”
PHOTO: (L-R) Jason Munro, Jennifer Scher and Jay Srivastav
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