• 2011 April 05

Company Description

evershift caters to tech driven companies and music industry with investments.

evershift serves as a vehicle to make direct investments into disruptive ideas, music and existing revenue generating businesses across industries. One of the focus areas at the moment is acquiring music and other intellectual property rights generating royalty income. An appealing aspect of royalties is the fact that they can be collected globally and in multiple currencies. So, although royalties are likely to be paid in U.S. dollars from a U.S.-based service like Broadcast Music, Inc. (BMI), for example, royalties are essentially an inflation protection as well as a currency hedge, as the US$ equivalent will fluctuate based on the various currencies royalties are paid in.