Symphonic has introduced a new initiative called Symphonic NEXT, aimed at supporting independent artists, labels, and managers with access to catalog financing, royalty advances, and potential acquisition opportunities. The program, which represents Symphonic’s first formal entry into catalog deals and strategic partnerships, will be led by Michelle Garramone, who joined the company earlier this year as Head of Strategic Partnerships. It also signals an expansion of Symphonic’s business beyond its core distribution services into broader financial and rights-based solutions for the independent music community.

– A&R Worldwide