Web3 media company Public Pressure has formed a new London-based division, called Public Pressure Music to oversee all activities related to music.
This includes its collaborations with the fashion and gaming industries, IP management and content acquisitions related to the Public Pressure marketplace, which is the company’s platform for the sale and purchase of NFTs.
Public Pressure Music will be headed up by Stephen King who has been appointed Managing Director of the new initiative.
Stephen King will take up this global role with immediate effect and will work directly with Sergio Mottola, Co-Founder and President of Public Pressure on the company’s strategic growth plans and with the company’s CEO Giulia Maresca on music acquisition and development.
He will also work closely with Francesca Versace, Chief Creative Officer, on developing innovative music and fashion content for the platform.
King is a former UK Managing Director of Believe. He exited the company in 2019 after 10 years with the company. He also held the role of Chief International Officer (CIO) of Believe between 2013 to 2017.
Before joining Believe, he ran his own artist management company, Ricochet, and was co-founder, alongside Alan McGee, of Creation Management, where he was Managing Director from 2002 to 2008.
During this period, he was also Managing Director of McGee’s Poptones label.
In addition, he also founded Ricochet Rights Eleven Associates (RR11A), a music business intelligence and management consultancy.
“I’m very much looking forward to leading Public Pressure Music and bringing my experience to their global team while helping them build on their excellent work to date.”
Stephen King, Public Pressure
Stephen King said: ”The ambition and vision of Public Pressure is incredible. They are leading the way in their field and creating new opportunities for music and other creative industries to work together in the exciting new environment of the metaverse.
“I’m very much looking forward to leading Public Pressure Music and bringing my experience to their global team while helping them build on their excellent work to date.”
“In Stephen King we have appointed a proven executive who will help us navigate not only the global music landscape but other creative industries as well.”
Sergio Mottola, Public Pressure
Sergio Mottola Co-Founder & President of Public Pressure said: “In Stephen King we have appointed a proven executive who will help us navigate not only the global music landscape but other creative industries as well.
“He brings unrivalled insight and experience and has an amazing track record of success while being a born innovator and leader.”
Public Pressure was originally launched in London in 2015 as an online community and magazine dedicated to giving a voice to emerging artists and labels.
In December 2022, Public Pressure raised $6 million in a funding round led by blockchain-focused investor Scytale.
Earlier in that same month, Public Pressure’s first NFT project raked in approximately $2 million within days of release.
Music Business Worldwide
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