Audio Chateau Records (ACR) has secured up to $9 million in Series A financing to support its music, content and commercial partnership work. The company has also named songwriter and producer Jason “Poo Bear” Boyd a strategic adviser.
Funding and artist development
Founded by Jared Gutstadt, who also founded Jingle Punks, ACR plans to combine record label resources with content production and commercial partnerships. Its approach brings audience building, content and business opportunities into artist development.
Investors in the round include Jonathan Schulman, Ben Lurie and Julie Gauthier of CW Ventures.
Creative and commercial projects
Boyd is a Grammy-nominated songwriter and producer whose work with Justin Bieber includes “What Do You Mean?,” “Despacito (Remix)” and “I’m the One.”
Sports and entertainment partnerships form part of ACR’s strategy. Gutstadt’s previous collaborations include projects with Lil Wayne for Fox Sports, DJ Khaled with the Miami Marlins, and G-Eazy with the Ultimate Fighting Championship (UFC).
Recent ACR projects involving Clayton Johnson, Miles Victor and Ricky Retro have paired music releases with distribution, content and commercial opportunities. The company’s Los Angeles facility, the Audio Chateau, has three studios and has hosted MGK, Ty Dolla $ign and Miranda Lambert. ACR also has production and event capabilities in the Nashville area.
