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Hummingbird Music - Investor Deck (Final)

Hummingbird Music (‘HML’) has been established to take advantage of the early-stage talent investment void. As a Talent Incubator, it will supply skills and supporting infrastructure, enabling artists to flourish and progress to the next level, with the potential of up-selling to established/major record companies. Drawing on a World-class in-house song-writing and production team that has a proven track record of developing emerging talent to major global deals, HML’s intention is to invest in three artists, Jack Rainey, LOOPi and AN Other (TBC) to create, distribute and exploit contemporary ‘pop’ music. In addition to generating income from music-based activities, HML will benefit by building a catalogue of both recording and publishing rights, retaining an interest in both.

Hummingbird Music (‘HML’) has been established to take advantage of the early-stage talent investment void.

As a Talent Incubator, it will supply skills and supporting infrastructure, enabling artists to flourish and progress to the next level, with the potential of up-selling to established/major record companies.

Drawing on a World-class in-house song-writing and production team that has a proven track record of developing emerging talent to major global deals, HML’s intention is to invest in three artists, Jack Rainey, LOOPi and AN Other (TBC) to create, distribute and exploit contemporary ‘pop’ music.
In addition to generating income from music-based activities, HML will benefit by building a catalogue of both recording and publishing rights, retaining an interest in both.

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TALENT DEVELOPMENT INCUBATOR

www.hummingbirdmusic.group 01


The Mission

Hummingbird Music (‘HML’) has been established to take advantage of the early-stage talent

investment void.

As a Talent Incubator, it will supply skills and supporting infrastructure, enabling artists to flourish

and progress to the next level, with the potential of up-selling to established/major record

companies.

Drawing on a World-class in-house song-writing and production team that has a proven track

record of developing emerging talent to major global deals, HML’s intention is to invest in three

artists, Jack Rainey, LOOPi and AN Other (TBC) to create, distribute and exploit contemporary

‘pop’ music.

In addition to generating income from music-based activities, HML will benefit by building a

catalogue of both recording and publishing rights, retaining an interest in both.

02

www.hummingbirdmusic.group


The Plan

• The HML song-writing and production team will create 6 masters per artist with a 50%

interest

• Develop 4 related assets per master (original, remix, acoustic, piano)

• All assets to be promoted via Spotify/Apple targeted playlists and digital marketing

activity (socials/biogs) supported by video

• Tracks to be released in digital format only via HML securing an appropriate distribution

partner

• Principal income generated from streaming activity and publishing

• Ancillary income generated from live, merchandising, brand partnerships and sync

licensing into film and television

• Possibility of highly lucrative royalty participation via licensing recordings to established/

major record companies

• Creation and retention of rights in IP (i.e. catalogue of songs/recordings) accruing future

value

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The Team

Torsten Stenzel

PRINCIPAL PRODUCER & DIRECTOR

Carrying a rep as one of the world’s top trance producers, Torsten Stenzel is probably bestknown

for his efforts as one half of the duo York. Hailing from Germany, he grew up on classical

music and was a skilled piano and organ player from an early age.

When the dance music scene exploded across Europe during the early ‘90s, the young Stenzel

couldn’t help but get involved. With his first No.1 hit before the age of 21 (N.U.K.E. - Nana),

his work has regularly graced dance charts all over the continent ever since, mainly with DJ

Taucher, Diver & Ace, and, of course, York.

Following their first single, “Awakening”, in 1998, they have caused waves all over Europe, in

particular, the U.K. - with their delectable brand of trance house. Torsten has also remixed and/

or produced for Moby, DJ Sakin, Faithless, Mike Oldfield, Chris Rea and many others.

With several Platinum and Gold records under his belt, including with Hummingbird cofounder

Adrian Zagoritis, recently Torsten has worked as an A&R, developing young artists

from ‘unknowns’ (Shady Brothers, Au/Ra) into signed artists with major labels. His experience

managing his own daughter Jamie, whom he helped sign a five album worldwide deal with Sony,

has been invaluable, and he has discovered and nurtured other artists to a high standard.

He continues to produce and release excellent remixes on his long-time record label Planet

Love Records.

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Adrian Zagoritis

PRINCIPAL SONGWRITER & DIRECTOR

Born and bred in Kenya, Adrian’s passion for music brought him to the UK, where in the late 90s

he worked with Maxi Priest and hitmakers Stock & Aitken. His song-writing success in the early

OOs included a platinum-selling hit in seven countries (Automatic - EliZe), and several pop/

dance releases with fellow Hummingbird co-founder Torsten Stenzel. These saw Adrian signed

to a worldwide deal with Universal Music Publishing.

Since then he had hits with several X-Factor winners, and worked with Rob Harris and Matt

Johnson of Jamiroquai. Many of Adrian’s 450 record releases worldwide have charted in over a

dozen countries. He has achieved four IFPI Platinum Awards and eight IFPI Gold Awards.

In 2011 he set up his own company Shimmer Music Publishing, and has twice been invited as

guest speaker at the UK Music Publisher’s Association (MPA).

Adrian continues to enjoy success as a writer and producer. He had a recent UK Dance chart Top

10 with Funkstar De Luxe (producer of Bob Marley’s ‘Sun Is Shining’), and is currently writing a

musical called ‘Handbags and Gladrags’ with Ivor Novello award-winner Mike D’Abo (ex-Manfred

Mann).

Torsten and Adrian’s fruitful longstanding collaboration, and their dynamism in spotting

and nurturing young artists, makes them the ideal duo to drive Hummingbird forward

into an exciting future.

Please check promo video here: Producer Team

Previously nurtured artists to major deals:

Jamie Lou aka AU / RA

Shady Brothers

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Ed Wood

COMMERCIAL DIRECTOR

Ed Wood, Chartered Accountant by training, Entrepreneur by inclination, has worked with many

companies, smaller and larger, across many sectors, for almost half a century.

He is widely experienced with start-ups, scale-ups and growth situations.

His skills, as both an auditor and then an entrepreneur, have benefitted companies as diverse

as Gore Browne Investment Management, Savills Rural, Yousoft, Marine & Aviation Finance

International, among many others. He also has considerable experience in the roles of Director,

Non Executive Director, Chairman, and Trustee.

Ed is also the Arbishop of Canterbury’s appointee as Trustee to The Magdalen Hospital Trust.

His new company, Runway Advisors, brings together twenty-five other professionals who give

forensic advice to both start-ups and established companies.

He is well able to keep a cool head as a former commercial helicopter pilot with several thousand

hours of flying experience, and has the knack of getting quickly to the pith of what needs doing.

As the Chairman of a firm of accountants in the music industry, and as a Non Executive Director

and former Managing Director of Standon Calling, a well-known music festival, Ed brings to

Hummingbird a combination of his broader experience and music industry-specific focus.

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Nick Lawrence

FINANCE DIRECTOR

Nick is the founder & CEO of BigStar Business Management.

Nick has a decade of senior experience of blue-chip corporate accountancy. But for all the skills

and practical expertise he gained in his corporate past, he became disillusioned with traditional

accountancy. The spreadsheets. The detachment. The elevator music. All of that was precisely

what he didn’t want to be a part of.

Meanwhile, bubbling away in the background, Nick had nursed a lifelong obsession for music

and the arts. Had he been a better DJ, he might have just run off and done that. Instead, he

decided to put his passion and his profession together and do accountancy his way.

In 2017, he founded BigStar Business Management. And he’s not looked back, building a roster

of world-beating talent from both the front and back stages of the entertainment industry - all

of whom share his belief that good accountancy and business management should be actively

in sync with career ambitions, aspirations and success.

Awarded top 50 Music Industry Advisor status by Music Business Worldwide 2018.

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The Talent

Jack Rainey

Jack Rainey was born in the paradise of Antigua growing up in a happy, musical household, with

both his parents earning their livings as professional musicians.

By the age of 10 Jack could play the piano, guitar and flute. He wrote his first song aged 13, and

has continued to express himself as a singer/composer ever since.

Spotted at the age of 15 by visiting modelling agency BHS in Antigua, he was invited to London,

eventually signing to Select Model Management. Advertising campaigns featuring Jack included

Topman, and he remained with Select until the age of 19. He left Antigua for the USA, where his

talents were recognised in his being accepted into the prestigious Berklee College of Music.

On returning to Antigua, work included gigging as guitarist and vocalist with a 5-piece band rock

band Sound Citizens. Now bitten by the performing bug, Jack continued to gain more valuable

stage experience by immersing himself in ‘open mic’ nights where his musical improvisation and

instrumental skills improved exponentially.

Recently he became acquainted with Hummingbird director Torsten Stenzel, who instantly

recognised his considerable appeal. A writing and recording session with Jack soon convinced

Torsten that he had chanced upon a rare commodity: namely, a naturally- gifted young artist

with a flair for music from an early age, a gift for performance and a deep desire and ability to

communicate his music to a wider audience.

Please check promo video here: Jack Rainey

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www.hummingbirdmusic.group


LOOPi

LOOPi was born a free spirit in Sweden. She was one of two students who achieved a music

scholarship on finishing High School. She now studies music in Malmo at Spinneret, a prestigious

institution with a focus on the personal development of artists, with a premium placed on truthful

self-expression and live performance.

At 19, LOOPi created her first album, which gave her complete responsibility over the entire

writing, producing, recording, mixing, and even video production processes. Successfully released

after months of hard work, the standout song was Fade Away, which reached over 300,000 plays

on Spotify.

LOOPi’s stage experiences then included accompanying a Symphony Orchestra at Helsingborg

Concert Hall, culminating in three soldout shows. Festival appearances in Denmark and several live

solo shows followed. Her reputation for live performance and stage presence continued to grow.

At the age of 21 LOOPi was hand-picked to be a part of Major Tom, an incubator for artists who

are given the opportunity to learn about the music business, receive individual coaching, and work

with talented people within the world of music.

Recently she came to the attention of Hummingbird, who were impressed with her talent,

charisma, and artistic integrity. Her passion for live performance and profound understanding of

the entire creative process convinced them that here indeed was a unique talent, ready to fulfil

her considerable potential. Like the lyric from her song - “I’d rather burn than fade away” - it’s a

mantra that LOOPi holds close to her heart.

Please check promo video here: LOOPi

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The Numbers

HUMMINGBIRD MUSIC - TALENT DEVELOPMENT INCUBATOR

PROJECTIONS

SUMMARY

£'000

Years Year Year Year Total Commentary

2020/21 2022 2023 2024

Talent Activity

Income 185 194 156 124 659 Streaming only - 20% attrition

Expenditure (176) 0 0 0 (176) Advances, production and promotion

Direct contribution 9 194 156 124 483

Upstream revenue 0 10 10 10 30 Licensing

Gross Talent Result 9 204 166 134 513

Royalties Payable (29) (102) (83) (67) (281) 50/50 splits

Other Income 0 20 20 20 60 Neighbouring rights

Net Talent Result (20) 122 103 87 292

Overhead (42) (5) (5) (5) (57) YRS 3>5 - compliance costs only

Operating Result (62) 117 98 82 235

Taxation 0 (10) (19) (16) (45) UK corporation tax at 19%

Net Result (62) 107 79 67 190

Generated without taking into account up-selling to larger label

Notes:

Years 1&2 being talent development and asset creation phase

Years 3 > 5 being income generation

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Investment

HML is seeking investment of £150k to fund asset creation and promotion costs, plus

overhead.

51% of the issued share capital is to be retained by HML founders, leaving 49% available to

investors in the form of ordinary shares.

Investors should understand that this is not an initiative that generates a swift return and

therefore exit. The creation of music as an art-form with absolute integrity is paramount, and

timing cannot be appropriated to its financial return. It is therefore envisaged that exit cannot

be considered for a minimum of 5 years post money.

SEIS assurance will be progressed but cannot be guaranteed. .

Enquiries: nick.lawrence@bigstarbiz.co.uk

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