Prediction Enterprises Debuts as Latin Music Rights Management Firm
Written by djfrosty on December 2, 2024
After closing multiple deals in the past several months, Prediction Enterprises has officially launched as a music rights management company. Co-founded by industry veterans Matthew Limones and Nicolás González, the firm focuses on the rights and revenues of top music industry creatives and rights owners.
“I’m proud to have been able to found a company that offers essential and meaningful services in the sector of the business where I saw the need,” said Limones, CEO, in a press release. “After my tenure as an executive at one of the most important collective management organizations in the world, I saw an opportunity to jump in and start an operation that managed the rights and revenue of creatives that grew their business on the recorded music side.”
The company provides services for labels, publishers, artists, producers, and songwriters, and negotiated “multi-million dollar transactions of music catalog rights” and deals for top names that include Pitbull, Natanael Cano, Gerardo Ortiz, Sech, Darell, Belinda, Gabito Ballesteros, Cristian Castro, Nacho, Fariana, Lit Killah and brands such as Latin music festival Vibra Urbana and media company Rapeton.
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González, COO, added in the press release, “Many creative artists’ music careers move very fast and don’t have time to understand and learn which music rights belong to them or where to start claiming their rights and collecting their royalties. We saw an opportunity to help them.”
Limones brings a rich background in music technology, policy and label management to his role as CEO of Prediction Enterprises. Before co-founding the new company, Limones served as vp of artist relations at RichMusic; he was also the director of marketing at Universal Music Group/Capitol Latin, and manager of artist and label relations at SoundExchange, where he expanded the company’s Latin digital footprint. Limones has been featured on Billboard’s 40 Under 40 list and is a Billboard Latin Power Player alum.
González also offers a diverse background in tech, music business, and production to his role as COO. Before this, the exec was integral to the Uruguayan pop group Rombai, contributing as a music director, composer and producer. His work earned him accolades including the Uruguayan Music Graffiti Awards and honors from the Viña del Mar International Song Festival. He also serves as vp of the Music Managers Forum in Miami.
Check out Prediction Enterprises’ official website here.