Peter Sinclair, Founder of beatBread, Has Died

Peter Sinclair, Co-Founder and CEO of beatBread, the financing platform for independent music projects, has passed away at the age of 50.

Sinclair’s legacy:

• Prior to running beatBread, Sinclair worked at prominent companies in the entertainment and financing spheres, such as ScoreBig, Green Dot, and McKinsey.

• He was also Senior VP of Consumer and E-Commerce at Universal Music Group.

• Sinclair just secured $124 million in funding for beatBread. The company has already financed projects in amounts as high as $10 million.

• A memorial service will be held on Friday, September 5, at 10:30 a.m. at San Marino Community Church in San Marino, California.

What they said:

• John Haller, beatBread Co-Founder: “Everyone at beatBread is shattered by this news. Peter was a passionate and dedicated leader whose unshakable belief in the importance of artist independence has helped inspire every decision we’ve made. We mourn him deeply, and we’re as committed as ever to honoring his legacy as we move forward.”

• beatBread: “The entire beatBread community – employees, leadership, our investors, and partners – stand united in both grief and purpose.”