Case report · GM-549

549 — GoldState Music

Open case ↗

Needs attention

  • Surrender: The acquisition agreement is dated May 6, 2024, after both related posts (May 2020). The copy shows a DocuSign envelope ID and the buyer’s signature, but no seller signatures or completion record; the transfer is conditioned on receipt of the purchase price, and the Cash Date/closing evidence is not in the reviewed extract. Confirm execution, closing/effective date, and whether rights to pursue uses predating the transfer were conveyed.
  • Happiest Year: The available acquisition is from 2025, after the March 2021 post. The notarized short-form assignment specifically transfers Jaymes Young Music LLC’s scheduled interest, while the work roster reports 100% of Jaymes Young’s writer share and 50% of publishing; Warner-Tamerlane is a co-claimant. Confirm whether any individually held interest was conveyed under the separate APA (the seller signature is not shown in the available extract), the resulting share, and any transfer of pre-acquisition claims.
  • The Surrender agreement describes Sony/ATV publishing and collection limits but its referenced underlying publishing agreements/schedules were not separately identified in the organization library. Confirm the full composition terms and any work-specific restrictions.

Rights by work

  • Surrender — Natalie Taylor

    Show chain diagram
      - Master: The record identifies Anchor Room, LLC as the sound-recording author/claimant, and its Columbia agreement says the recordings, including “Surrender,” are owned by Anchor Room and exclusively licensed to Columbia. The May 2024 asset purchase agreement purports to transfer the sellers’ entire right, title, and interest in the master to GSM Asset Co II LLC. This supports an acquired master interest, subject to confirming the transfer closed and to Columbia’s exclusive license through April 29, 2030. It does not establish GSM’s ownership when the 2020 posts were made. - Composition: The 2024 registration identifies GSM Asset Co II LLC as claimant of “Surrender,” with transfer stated as “By written agreement.” The asset purchase agreement also purports to transfer the sellers’ entire composition interest. That transfer is subject to the pre-existing Sony/ATV publishing agreements: the excerpt describes administration/retention and collection periods extending into 2025–26. Closing, precise Cash Date, underlying publishing terms, and rights at the 2020 post date remain open.
    • Happiest Year — Jaymes Young

      Show chain diagram
        - Master: Not listed for this work. - Composition: A notarized short-form assignment dated July 11, 2025 transfers Jaymes Young Music LLC’s entire interest in the scheduled compositions to GSM Asset Co II LLC; Schedule 1 names “Happiest Year” and lists two BMI work codes. The ownership roster describes GSM’s interest as 100% of Jaymes Young’s writer share and 50% of publishing, with Warner Chappell holding the other publishing half; the 2019 registration likewise names Jaymes Young Music and Warner-Tamerlane as claimants. This supports a transferred, partial composition interest, not ownership of the whole composition. Confirm the extent of any individually held share under the separate 2025 APA and whether the transfer covers the 2021 use.

      Posts

      TikTok times have no stored timezone.

      PostWorkPosted
      TikTok postSurrender2020-05-13 19:35
      TikTok postSurrender2020-05-20 15:05
      TikTok postHappiest Year2021-03-09 17:15

      Supporting documents

      • Surrender sound-recording registration (SR0000872960)
        Stored response identifies “Surrender / by Natalie Taylor,” a Sound Recording first published April 7, 2020, and Anchor Room, LLC as author (sound recording, employer for hire) and claimant. This supports the predecessor master link, not a transfer to GSM.
      • Surrender musical-work registration (PA0002477677)
        Stored response identifies “Surrender,” first published April 7, 2020, Howard authors, and GSM Asset Co II LLC as claimant by written agreement. Supports a registered composition claim in the case-owning legal entity.
      • Surrender asset purchase agreement extract
        Recitals identify the sellers, “Surrender,” and Columbia/Sony-ATV contracts; §3.1 purports to assign the sellers’ master and composition interests to GSM Asset Co II LLC.
        ?

        The grant is subject to receipt of the purchase price and third-party rights. The visible signature page has seller lines blank; the copy includes a DocuSign envelope ID, but no completion certificate. The extract does not establish the Cash Date or closing.

      • Columbia Distribution Agreement
        §3 says Anchor Room owns the Artist Recordings, including the “Surrender” single, and licenses them exclusively to Columbia during the License Period. The asset purchase agreement states the Columbia license expires April 29, 2030.
      • Happiest Year musical-work registration (PA0002211270)
        Stored response identifies “Happiest Year,” Jaymes Young as author, and Jaymes Young Music and Warner-Tamerlane Publishing Corp. as claimants by written agreement. It does not name GSM.
      • Happiest Year short-form assignment
        The July 11, 2025 assignment conveys Jaymes Young Music LLC’s entire interest in its Schedule 1 compositions to GSM Asset Co II LLC; Schedule 1 specifically lists “Happiest Year.” The notarial acknowledgment identifies Jaymes McFarland as the appearing signer for the LLC.
      • Jaymes Young asset purchase agreement extract
        Dated July 21, 2025; names Jaymes McFarland p/k/a Jaymes Young and Jaymes Young Music LLC as sellers and contains a grant of seller-held composition interests. The available extract’s seller signature line is blank and its title schedules are not included.
      • Jaymes Young ownership roster
        Lists “Happiest Year” and describes GSM’s share as all of Jaymes Young’s writer share and 50% of publishing; identifies Warner Chappell’s other 50% and Atlantic’s master interest. This is a share summary, not a transfer instrument.
      • GoldState Client Claim Authorization
        The July 2026 letter names GSM Asset Co II LLC with GSM Asset Co LLC and authorizes Third Chair and engaged lawyers to enforce and settle claims concerning Company Content and receive payments. The PDF has a valid BoldSign signature field dated July 28, 2026. This supports authority to act, separate from ownership.

      Document check

      Still needed

      • Verify seller-side execution and closing/Cash Date for the Surrender acquisition, underlying Sony/ATV publishing terms, and whether the assignments include accrued claims for the earlier posts.
      • Confirm the individual Jaymes McFarland seller’s execution/interest under the 2025 APA and the exact share transferred in “Happiest Year”; confirm whether pre-acquisition claims were assigned.

      What supports the chain

      For “Surrender,” the registry identifies GSM as composition claimant, while the Columbia agreement identifies Anchor Room as master owner and the later asset purchase purports to transfer both seller-held estates to GSM, subject to third-party terms and closing evidence. For “Happiest Year,” a notarized work-specific assignment transfers Jaymes Young Music LLC’s scheduled interest to GSM; the roster and registration show that interest is shared with Warner-Tamerlane. A signed 2026 authorization separately supports Third Chair’s authority to pursue Company Content.