Zach Katz signs up with FaZe Clan as President and COO, ahead of eSports company’s anticipated $1bn SPAC merger

The merging of music and video gaming worlds ends up being more fascinating every day.

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This week, it’s been validated that Zach Katz– previous President of BMG [773 articles]” > BMG in the United States, and previous CEO of Raised In Space– is signing up with FaZe Clan as President and COO.

The news comes 2 months after MBW exposed that Katz had actually signed up with FaZe Clan’s board, where he sits along with the Chairman of that board, Lee Trink.

Trink, likewise FaZe Clan’s CEO, likewise has a music market background: he’s the one-time President of EMI Capitol Music Group [387 articles]” > Capitol Music Group, and a previous General Manager of Virgin Records.

As President and COO of FaZe Clan, Katz will now report to Trink.

For those not familiar with its story, FaZe Clan is mostly an eSports media platform based in the United States.

It represents expert video gaming ‘clans’ throughout several interactive home entertainment titles consisting of Call of Duty, Counter-Strike: Global Offensive, PlayerUnknown’s Battlegrounds, Tom Clancy’s Rainbow Six Siege, FIFA, Valorant, Fortnite Battle Royale and Rocket League

As a media business, it has some reach: FaZe Clan’s YouTube channel, for instance, has almost 9 million customers and over a billion video plays.

FaZe Clan, which likewise runs an effective supplement department, just recently revealed strategies to go public by means of a merger with a US-based SPAC: B. Riley Principal 150 Merger Corp.

The combined business is anticipated to have actually a suggested equity evaluation of roughly $1 billion inclusive of almost $275 million in money on its balance sheet. The merger is anticipated to nearby completion of July.

Zach Katz will now manage FaZe Clan’s material, skill, product, durable goods, sponsorships and eSports services.

” FaZe Clan sits at the crossway of video gaming, developer economy and culture, all of which our company believe is leading the development of Web3,” states Lee Trink, CEO of FaZe Clan.

” FaZe Clan sits at the crossway of video gaming, developer economy and culture, all of which our company believe is leading the development of Web3.”

Lee Trink, FaZe Clan

” We are directly concentrated on constructing the future and by including Zach to our group, we are acquiring a tested leader who has comprehensive experience in dealing with ingenious, cultural brand names.

” Through my longstanding relationship with Zach, I rely on that he will assist catapult our business into the next stage of development, and bring functional quality to FaZe as we end up being a public business.”

Said Katz: “Building on FaZe Clan’s management in youth culture, our objective is to more push the borders of video gaming to drive development in home entertainment.

” I can’t think of a more amazing minute to sign up with FaZe Clan’s enthusiastic group and neighborhood.”


Katz started his profession as a music lawyer, then moved into music management, representing popular artists, manufacturers and songwriters.

From there, he co-founded and acted as CEO of the record label and music publishing business Beluga Heights which partnered with Sony Music Entertainment [1,182 articles]” > Sony Music, and later on, Warner Music Group [2,082 articles]” > Warner Brothers Records.

Katz likewise worked as Executive Vice President, Chief Creative Officer, and after that President of Records, Publishing and Operations of BMG prior to co-founding and functioning as CEO of music-tech mutual fund Raised In Space Enterprises. His co-founder at Raised In Space was Scooter Braun.

After leaving Raised In Space previously this year to release his own endeavor in music, Carte Blanche. Music Business Worldwide

Source: Zach Katz signs up with FaZe Clan as President and COO, ahead of eSports company’s anticipated $1bn SPAC merger

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