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The Pullman Group, LLC has been a pioneer in many facets of the music industry, for many years. The Pullman Group, LLC’s areas of expertise cover many aspects of the music industry, which include, but are not limited to Music Publishing Rights, Royalty Advance Funding, Royalty Advance Consulting, Music Royalty Sales, Music Royalty Purchasing, Music Catalog Buying and Selling, the Purchasing of Music Rights, Intellectual Property (IP) Loans, IP Advances, IP Royalty Advances, Distribution Dates, and much more.


The Pullman Group, LLC's intrinsic knowledge of the "inner workings" of how these processes are accomplished, have allowed them to work with the largest and most successful, music entities in the world, such as BMI, ASCAP, SESAC, PRS, Universal Music Publishing, Universal Records, EMI, Warner-Chappel Music Publishing, Warner Bros. Records, Sony Music and Sony/ ATV Music Publishing, Sony/BMG, and BMG just to name a few.


The Pullman Group, LLC revolutionized the financial world when David Pullman and the Pullman Group, LLC created Pullman Bonds™ starting with the "Bowie Bond" with rock icon, David Bowie. The Pullman Group, LLC went on to create a series of Pullman Bonds for some of the most legendary songwriters and recording artists with highly successful transactions including those for The Motown Hit Machine Holland Dozier Holland, R & B Royalty Ashford & Simpson, The Godfather of Soul James Brown and The Isley Brothers. Bowie Bonds and Pullman Bonds are registered trademarks of The Pullman Group, LLC


The Pullman Group, LLC is currently the most active buyer of writer's share in the music industry.  We are actively buying writer's share of payments from music publishers, record royalties, performance income, BMI and/or ASCAP and/or other societies, mechanical and synchronization rights, record masters income as well as co-publishing without administration, passive income rights, publishing and any other music, entertainment and/or other intellectual property royalties including actor residuals, SAG, AFTRA, DGA, WGA, PGA, directors, writers, producer's residuals, literary estates, author royalties, book royalties, TV and film libraries, and expanding always.


David Pullman is a Lifetime Member of the Songwriters Hall of Fame.


David Pullman
James Brown and David Pullman
David Pullman Spirit Magazine
The Man Who Sells Stars
James Brown and David Pullman
The Hollywood Reporter
James Brown and David Pullman
David Pullman
Ron Isley and David Pullman
David Pullman
David Pullman
Billboard Magazine
Billboard Cover
Something Wild by Linda Davies
Financial Times 1.11.16


May 2, 2024 - NY Times Cover StoryWhat Is a Song? featuring David Pullman

April 11, 2024 - The Telegraph UK - Sotheby’s to use Picasso, Warhol and Rembrandt paintings to back $500m bond. "The concept was pioneered in 1997, when David Bowie issued securities that gave investors share in the singer’s royalties over the next decade. The so-called “Bowie bonds”, conceived by banker David Pullman, were bought by US insurance giant Prudential. Bowie used some of the money raised to buy back the rights tohis songs from his former manager. Mr.  Pullman created similar bonds for a number of other celebrities, including singer James Brown. More recently, music rights firms such as Hipgnosis have allowed investors to cash in on royalties."

January 17, 2024 - Law360 - Pullman Says Sheet Music Shouldn't Protect Ed Sheeran

October 3, 2023 - Hypebeast - Pullman Plaintiff Files Appeal in Ed Sheeran, Marvin Gaye "Thinking Out Loud" Case "David Pullman’s Structured Asset Sales filed an appeal for the court to reverse its decision and restore the case so that it can go to trial."

October 3, 2023 - Law 360 - Pullman Wants 2nd Circ. To Revive 'Let's Get It On' Row 

"This will be a seminal case," music investor David Pullman promised in an interview."

October 2, 2023 - Billboard - Pullman Ed Sheeran ‘Let’s Get It On’ Copyright Case Isn’t Over Quite Yet

June 5, 2023 - The New Yorker- Here's Why Ed Sheeran Is Getting Sued Over a Marvin Gaye Song "Pullman said, it’s 'infringe now, worry about it later.'"

April 26, 2023 - Music Business World - Here's Why Pullman is suing Ed Sheeran Over a Marvin Gaye Song

April 26, 2023 - Complex - Here's Why Ed Sheeran Is Getting Sued by Pullman Over a Marvin Gaye Song

April 25, 2023 - Reuters - Ed Sheeran faces Pullman U.S. copyright trial over Marvin Gaye's 'Let's Get It On'

April 24, 2023 - NY Post - Several Ed Sheeran fans dismissed as potential jurors in copyright trial accusing singer of lifting from Marvin Gaye song

September 21, 2023 - Reuters - Pullman 'Let's Get It On' songwriter's estate ends Ed Sheeran copyright fight

November 17, 2022 - Billboard - James Brown Estate, Primary Wave Hit with Pullman Massive Lawsuit Over $90M Catalog Sale

February 7, 2022 - Music Business World - "...the most memorable pioneer of bonds"

December 18, 2021 - - “You cannot look away from the magnitude of these deals."- David Pullman

November 29, 2021 - Frazer Rice - David Pullman Podcast Featured Guest on the history and inventor of Pullman Bonds where it all began

October 22, 2021 - Billboard Bulletin Big Money's Pouring Into Music - David Pullman Where Do We Go From Here?

September 16, 2021 - Music Business World - DAVID BOWIE’S ENTIRE CATALOG IS COMING TO WARNER MUSIC "he teamed with David Pullman to create ‘Bowie Bonds’ – the complexity/genius of which we’ll leave for another day..."

April 1, 2021 - Live For MusicDavid Bowie, Elon Musk, and David Pullman

March 30, 2021 - ReutersEd Sheeran must face plagiarism claim - Let's Get It On

October 9, 2020 - Bloomberg Law - Pullman vs. Sheeran Song-Theft Case Could Let Jury Hear for Itself, at Last 

March 18, 2020 - YourStory Riteband, the world’s first marketplace for music, inspired by Pullman Bonds.

January 15, 2020 - The Hollywood Reporter - Pullman Gets Ed Sheeran Ordered to Disclose Concert Income for Copyright Lawsuit

January 15, 2020 - "There is no 'right' to infringe." Federal Judge in Let's Get It On rules Pullman right to compel Ed Sheeran tour revenue. Read U.S. District Court Judge Louis Stanton's opinion HERE

November 1, 2019 - BBC - Pullman featured on finale episode of hit BBC show Get Rich Or Try Dying Music’s Mega Legacies 

October 17, 2019 - - David Pullman noted for creating 'celebrity bond' - first to secure IP as loan collateral.

September 18, 2019 - Skidmore v. Led Zeppelin - View PDF Files: Motion & Reply Brief

September 18, 2019 - Bloomberg - The Music Business Wants to Blow Up Copyright - "Pullman, who's best known for turning David Bowie's music royalty flows into 'Bowie bonds' in 1997, takes a long and gimlet-eyed view of the business. 'The publishing and record companies would love to be able to have stars infringe, because they can make more money this way,' he says." 

August 16, 2019 - The Hollywood ReporterThe Trump Administration Picks a Side in Led Zeppelin's 'Stairway to Heaven' Copyright Fight

August 16, 2019 - The Pullman Group, LLC weighs in and files amicus brief in Led Zeppelin case on deposit copy issue at 9th Circuit Court Of Appeals to protect all songwriters and creators: See Documents Filed

July 4, 2019 - Bloomberg - Famed music investor David Pullman discusses case: $100 Million  ‘Let's Get It On’ Copyright Cases Halted for Zeppelin Appeal

July 3, 2019 - Law 360Ed Sheeran Trial On Hold For 9th Circ. Led Zeppelin Ruling

January 4, 2019 - Vanity FairA Jury Will Decide if Ed Sheeran Copied Marvin Gaye’s “Let’s Get It On”

January 4, 2019 - People - Ed Sheeran Headed to Trial Over Claim That 'Thinking Out Loud' Copies Marvin Gaye Classic

January 4, 2019 - CNBC - Ed Sheeran set to face jury trial over allegation he copied Marvin Gaye

January 4, 2019 - NBC News - Ed Sheeran to face trial over Marvin Gaye plagiarism lawsuit

January 4, 2019 - CBS News - Ed Sheeran ordered to face lawsuit accusing him of plagiarizing "Let's Get It On" by Marvin Gaye

January 4, 2019 - Le Dauphiné - Ed Sheeran poursuivi pour avoir plagié Marvin Gaye ?

January 3, 2019 - U.S. News & World Report - Pullman Victory: U.S. Judge Orders Ed Sheeran to Face Marvin Gaye JPlagiarism Lawsuit

January 3, 2019 - Vulture - Judge to Ed Sheeran: Let’s Get It (This Plagiarism Trial) On

January 3, 2019 - Reuters - David Pullman U.S. judge orders Ed Sheeran to face Marvin Gaye plagiarism lawsuit

January 3, 2019 - Stereogum - Ed Sheeran Must Face Marvin Gaye Plagiarism Lawsuit

January 3, 2019 - Billboard - David Pullman Always Thinking Out Loud - Ed Sheeran Ordered to Face Marvin Gaye 'Let's Get It On' Plagiarism Lawsuit

January 3, 2019 - Consequence of Sound - UK singer is accused of lifting parts of Gaye’s "Let's Get It On" for his own song "Thinking Out Loud"

January 3, 2019 - Hollywood Reporter - Ed Sheeran Headed to Trial Over Claim He Copied "Let's Get It On"

January 3, 2019 - BBC - US jury to decide if Ed Sheeran copied Marvin Gaye's Let's Get It On

January 3, 2019 - SPIN - Judge Rules Ed Sheeran Maybe Plagiarized Marvin Gaye’s “Let’s Get It On”

January 3, 2019 - Evening Standard - Jury to decide if Ed Sheeran copied Marvin Gaye's Let's Get It On

January 3, 2019 - The Daily News - David Pullman - Let's Get It On: Ed Sheeran ordered to face plagiarism lawsuit

January 3, 2019 - Perth Now - Sheeran ordered to face plagiarism lawsuit over 2014 track Thinking Out Loud

January 3, 2019 - The Guardian - Let's get it (this lawsuit) on: jury to rule on whether Ed Sheeran copied Marvin Gaye

January 3, 2019 - El Financiero - Obligan a Ed Sheeran a enfrentar demanda por plagio a Marvin Gaye

January 3, 2019 - One America News Network - U.S. Judge Orders Ed Sheeran To Face Marvin Gaye Plagiarism Lawsuit

July 26, 2018 - La Nación - El día en que David Bowie apostó al mercado y Wall Street le pagó US$55 millones por su música

July 3, 2018 - BusinessWorld ‘Bowie Bonds’ creator, David Pullman, sues singer Ed Sheeran for copying Marvin Gaye hit

June 29, 2018 - CBS News - Ed Sheeran sued again for allegedly ripping off Marvin Gaye's "Let's Get It On"

June 29, 2018 - NY Post - Ed Sheeran slapped with $100M lawsuit over ‘Thinking Out Loud’

June 29, 2018 - Telegraph UK - Who is David Pullman, the 'Bowie Bonds' banker suing Ed Sheeran for $100m?

June 28, 2018 - Reuters'Bowie Bonds' creator sues Ed Sheeran for copying Marvin Gaye hit

June 28, 2018 - NewsdayEd Sheeran sued again over similarities to Marvin Gaye classic in 'Thinking Out Loud'

March 16, 2018 - CNBC American Greed - David Pullman Interviewed: Hitching your wagon to a star? Beware of investing in showbiz

March 8, 2018 - Market WatchPeople are paying $2,500 to go to a new exhibition about David Bowie

September 28, 2017 - Ultimate Classic Rock - 20 Years Ago: David Pullman Turns Bowie Turns ‘Bowie Bonds’ Into $55 Million Payday

October 7, 2017 - The Irish TimesDavid Bowie: A Life “All the people he chose to work with were very bright.” 
October 24, 2016 - The Guardian - Gett off! Why Prince's archive is an act of defiance against pop industry capitalism interview with David Pullman 

June 10, 2016 - MPR - Pullman Talks to MPR About Bowie Bonds/Prince

May 2, 2016 - MPR - Pullman Discusses the Prince Estate

February 18, 2016 - The Daily Beast - David Pullman: How to Bail Out Kanye West

February 1, 2016 - Music Business Journal - Bowie’s Bonds: An Appreciation

January 30, 2016 - Hollywood Take - David Bowie's $100 Million Estate

January 28, 2016 - CFA Institute: Pullman Enterprising Investor - Essential Listening: Bowie Bonds

January 19, 2016 - BloombergOdd Lots: Meet the Man Who Turned David Bowie Into a Financial Product

January 18, 2016 - Business World - The Business of Being Bowie

January 16, 2016 - The Malaysian InsiderBowie’s banker offers marketplace oddity in one-hit-wonder bonds

January 15, 2016 - BloombergBowie's Banker Offers Marketplace Oddity: One-Hit-Wonder Bonds

January 15, 2016 - BillboardDavid Bowie, Businessman: A Deep Dive Into The Musician's Visionary Dealmaking

January 14, 2016 - Forbes - A Peek Into The David Bowie Estate: His Legacy Extends Beyond Music

January 14, 2016 - Rapid City Journal - 'Bowie Bond' was a unique financial instrument 

January 13, 2016 - BillboardThe Whole Story Behind David Bowie's $55 Million Wall Street Trailblaze

January 13, 2016 - NPRDavid Bowie Also Left His Mark On Wall Street

January 13, 2016 - International Business Times UK Singer's 'Bowie Bonds' help family inherit £135m

January 13, 2016 - The Hamilton SpectatorDavid Bowie was 'financially astute'

January 12, 2016 - Financial TimesBowie and the bond markets

January 12, 2016 - Daily Mail UK - Singer's smart deal means £135million legacy goes to wife and children

January 12, 2016 - Publishing PerspectiveWhat Publishers Can Learn from David Bowie’s Legacy

January 12, 2016 - - David Bowie, A Self-reinventor in finance and business

January 12, 2016 - The Dallas Morning News - Bowie Bonds

January 12, 2016 - - 'Bowie Bonds' David Bowie was a financial revolutionary

January 11, 2016 - Financial Times - David Bowie and Finance 

January 11, 2016 - Wall Street JournalDavid Bowie: The Man Who Sold the World

January 11, 2016 - LA Times  - David Bowie Bonds were a 'revolutionary businesss move' 

January 11, 2016 - CNBC -'Bowie Bonds' blazed a trail through capital markets

January 11, 2016 - SlateDavid Bowie, the Man Who Sold the World Securitized Rights to His Back Catalog

January 11, 2016 - BloombergBowie: The Man Who Sold Royalties and Brought Music to Bonds

January 11, 2016 - Fortune - Wall Street's Green Genie - Idiosyncratic Banker David Pullman

January 11, 2016 - World Market David Bowie’s bond legacy

January 11, 2016 - Sud OestDavid Bowie: 10 choses que vous ne savez (peut-être) pas sur "l'homme cent visages"

January 11, 2016 - Le Figaro: EconomieDavid Bowie, le rocker qui a innové dans le monde de la finance

January 11, 2016 - Oregon LiveThe business of being Bowie: Bloomberg View

November 27, 2011 Forbes David Bowie: The Musical Pullman Featured

November 11, 2011 - Master shape-shifter. David Pullman Featured.

May 12, 2011 - The CEO Perception of a New Era of Wealth - David Pullman and Pullman Bonds Featured.

April 26, 2011 - Pullman Bonds and IP Securitzation.

May 16, 2010 - Pullman Bond Definition. Pullman Featured

April 24, 2010 - David Bowie biography by Marc Spitz: Review David Pullman Featured.

Sep 30, 2009 - David Bowie's Role in the Credit Crisis? Pullman featured.

July 31, 2009 - A Starring Role For IP? Pullman Bonds featured.

January 14, 2009 - Pullman Bonds. Pullman Featured.

January 13, 2009 - Is the recession David Pullman's fault? Pullman Featured.

August 2008 - Portfolio feature on David Pullman

May 2008 - LA Times featuring Pullman Bonds

May 2008 - Blender Magazine article 'Secret Millionaires' David Pullman Featured

April 2008 - BusinessWeek article features Pullman Bonds

April 15, 2008 - Detroit News - Motown feature Pullman Bonds

April 1, 2008 -GQ Article on James Brown, David Pullman Featured

Feb 27, 2008 -Black Enterprise Magazine Article featuring David Pullman

Feb 8, 2008 - New York Times Cover Story-  Pullman Bonds Featured

April 20, 2007 - Customers and Capital - Feature on Pullman Bonds

May 2006 - Page Six New York Post - Pullman Featured

May 2006 - New York Times Business Week in Review - Pullman Featured

August 23, 2005 -  Wall Street Journal - Bankers Hope For a Reprise Of 'Pullman Bonds'

Mar 11, 2005 - - Pullman Group featured, Soft assets and hard cash
Feb 22, 2005 - Asset Securitization Report -David Pullman featured, Asset-based lenders on IP loans
February 14, 2005 - Bank Loan Report -Cover story David Pullman on IP Loans

February 11, 2005 - People Magazine Grammy Issue - Pullman Bonds and Ray Charles
January 29, 2005 - Financial Times -Pullman Bonds featured: Rock n' roll returns are here to stay
January 27, 2005 -  Rolling Stone -David Pullman on Bob Marley Catalog. Marley Turns 60

February 14, 2003 - Pullman Victorious in Pullman v. Prudential et al. New York State Court of Appeals Decision.

July 1, 2002 - Billboard's "Backbeat" - David Pullman featured

June 21, 2002 - The Pullman Group,® LLC patents the Pullman Bonds™ Process. 

March 18, 2002 - The Pullman Group,® LLC victorious over Prudential Financial, Inc. and wins on 31 of 33 counts for trial.

March 01, 2002 - Buyside Magazine - David Pullman featured

Jan. 29, 2002 - A Salute to Pullman Bond™ Legendary Songwriters to be featured on United Airlines' Center Stage in February

Sept. 2001 - Southwest Spirit Magazine - "The Man Who Sells Stars", David Pullman featured

James Brown and David Pullman
Discuss Pullman Bonds
David Pullman news article
Investors Trading Academy: 
All About the Bowie Bonds
David Pullman Wall Street Journal
David Pullman Bowie Bonds
Pullman Bonds
David Pullman music royalty bonds

David Pullman is the Founder, Chairman & CEO of The Pullman Group,® LLC in Los Angeles, CA, where he heads all debt, structured finance and asset backed securitization arenas for the firm as the head of The Pullman Group® LLC.  David has decades of experience on Wall Street, starting as a mortgaged-backed securities trader and working at primary dealers. David has traded, securitized and executed asset sales with an aggregate value in the billions of dollars.   Following his undergraduate work at the University of Pennsylvania, David went on to the Wharton Graduate School of Finance. 



The Pullman

Group, LLC



Los Angeles                      New York     
Tel:  (310) 288-0558                Tel: (212) 750-0210          

Fax: (310) 288-0908                Fax: (212) 750-0464       


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