Banks remain bullish on the future of the music business

07/12/2010 | American City Business Journals

SunTrust Bank, Fifth Third Bank and other lenders are still bullish on the outlook for the music industry as well as the role Nashville plays. Cincinnati-based Fifth Third recently launched a music division, a move that was welcomed even by its competitors. "It's a great thing in any industry to see that," said Andrew Kintz, managing director of the sports and entertainment specialty group at SunTrust Bank. "That says someone believes there's money to be made in the music industry."

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