Online platforms like Indify, Sound Royalties, and beatBread are enabling individuals to invest in budding musicians.
Streaming revenue from label-less artists grew by 17% to $1.7 billion last year, allowing musicians to sustain themselves while working on major albums.
Indify, a venture that discovered artists like Billie Eilish, offers artists upfront investments and creative control in exchange for a share of streaming rights, with artists retaining at least 50% of post-investment revenue.
Awesome. Music industry has been a predatory model for quite some time.m and it’s ripe for change. The more people can own their masters and be in charge of their creative vision, the better off creators everywhere will be.
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Awesome. Music industry has been a predatory model for quite some time.m and it’s ripe for change. The more people can own their masters and be in charge of their creative vision, the better off creators everywhere will be.