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.
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