In the past, artists needed to sign with record labels who would take out bank loans in order to provide financing. Now thanks to companies like Sound Royalties, artists can receive financing via advances without giving up any ownership. Possible income generating streams for artists have also grown from few to many, transforming music into a viable asset class. In this episode, Alex Heiche discusses how this evolution occurred, the importance of educating artists on where their income is coming from, and more on Sound Royalties – including where & how they operate and the solutions they provide.
The Future of What