The founder/CEO of Sound Royalties shares why he built a company that gives artists crucial funding support and allows for creative independence.
Artist advances are no longer just for major label artists whose music charts even before it’s released.
In fact, it’s always been lower-earning artists who really need the power of an advance to create aspirational work, artists who don’t have access to easy borrowed capital from a gatekeeping third party. Now we can firmly say that financial assistance, in the form of “royalty financing,” is here.