Quick Spin Into The Music Scene #3
TikTok is worth as much as a country’s GDP. Get ready to take an advance payment for your future streams, while listening to some cool alt R&B from UK’s underground
Please welcome the Quick Spin series, for music professionals who like to keep themselves up to date with what’s trending on the music scene: news, reviews, breakthrough artists, new features from old services, amazing campaigns that could serve as inspiration and many more. Be sure you subscribe to our newsletter to keep yourself in perfect shape!
A bidding war around TikTok that allegedly led to a 25 Billion USD offer (!!!)
Now that TikTok is in a not so confortable position in the US (Apple and Google have removed the app from their digital stores, although active users can still access TikTok), Mr. Trump challenged tech companies and investors to find a solution so the Chinese app would have a US backed majority as shareholders. Microsoft was thrown into the discussion by the President, while Youtube superstar Mr. Beast tries to join forces with other millionaires around the world. The bid has now reached over 20 billion USD, yet ByteDance, the company behind TikTok, has yet to answer anything. God knows how this will end, we just need to wait another 2 months, until the 75 day ban pause would reach to an end.
In the meantime, maybe it’s wise to move part of your TikTok community to a more safe space, like Randi Zimmerman from Symphonic suggests here
Cool Resources: Have you heard of stream loans (Advance Payments)?
Are you able to predict your stream numbers for the next months and years? You can now get an advance on future royalties for a fee. By all means, artists keep 100% of their music ownership. So, whenever you feel like you need some new music gear in your studio, check out these options for a stream loan:
BeatBread - offering up to 20 years worth streams in advance payments, this sounds pretty amazing, considering that the artists still retain 100% ownership on their music. Oh, and these guys offer label funding also
RoyFi - they call it Royalty Fast Forward, we call it advance payments. You set a timeframe, you even agree on a percentage of your normal royalty cash flow. RoyFi will take care of the rest, as long you keep the streams running
Soundroyalties - is your streams income at a minimum 5000 euros / year? Then you should check Soundroyalties: fill up a form, give them access to your royalties reports and they will come with a personalized offer. That simple!
Now Back To Music: ELIZA - A Sky Without Stars
In a time when releasing an album is a rare thing, when tracks are built around a hook and are getting shorter and shorter, this album is like a thing coming from the past! A Sky WIthout Stars has everything you’re expecting from an LP: a story from beginning till the end, built upon long 5 to 6 minutes tracks, an amazing instrumental side that shares the same vibe across the whole album, yet is so distinct when you’ll take it track by track. And there’s the main thing about this record: ELIZA’s voice, redefining UK’s alt-R&B while matching the violins, pianos just perfect. And yes, on top of all these there’s an incredible baseline througout the whole album.
Give it a play here