Today my guest is John Funge. He's the CEO and co-founder of The Music Fund, a startup company that issues advances to artists for their streaming revenue. They're not a record label even though labels are typically the ones offering advances to artists. They are innovating and disrupting in the music industry, and John goes over their business model.
As I dug deeper and interviewed artists who're using them, it seemed like a very cool company. Now they're partnered with Ari's Take.
Quick links:
3:25 - About The Music Fund and what they do
10:00 - Does The Music Fund's business model work?
20:00 - How the algorithms account for massive playlist adds and spikes/drops in royalty revenue
23:17 - Success stories from artists who've used The Music Fund
25:20 - Should I apply for The Music Fund? What data should you be looking at before you apply?
31:10 - How investors are involved
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Connect with Ari’s Take:
Website: http://aristake.com
Academy: http://aristakeacademy.com
Instagram: https://www.instagram.com/aristake_/
Twitter: https://twitter.com/ArisTake
YouTube: https://www.youtube.com/user/aristake1
Facebook: https://www.facebook.com/aristake/
Connect with Ari Herstand:
Website: http://ariherstand.com
Instagram: http://instagram.com/ariherstand
Twitter: http://twitter.com/ariherstand
YouTube: http://youtube.com/ariherstand
Facebook: http://facebook.com/ariherstand
Connect with The Music Fund:
Website: https://themusic.fund/
Twitter: https://twitter.com/themusicfund/
LinkedIn: https://www.linkedin.com/company/themusicfund/
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