Through Starbacker…
· musicians and artists (songwriters, lyricists, performers, bands…) can raise funds to promote their talent, funding projects like album production, delivering live performances, generating revenue from merchandise, while still retaining their own intellectual property.
· specialist service providers (producers, studios, marketeers, distribution agents, publishers…) can promote their services to a steady stream of funded artists.
· sophisticated investors and music fans alike can safely invest in artists they believe will be successful…and trade their investments in a regulated music industry market, maximising return.
How does Starbacker work? Starbacker will have both an online and offline plan. Online, the Exchange will match investors to artists, songwriters to lyricists to performers, and performers to industry service providers. It will attract participants through free registration, incentivised with free investments, downloads or gig tickets, linked to the level of their participation. Early users will earn shares in Starbacker itself, linked to their level of participation.
Starbacker will be a “Music Industry Exchange” in all aspects of the phrase. It is, as far as we are aware, the only one that will offer an exchange hub for the whole music industry. As Starbacker intends to be the first FSA Regulated Investment Exchange of its type, it will give “serious investors” the opportunity to trade in music…a £multi-billion global market.