MMF announce beatBread as New Associate: Welcome and Virtual Manager Meetup
beatBread offers a new way for independent/unsigned artists to fund their career development, while retaining ownership of their masters. They provide advances on streaming income for both catalog and unreleased music and give artists complete choice of their distribution, marketing and promotion partners.
beatBread is not a label, distributor or artist services company. We are thrilled to welcome them as an MMF Associate and announce a Virtual Manager Meetup!
If approved, the artist gets:
- Advances of up to 5x current annual revenues
- Artist royalties in the 50% to 90% range
- Complete choice of marketing partners
- Retention of masters during the term, and 100% of streaming income after the term
- The option to flow through some of their existing streaming income during the term
Recoupment comes ONLY from streaming income (not publishing, merch, touring, synch or even physical product).
beatBread will be hosting an event for MMF Members on the 22nd of July, so you can find out more.
Please RSVP for the event via your latest newsletter.