MUSICIANS FIND UNLIKELY SOURCE OF FUNDS

Festivals are the new frontier in music revenue. And unlikely backers are getting into the mix. Investors are looking for options to the traditional investment vehicles and are turning to the music industry to fund up and coming artists based on their future sales. For example, startup Sound Royalties gives musicians loans based on future earnings while letting the bands retain full ownership rights to their music.

Check out this article in the Wall Street Journal about more information.

LINK TO WSJ