The beats marketplaces space is getting crowded, thanks to new entrants. We reported yesterday on the launch of subscription-based service Beatopia, but now distributor UnitedMasters wants in on the beat-selling action. It has launched Beat Exchange, a marketplace for buying and selling beats that taps an array of emerging and established producers.
One twist is that only artists with a UnitedMasters account will be able to buy beats from the site, via the company’s mobile app. The marketplace uses an a la carte model with producers setting their own prices “anywhere from a few dollars to several hundred dollars or more” – although they will also be able to offer beats for free with an audio watermark.
Producers must also be signed up to UnitedMasters to sell on Beat Exchange, with the distributor taking a 10% cut of sales as standard, but no cut at all for producers paying for its monthly ‘Select’ subscription.