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Startup beatBread has made its name with technology to automate artist advances, with a number of distributors among its clients.

However, the company has been exploring other ways to help musicians raise capital: for example its launch last October of a network of companies, executives and high net worth individuals interested in investing in artists.

Now the company is taking another step with the launch of a spin-off platform called sliceNote. It’s aimed at a similar class of “qualified investors” who want to get involved in fractional investments in artists and independent labels.

That means investing as little as $1k or as much as $1m in ‘deals’, taking a slice (hence the name) as low as 1% as part of wider consortiums. beatBread’s pitch is that this is a way to invest in emerging artists as an alternative to established catalogues.

“We designed a platform based on substance, not sizzle. sliceNote is not fan funding or crypto hype machine,” promised general manager Izaic Blazzard. “It is designed for serious, rigorous investors.”

Music Ally’s next Learn Live webinar will help you build the strategies for artists to thrive in new international markets!

Music Ally's Head of Insight

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