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How Fans Can Invest in Songs and Get a Return

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The New Music Business Podcast episode - How Fans Can Invest in Songs and Get a Return

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Ari Herstand
Ari Herstand is a Los Angeles based musician, the founder and CEO of Ari’s Take and the author of How to Make It in the New Music Business.
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How Fans Can Invest in Songs and Get a Return

Listen on your favorite podcast platform: Spotify | Apple Podcasts | Stitcher | Acast

Joining us this week is Mark Miller who is the CEO and Co-Founder of the Web3 company, Labelcoin, also known as “The Robinhood of music.” With the mission to eliminate artistic poverty, Mark breaks down how music fans will become investors and the benefits the app will have on artists’ careers.

03:04 From running a booking agency to founding a startup
16:17 Treating artists as a company
19:54 Making songs investable with Labelcoin
30:55 What the future Labelcoin app will look like
32:03 Integrating with distribution services and running transaction fees
34:34 Operating within the cryptosphere
39:06 Music fans becoming investors
46:14 What blockchain is Labelcoin built on?
49:02 What artists and fans can look forward to when Labelcoin launches
50:45 Breaking down the Curated Collections
56:46 Integrating with third party companies and housing your NFTs
1:03:53 Final question

Edited and mixed by Maxton Hunter
Music by Brassroots District
Produced by the team at Ari’s Take

About The Author

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Ari Herstand
Ari Herstand is a Los Angeles based musician, the founder and CEO of Ari’s Take and the author of How to Make It in the New Music Business.

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