Making a living as an artist in 2016 is harder than ever. For the vast majority, streaming royalties are almost non existent and and downloads/physical sales are quickly becoming a thing of the past.
Artists need a new revenue stream. The answer is going direct to fan.
Tradiio is a music app which enables fans to discover and subscribe directly to their favourite artists with small monthly payments.
In exchange, artists provide exclusive releases, behind the scenes content and experiences to bring their fans inside their creative process and journey as an artist.
Whilst boasting all the features of a conventional streaming service (playlisting, curation etc), the platform looks to provide all the tools needed to maximise artist revenues. These include “subscriber only” options for track streaming, and locked content sharing, as well as each artist being assigned a personal manager to educate them on current best practices.
Álvaro Gomez, CEO says,
“Tradiio started with a clear goal to enable artists to extract value from their music. Now, just after a few days with this feature, we’re already seeing artists earning in excess of $500 per month.”
Particular artists of note include Portugal-based singer/songwriter Surma, who is earning $500 per month, offering backstage festival tickets and exclusive “subscriber only” tracks, and LA-based electronic producer Ark Patrol, who is generating $200 per month in exchange for custom ringtones, Skype calls, and production tutorials.