A Music Startup Is Paying Artists For Their Future Royalties

In the music industry, big advance payments are old hat: A new artist lands a hit and a bunch of labels rush over waving multi-million-dollar checks for his or her next album. But the high bets are often risky, and the cash only goes to a handful of names every year. Amuse, a Swedish music startup that bills itself as a reimagined record label, is aiming to ease both problems with its new royalties payment system.

Called “Fast Forward,” the program, unveiled Tuesday, uses machine learning coupled with Amuse’s
See full article at Rolling Stone »

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