The recorded music industry is growing. Streaming, which has grown 28x (yeah, 28x!!) in the past 10 years, now makes up 80% of all recorded music revenue globally. That growth will continue. Goldman Sachs forecasts global recorded music revenues to nearly quadruple to $80B by 2030. This overlooked asset class is also uncorrelated with the broader stock market.
Music investing with beatBread might not be what you imagine. It isn’t based on a gut feel guess made in a dark and smokey nightclub, it’s a highly data driven activity. beatBread’s data science team has has hundreds, sometimes tens of thousands of data points on every artist we fund. More powerfully, every single artist is compared to a model that includes billions and billions more data points on hundreds of thousands of other artists.
Finally, our investments in music are secured directly with cash flows from the digital distributors. We invest in the core of a musician’s recorded career, and income streams that are simple to collect and distribute.
In the future, beatBread will make it possible for you to invest in individual artists. Right now, we give investors an opportunity to invest in groups of artists, guided by our data science team. Not everyone can invest, but if you give us your information and answer a few key questions, we’ll send you more information so you can decide if investing in beatBread is right for you. If you are approved as a beatBread investor, you’ll get the first opportunity to invest in individual artists when we make that option available.
Contact us and shoot us an email with the ‘I want to invest’ in the subject line. We’ll get back to you in a few business days.