Featured Artists Coalition (FAC) and beatBread partner to shape future of artist ownership

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Featured Artists Coalition

Today, the Featured Artists Coalition (FAC) is delighted to welcome beatBread as its latest partner, introducing the funding platform to the UK’s artist community. The partnership represents a natural move given both organisation’s shared goal to provide artists with greater choice and ownership within the music industry.

beatBread is a music funding platform that empowers artists to take control of their careers without giving away ownership of their music or their decision-making power. Founded in 2020, beatBread’s team of music, finance and machine learning experts have made over 300 artist advances, in increments of $1,000 to $2M, all with the purpose of enabling more choice, control and opportunities for artists and their teams. beatBread customisable advances are repaid through a limited share of revenues from streaming and airplay, over a period of the artist’s choosing.

Through a series of workshops, roundtables and in person events, artists will be able to learn more about access to funding and the benefits of retaining control of their businesses. Artists who would like to join one of the upcoming, private roundtables can contact info@thefac.org for more information.

David Martin, CEO, FAC said: “Providing artists with the knowledge, advice and tools to develop their careers is a fundamental tenet for the FAC. beatBread’s platform empowers artists by providing funding, allowing greater freedom in decision-making. The service is a game changer for artists, providing the capability to retain full ownership of music rights whilst providing the capital to fund future projects and progress within the industry.”

Peter Sinclair, CEO, beatBread said: “Our mission is to give more artists more choice, more control and more power in the new music industry, The FAC has been a tireless advocate for the rights and interests of the global artist community, and we are very honoured to support the FAC’s mission.

March 31, 2022 1:00am ET by Pressparty  

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