Mar 16, 2012

Frekul Raises Seed Money Aiming To Become Platform For Artists Around The World / Venture Now

Frekul operator, Worldscape raises 4.5 million yen of seed money from Samurai Incubate.

Worldscape was founded on February 3rd, 2011 by three members of Meridianrogue, a music band to set a goal of figuring out how to make artists survive. Frekul aims to outgrow a traditional way of making revenue by selling music source. By distributing free music source to make viral appeal, the service allows artists to make profit with sales of live tickets and related goods. ...

Venture Now 3/15/2012 [jp]

  • Members who register to a artist get free music of the artist by email regularly. The artist can not only send music files, but also operate fan club system with the platform to sell tickets of lives or goods to members. Frekul gets commission from artists for billing, member management, and posting of tickets or goods.
  • It looks not easy to make big money at once with the platform, but for the long term, the system would be one of few monetization models for artists in the situation as music sales including CD and online has been decreasing. Using email, a quite matured technology, is also interesting point of the service. 

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