There have been a lot of great things happening in the music industry this week.
This Week’s Highlights
The creator of Digster and Spinnup launched a new platform for fans to invest in an artist rather than them signing to a label.
TikTok adds a way to buy things in the app through a Hashtag Challenge.
Will merch save the music industry?
Startup Spotlight: pretzel.rocks
Startup spotlight this week is on a music player for livestreams called, pretzel.rocks
. The player allows the livestreamer to use license free music to incorporate into their videos. The company is taking submissions from artists to include their music in the library. The livestreamer pays a subscription fee per month to use the music library. Interesting concept and obviously solving a need for this market.
Hope you all have a great weekend!