LANDR has integrated beatBread into its distribution service, giving eligible independent artists a way to seek advances against future streaming royalties. Royalties from an artist’s catalog repay the funding over time.
Eligible LANDR Distribution artists will see an indicative advance range in their LANDR account. The range is based on historical music performance and projected streaming revenue. Artists who proceed apply through beatBread, which evaluates applications, confirms funding terms and contracts directly with them.
LANDR says the option is available to its roster of independent artists, which it puts at 8 million, without requiring a traditional label deal.