My Online Music Label is a complete revolution in the music industry music that is funded by fans.
The concept behind MOMLabel is simple: if fans like a band, they can become investors by investing anywhere from $10 to $1,000 in the artist or band’s next project. This money is aggregated to levels that allow the band to benefit from career changing projects such as professional engineered mixing; video production; and promotion.
My Online Music Label is also a platform that allows artists, investors, and music professionals to freely connect to each other without constraint. This connection will enable the participants to team up with other professionals to allow projects to expand and get the exposure deserved.
Music is about talent and entertainment not about who you are, how old you are, how good you look, how connected you are or what style of music you play.
How do we do it?
You add the fans and investors to help determine which projects are commercially viable as measured by the level of investment and web traffic.
At the label, our team of music industry professionals knows what tools can help talented bands succeed and we’ll help you organize your space to look as polished as possible. After all, it’s the artist’s work that everybody is interested in, not the record label they are signed to!
What do we provide?
What's in it for the artists?
By giving back control of the industry to the Musicians MOMLabel provides an alternative to the traditional record label. It is a platform that empowers artists to record their next album funded by their fans. The fundamental difference is that instead of the label limiting which artists get funded and limiting the flow to others, it is the artists who can generate the buzz and reap the reward through fan support. This will give the artist maximum flexibility and control over their music projects with guidance of the music professionals who work for MOMLabel.
How does it work?
Artists upload their music and profile to the MOML website. Music lovers find artists they like and believe in. For a $10 to $1,000 contribution the fans get a vested interest in the artist as an investor. When the artist’s reach $100,000 in investor funding, the artist now has the means to record an album in a professional studio, produce a video and MOMLabel starts the promotion with a core of producers, video editors, and IT department. Fans will get exclusive products sent to their home.
Artists make their dream come true. From now on bands and investors are in it together.
What's in it for the investors?
The purpose of MOMLabel is to create a way for artist to raise a threshold amount of money to fund a future music project.
Funds will be used for:
A: Music Recording / Creation of a promotional video
B: Promotion Marketing / Publicity
C: Live Concerts / Touring / Festivals
MOMLabel acts as the facilitator between artists and their investors and as an administrator of the invested funds. As soon as the Goal of fund raising has been reached, MOMLabel will transfer the funds from the escrow to be used for developing the artist’s project. Fully 80% will go directly to project costs and marketing, and 20% will be used for administering the project and funding the artist’s promotion. MOMLabel will not transfer any money of the goal to the artist directly, but will pay via approved invoices in order to complete the project.
As an investor you will have
(1) access to the investor Dashboard (personal page on MOMLabel) and a profile page on the website and all the contents of the website in compliance of the terms and conditions of use. An overview of all the revenues of your project will be available on the investor Dashboard page.
(2) be provided with a username and password for your exclusive access.
(3) distribution of income for the lifetime of the project up to three years credited to you every three months.
(4) Ability to terminate your agreement at any time with an 80% (20% management fees) repayment of investment before the artist has reached the goal.
Why Use MOMLabel MOMTools?
You have the power to pursue a life in music. The power is within you, and now there are a lot of great tools and technologies available to help you market yourself and run your business. MOMLabel iTools is your perfect tool to develop a relationship with fans to become a real tribe. Your Music, Your Money, Your Rights.
Please review our MOMTools list!