StarCrowd is a new online music/investment platform co-founded by superstar songwriter Jason “Poo Bear” Boyd, a 5-time Grammy Award winning songwriter/producer for superstars like Justin Bieber, Usher, Rihanna, Skrillex, Sam Smith, and mega #1 hits like “Despacito” and many others. The StarCrowd platform is integrated with an “American Idol” style online TV show where fans can make micro equity investments (i.e., buy ownership) in promising contestants — rather than just vote.
For the first time ever, StarCrowd allows regular everyday fans to invest in indie artists — and become the controlling power base in the music industry rather than just a few record companies as it’s been throughout history. This, in turn, enables fans to earn profit from the music and artists they love, while also opening the floodgates allowing more striving, talented artists to share their gifts with the world.
The website which recently launched in beta mode, solves a major problem in the music industry: The fact that more than 97% of the estimated 20 million+ independent, non-signed artists around the world never get a fair chance at stardom, or even a record deal that would enable them to earn a decent living doing what they love.
Digital Music News/Next Big Thing reports that over 91% of these artists are undiscovered and unsigned. The remaining 9% or so, which are signed to major or independent record labels, represent about 97% of all music sales and music-related social media traffic. In fact, Financial Times reported that the top 1% of artists typically account for 77% of all recorded music sales.
This shows that millions of unsigned music artists around the world are in a “no win” situation, as unsigned indie artists have neither the funds nor the marketing know-how to gain enough traction to get on the radar of an indie or major label, much less become stars on their own.
StarCrowd forms corporations for artists and initiates equity crowdfunding campaigns under the JOBS ACT, enabling passionate fans to collectively invest up to $1 million in these artists. The funds raised are then used for what StarCrowd’s founders call “360 artist support,” i.e., administration, studio time, branding, promotions, music videos, distribution, sales, national tours and all other services necessary for success.
The Integrated online StarCrowd TV Show allows fans to make micro-investments and buy ownership shares in promising contestants — rather than just vote. The StarCrowd platform then allows fans to track the artist’s progress and share in the artist’s profits as they grow.
For the next 30 days, StarCrowd’s co-founder, Poo Bear, along with music superstars and executives will personally review artist profiles, music, and videos on the StarCrowd.com site, and choose the best of the bunch to appear on the first season of the StarCrowd TV show. To have a chance at being “selected “, artists must simply create a profile on the StarCrowd platform and upload their best music, videos, and photos.
How it works:
JOIN STARCROWD
Independent/unsigned artists simply sign up at: https://www.starcrowd.comand upload their best, music, videos, and photos.
SHOWCASE YOUR MUSIC
Music superstar partners, like Poo Bear, will select the best artist, or they will be chosen by fan vote, for a chance to appear on the StarCrowd TV show, receive funding, and StarCrowd’s complete major promotions support.
SUPERSTARS AND FANS INVEST
StarCrowd prepares selected artists for funding by forming their corporations, etc, at no cost. Fans, alongside music superstars and experienced investors, then invest (as little as $50) in these artists via the StarCrowd online platform, or the StarCrowd Online TV Show, which will showcase the website’s top 10 artists each week.
A STAR IS BORN
After funding, artists receive complete support through StarCrowd and its major promotions partners. This includes videos, promotions, and global distribution. As Investor Fans track their star artist’s rise on the charts, they can track and count their profits on the StarCrowd platform.