Songbits - Selling rights to songs

[Martynt74]

Anyone heard of this before?

There's a duet i've seen a few times who generally play covers but are in the process of trying to tour and release more of their own music. They're selling rights to one of their new releases and it seems a pretty cool method to try and get cash early on to help with touring/recording.

Cheap Plug (nothing to do with me)

The Love I Know - Jack & Daisy on SongBits

A platform where you can buy shared ownership in songs directly from your favorite artists and earn royalties together with them for life.

jackanddaisy.songbits.com

 

[Scam]

Ah wow. Having seen a few bands like Biffy Clyro, Wolf Alice (amongst others) very early in their careers - and feeling like I knew they were going to be massive. I always thought it would be cool to be able to buy 'stock' in them somehow. This seems like a way to do it!