YOU CAN MAKE MONEY INVESTING IN SONGS BY TAYLOR & BEYONCE
Matt Case - March 7th, 2024 - 6:09am PST
A new Wall Street startup, Jukebox, is allowing music enthusiasts to invest in their favorite songs by offering securities backed by royalty revenue from streams of popular artists like Taylor Swift, Beyonce, and Adele. These securities function similarly to bonds, with returns dependent on the frequency of song plays. This concept echoes the 'David Bowie Bonds' from the 1990s.
TIME FOR A THREAD 🧵THE NEWEST ASSET CLASS: Music 🎵 Royalties @We_Are_JKBX "JukeBox" is a platform that aims to revolutionize the way music royalties are bought and sold by opening up this asset class to retail investors. The company's plan involves selling shares in music…
— Matt Case (@MatthewRyanCase) February 2, 2024
LOS ANGELES, CA - FEBRUARY 15: Singers Taylor Swift (L) and Beyonce attend The 58th GRAMMY Awards at Staples Center on February 15, 2016 in Los Angeles, California. (Photo by Michael Kovac/WireImage)