Is a social music platform for independent artists and independent music fans. It provides a music store for independent artists and labels to sell their music directly to their fans. It also includes an attractive feature that allows you to discover new independent music as well (Discover Wall). Its fast paced user interface allows artists and fans to interact directly with each other and is a place where where ideas, activities, events and personal posts can be shared.
<strong>Business Model</strong> The Hoobz business model contributes on exposing and providing a new revenue stream for independent musicians. Selling your music on Hoobz is easy, straightforward and free. That raises the question: How can this platform exist? It’s simple. The artist sets the retail price of his or her music between €0.20 and €0.80 per album song and singles are fixed at €0.90. The payout for the artist is 60% of every purchased single. For album songs, Hoobz collects €0.20 per song download to cover data costs –and keep the platform ad-free. The rest is profit for the artist. This can be up to 75% and in the future it is our aim to increase this to a maximum of 85%. There are no hidden fees.
We are very pleased to announce our first milestone achievement: The Alpha version of Hoobz is nearly ready to enter the test phase. To celebrate this occasion we thought it would be nice to have a reception party and guess what? You’re invited! So come join us for some drinks and snacks.
For more info check <a href="http://hoobz.com" target="blank">www.hoobz.com</a>
Philips, Klokgebouw 181, 5617 Eindhoven, Nederland
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