How does Artistco’s Shared Business Model work?

To ensure a vibrant and sustainable platform, Artistco works with a fair and reasonable business model, and we believe we need to be as transparent with our community of users as possible. So how are the revenue and rewards shared?

Music Has Value at Artistco

Artistco Shared Revenue Business Model

1st Year of Member Subscription (from the date of the 1st payment)
Subscribers introduced by the artist through Artistco’s referral engine The artist will receive 100% of the subscription fee
Subscribers introduced through referral engine by other Artistco users The artist will receive 70% of the subscription fee

The introducing party (as reflected on Artistco’s referral engine) will receive 20% of the subscription fee as a credit.

Artistco will receive 10% of the subscription fee

Subscribers introduced through referral engine by Artistco The artist will receive 70% of the subscription fee

Artistco will receive 30% of the subscription fee

Renewed Subscriptions (a year from the date a member first joined an artist’s club)
All renewed subscriptions The artist will receive 90% of the subscription fee

Artistco will receive 10% of the subscription fee

Note: The artist will be responsible for charges incurred from all subscription payments, including but not limited to bank transfer charges and third party payment services. A typical subscription will include a charge of approximately 3% from credit card or other transaction methods, plus a $0.16 per payment fee from the global payment system that we use.

Do you have any questions, suggestions, or would you like assistance? Contact us!

Register on Artistco as fan or artist? Go here!

2 Comments

  1. Oh well..I’m sorry to say..but this sounds like a clever business model for Artistco..but really not more appealing like other streaming/sharing sites..at least not for me! :-)..so guess I won’t waiste my energy & time on it..best regards, JJ

    • It is what we call a shared business model. A model which ensures the sustainability of the platform and the revenue of content creators. Artistco helps you creating a direct connection between you and the fans that love you most. You create some sort of membership club that gives you the benefit of earning 100% of subscription fees (from the fans you bring onboard), and where fans get incentives when they share your music (we call this “crowd promotion”). I am curious in which way other streaming and sharing sites provide you this transparent and direct model? I invite you to create an account on https://www.artistco.com/register to give it a try!

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