royalty exchange

royalty exchange

  • AmplifyX launches next week to offer shares in musicians' future royalty income
  • Its first tranche is two Detroit-based musicians, each of whom are offering 20% of future royalties for $10,000 at an effective $25 share price
  • In the future, Amplify plans to build out a secondary trading market and hopes to expand beyond music and into the broader creator economy

Rising Detroit rapper and singer Rocky Badd has always been about the street, but soon she and her manager Curtis McKinnon will be going public.

Next week, they'll be selling shares worth 20% of Rocky's future royalty income for $10,000. In doing so, they're also hoping to gain a legion of super fans financially and emotionally invested in her success.

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