BABOOM, an artist direct-to-fan platform, drives a quantum shift in artist empowerment by launching a compelling blend of technological advances and ambitious financial tools targeted towards promoting closer relations between independent artists and fans. Key innovations for artists include direct payments, a 90% revenue commission and splits to rights holders at source and a ticketing solution. Unique to BABOOM is its “Fair Trade Streaming” model. Fair Trade Streaming offers the artist full visibility of payments from streaming, unlike traditional methods where all revenue goes into a pot and is distributed to the artists who are most popular. Fair Trade Streaming ensures subscription fees go from the fan directly to the artists they stream. “We wanted the fans’ subscription to go directly to the artists they stream. The artists are the reason why fans subscribe in the first place. And because some people still enjoy buying music, BABOOM combines Fair Trade Streaming with a music store, enabling fans to build a lossless unlimited music collection. They can even upload their personal music and have it available everywhere”: says Marco Oliveira / CTO of BABOOM. “We have created a solution that will attract quality independent artists and labels. Greater returns, direct payments, fair trade streaming and an innovative royalty engine are some of the key factors that will drive uptake from artists,” says Mikee Tucker / Head of Content for Baboom. “We are here for the long game and the quality niche content that will be attracted to Baboom will in turn attract the fans.” About BABOOM: BABOOM puts artists in control of distribution and monetization of content. BABOOM provides an intimate engagement for fans by unifying music, photos, video and social streams in a single immersive experience. BABOOM has a strategic partnership with FUEL TV providing BABOOM artists with greater broadcast exposure, profile and opportunities across 61 countries worldwide.
View Top Employees from BaboomWebsite | http://baboom.com |
Funding | $4.2 million |
Employees | 4 (0 on RocketReach) |
Founded | 2013 |
Phone | +351 22 600 0126 |
Industry | Computer Software, Music & Music Related Services, Digital Entertainment, Software Engineering, Internet, Media & Internet, Media and Entertainment, Entertainment, Information Technology and Services, Music, Events Services, Music and Audio, Publishing, Content and Publishing |
Web Rank | 9 Million |
Keywords | Baboom |
Competitors | 8tracks, Deezer, Pandora, SiriusXM, Spotify |
SIC | SIC Code 57 Companies, SIC Code 573 Companies |
NAICS | NAICS Code 45114 Companies, NAICS Code 4511 Companies, NAICS Code 451 Companies, NAICS Code 451140 Companies, NAICS Code 45 Companies |
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Baboom is based in Auckland, Auckland.
The NAICS codes for Baboom are [45114, 4511, 451, 451140, 45].
The SIC codes for Baboom are [57, 573].