SlideShare a Scribd company logo
Information for artists
Transfer of master rights
Label contract
HOW TO SUBMIT?
As an artist, you can submit a song bundle to WHAAT.The master rights will be used to make money in a crowdfunding
round (label contract). Submissions of all genres are welcome. Both unreleased and released songs can be submitted.
The WHAAAT jury is continuously listening to the submissions.Please give us some time to give feedback on your songs.
The decision-making principle of the jury is based on fairness towards all parties involved.This means that the jury
evaluates the earn-back opportunity of the funding sum within the contract period with the submitted song bundle and the
rights transferred from it.
WHAAAT signs a contract with either the original label (if applicable) or with you as the artist directly.The corresponding
rights to the songs are thus transferred to WHAAAT and offered to the investors.
The funding target and start date of the campaign are set. Now fans and investors can invest in your songs and participate in
the success of this song-bundle.
The financing target is achieved.The funding amount (ded. the fee) will be paid out to the submitter with the release of the
songs. Now you can work with this budget. No strings attached!
1
2
4
5
6
3
CONDITIONS
Assignment of the master-
rights title-based to
WHAAAT
You retain 20% of the rights,
WHAAAT retains 20% of the
rights and offers 60% of the
rights to investors.
Payment of the funding
deducting 20% fee after
the release of the songs
WHAAAT has the right to
verify the investments
made with the sum.
FOR INVESTORS
WHAAAT provides the crowdfunding platform and acts as a record label.
WHAAAT signs track-based deals with the artist or with the original label.
Via www.whaaat.eu, fans and investors can acquire rights for the corresponding participation rights.The
crowdfunding round lasts at least 30 days. More about this in our terms and conditions.
The submitter receives the financing sum deducted by the fee at the moment of the release of the
bundled songs.
The relevant royalties paid by the distributors to WHAAAT will be paid pro rata to the submitter and
investors over the stated contract period.
1
2
3
4
5
CONDITIONS FOR INVESTORS
Investors register on
WHAAAT.
Investors acquire shares of
the song bundles.
A small transaction fee is
deducted.
Over the contractual period,
investors receive pro rata
distributions of the royalties
which are received by
WHAAAT.
WHAAAT‘S
VISION
„WHAAAT’s vision is to bring together the most talented
musicians in Europe with fans and private investors.
Everyone involved benefits from this WIN:WIN:WIN
situation!!“
Mag. Lukas Rössler, MBA
Founder and CEO,Whaaat GmbH
WHAAAT IN
SHORT
WHAAAT is an alternative financing platform that
establishes a completely new form of investment.
Investing in music. WHAAAT brings artists, fans and
investors together.
Fans and investors can buy shares of the rights of the
songs at www.whaaat.eu and benefit financially from the
royalties in subsequent years.You can become a music
investor with just a few Euros.
The resulting financing is paid out to the artists or
labels.
Artists:
Financing of productions, marketing or touring
activities without risk and cost.
WHAAATIS
WIN :WIN : WIN
WHAAATIS
WIN :WIN : WIN
Fans / Investors:
Support of their favorite artists, financial
participation in the success of the songs.
Music industry:
Funding of quality productions, marketing and
touring activities for indie and major labels. Music
markets benefit from higher quality of the acts.
WHAAATIS
WIN :WIN : WIN
SEEYOUTHERE!
www.whaaat.eu
@whaaateu
hello@whaaat.eu

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WHAAAT_SlideShare_Labelvertrag_Submitter_ist_Artist_E.pdf

  • 1. Information for artists Transfer of master rights Label contract
  • 2. HOW TO SUBMIT? As an artist, you can submit a song bundle to WHAAT.The master rights will be used to make money in a crowdfunding round (label contract). Submissions of all genres are welcome. Both unreleased and released songs can be submitted. The WHAAAT jury is continuously listening to the submissions.Please give us some time to give feedback on your songs. The decision-making principle of the jury is based on fairness towards all parties involved.This means that the jury evaluates the earn-back opportunity of the funding sum within the contract period with the submitted song bundle and the rights transferred from it. WHAAAT signs a contract with either the original label (if applicable) or with you as the artist directly.The corresponding rights to the songs are thus transferred to WHAAAT and offered to the investors. The funding target and start date of the campaign are set. Now fans and investors can invest in your songs and participate in the success of this song-bundle. The financing target is achieved.The funding amount (ded. the fee) will be paid out to the submitter with the release of the songs. Now you can work with this budget. No strings attached! 1 2 4 5 6 3
  • 3. CONDITIONS Assignment of the master- rights title-based to WHAAAT You retain 20% of the rights, WHAAAT retains 20% of the rights and offers 60% of the rights to investors. Payment of the funding deducting 20% fee after the release of the songs WHAAAT has the right to verify the investments made with the sum.
  • 4. FOR INVESTORS WHAAAT provides the crowdfunding platform and acts as a record label. WHAAAT signs track-based deals with the artist or with the original label. Via www.whaaat.eu, fans and investors can acquire rights for the corresponding participation rights.The crowdfunding round lasts at least 30 days. More about this in our terms and conditions. The submitter receives the financing sum deducted by the fee at the moment of the release of the bundled songs. The relevant royalties paid by the distributors to WHAAAT will be paid pro rata to the submitter and investors over the stated contract period. 1 2 3 4 5
  • 5. CONDITIONS FOR INVESTORS Investors register on WHAAAT. Investors acquire shares of the song bundles. A small transaction fee is deducted. Over the contractual period, investors receive pro rata distributions of the royalties which are received by WHAAAT.
  • 6. WHAAAT‘S VISION „WHAAAT’s vision is to bring together the most talented musicians in Europe with fans and private investors. Everyone involved benefits from this WIN:WIN:WIN situation!!“ Mag. Lukas Rössler, MBA Founder and CEO,Whaaat GmbH
  • 7. WHAAAT IN SHORT WHAAAT is an alternative financing platform that establishes a completely new form of investment. Investing in music. WHAAAT brings artists, fans and investors together. Fans and investors can buy shares of the rights of the songs at www.whaaat.eu and benefit financially from the royalties in subsequent years.You can become a music investor with just a few Euros. The resulting financing is paid out to the artists or labels.
  • 8. Artists: Financing of productions, marketing or touring activities without risk and cost. WHAAATIS WIN :WIN : WIN
  • 9. WHAAATIS WIN :WIN : WIN Fans / Investors: Support of their favorite artists, financial participation in the success of the songs.
  • 10. Music industry: Funding of quality productions, marketing and touring activities for indie and major labels. Music markets benefit from higher quality of the acts. WHAAATIS WIN :WIN : WIN