How does Viberate’s advancing model work?
Our advancing model provides funding for musicians by selling interest on your streaming royalties. You can put the proceeds to immediate use and spend them on whatever you want.
Meanwhile, we’ll be collecting the streaming royalties from the tracks you decide to include in the advance. When the advance is recouped, the streaming royalties will revert back to you. While we try to set a realistic term of recoupment, unforeseeable circumstances can cause the recoupment time to be either shorter or longer than anticipated. Either way, our contract is terminated when the advance is recouped.
Giving you an advance for your existing tracks does not entitle us to any proceeds from your future releases. You keep complete control over your creativity, music, and career – we just help fund it.