This free Spotify rival is offering artists a 30% stake in its company
https://www.musicbusinessworldwide.com/this-free-streaming-service-is-offering-artists-a-30-stake-in-its-company/
WebFeb 17, 2015 · The 30% equity allocation would be divested over a 10 year period following the liquidity event, says QTrax, and proceeds will be distributed to artists and songwriters based on the number of plays. “Equity is the only real pot of gold from any of these digital music services, including our own,” said Allan Klepfisz, Founder and CEO of QTrax.
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