beatBread has launched a new tool designed to bring greater transparency to deal negotiations. The Deal Comparison Tool allows artists and labels to analyse and compare funding offers, whether they come from beatBread, its network of independent distributors, or outside sources.
The tool breaks down key deal elements and provides insights into cash flow, costs, and recoupment structures over time. By offering a side-by-side view of different funding options, the platform aims to help users avoid unfavorable terms and make informed financial decisions.
beatBread has been expanding its funding ecosystem over the past two years. In 2023, the company raised over $100 million to support independent artists and labels. The following year, it launched the beatBread Funding Network, connecting artists with a broader range of funding sources. Now, with the release of the Deal Comparison Tool, beatBread is positioning itself as a resource not just for financing but for financial clarity.
Artists and labels using the tool can upload and compare offers, gaining a clearer understanding of long-term financial implications. The platform also showcases the pros and cons of each deal based on an artist’s projected earnings, ensuring that users can make choices that align with their career goals.
beatBread emphasises that the tool is not limited to its own funding offers. Whether an artist is considering a deal from the company, a distributor in its network, or a competitor, the tool is designed to provide unbiased insights.
For independent artists navigating an increasingly complex funding landscape, having a tool that simplifies deal terms and forecasts financial outcomes could make a significant difference.
The Deal Comparison Tool is now available on beatBread’s platform.
