Artist Republik

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Artist Republik
IndustryMusic
FoundedNick Cianfaglione
Headquarters
Providence, RI
,
United States
Number of employees
9
Websiteartistrepublik.com

Artist Republik is a social networking-based digital management tool for the music business targeted toward independent musicians.[1]

History

Artist Republik was founded by Nick Cianfaglione while he was a student at Bryant University.[2] The site launched a public beta version on January 10, 2020 and within two weeks of launching, Artist Republik had 11,000 users on its waiting list[2] and 17,000 users within six months.[3] A full release of the platform was planned for the March 2020 SXSW.[1] In July 2020, Artist Republik announced that it had raised $540,000 in investment capital that would go toward expanding its development team and expanding its user base.[4] The funding allowed the company to bring some of their existing employees on full-time.[3] The startup intends to raise a Series A round in spring 2021 in order to establish a physical headquarters.[3] Rapper Hopsin joined Artist Republik's advisory board in September 2020.[5]

Model

Artist Republik targets the "music middle class,"[2] giving independent artists tools, resources, and connections to manage, market, and book themselves.[6][5] The platform is free for artists to join with services offered on a pay-per-use basis.[7] Over 1000 products and services are available in the marketplace.[8] Offered services include ticketing sales hosting, show booking, merchandising, contract negotiations, IP protections, fanbase development, and music distribution.[9] Artist Republik keeps costs down by automating its services.[5] Artist Republik also positions itself as a music discovery tool[10] where artists are given a score based on the level of engagement they receive from their fanbase on social media.[2]

References

  1. 1.0 1.1 "HITS Daily Double : The B-Side – ARTIST REPUBLIK TO LAUNCH AT SXSW". HITS Daily Double. Retrieved 2020-07-27.
  2. 2.0 2.1 2.2 2.3 Berkowitz, Bryan (2020-01-27). "Bryant Students' 2-Week-Old Music Business Platform Already Has a 11K Waiting List". Rhode Island Inno. Retrieved 2020-07-26.
  3. 3.0 3.1 3.2 Walrath, Rowan (2020-07-07). "Indie platform Artist Republik raises $540K as small venues eye reopening". Rhode Island Inno. Retrieved 2020-07-26.
  4. Hall, Christine (2020-07-02). "Startups To Watch: Qualee Technology, Koala, Artist Republik, Competitive Wedge, Simply Speak". Crunchbase News. Retrieved 2020-07-27.
  5. 5.0 5.1 5.2 Turner, Rianna. "Rapper Hopsin Joins Board Of Directors At Social Media Startup Artist Republik". Forbes. Retrieved 2020-09-25.
  6. Ahmed, Shazad. "Empowering Independent Artists". Vents Magazine. Retrieved 2020-07-27.
  7. Radic, Randy (2020-07-06). "'Artist Republik' Looks to Change the Music Industry". Grit Daily News. Retrieved 2020-07-27.
  8. Thompson, Ryan. "Artist Republik Integrates Grow With Us Tool". Hertz Magazine. Retrieved 2020-07-27.
  9. Reles, Marilyn (2020-07-01). "Music Disruptor 'Artist Republik' Raises $500K to Grow Industry's First Talent-Controlled Business Platform". One West Magazine. Retrieved 2020-07-27.
  10. "7 Killer Tips To Build A Fan Base For Your Music In 2020". Vybed Out Radio. 2020-06-19. Retrieved 2020-07-27.

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