JAY-Z’s Roc Nation has joined forces with South Korean fintech leader Musicow to bring a groundbreaking opportunity to music fans in the United States: the ability to own fractional shares of their favorite songs.
This innovative collaboration is hailed as the first-ever “Music Equity Service Provider” in the U.S., as reported by Billboard. The service allows fans to invest in music royalties, earning a share of revenue generated by tracks they love. Meanwhile, rights holders can trade royalty shares, and artists have the option to sell fractional ownership of their music.
Roc Nation’s Vice Chairman Jay Brown shared his excitement about the initiative in a statement:
“The music industry is transforming into a shared ecosystem where fans and creators can grow together. Our mission is to empower artists with the tools to thrive while offering fans access to the financial opportunities the music industry provides.”
Musicow CEO Woo Rhee echoed this sentiment, calling the partnership a game-changer:
“This collaboration represents an incredible opportunity to drive innovation and reshape the future of our industry. Together, we aim to create transformative progress and unlock limitless potential for everyone involved.”
The service is expected to officially launch by March, marking a significant step toward bridging the gap between music creators and their audiences.
With this venture, Roc Nation and Musicow are poised to redefine how fans engage with the music industry, turning listeners into investors and building a more inclusive financial ecosystem for artists and fans alike.
