In this ever-evolving and changing industry, it’s no secret that as an artist you can face a mountain of challenges when it comes to being fairly compensated for your work if you’re to be compensated at all. Whether it’s navigating your way through the network of complicated structures put in place regarding royalties and delayed payments. Or even uncertainty around transparency and truth, there are many disheartening issues that as an artist or creative, you may find yourself coming face to face with simply by wanting to share your heart and soul’s work.
At Splitz app we get it, we know how disheartening it can be. This is why our founders are ready to revolutionize the industry as a whole and bring in a new standard and solution that will set the tone for the future, usher in a new paradigm within the creative industry, and put the power back into your hands as an artist. Our solutions aim to lay a foundation for sovereignty and authority for artists and creatives within the industry as a whole and set the tone for a future ‘standard’ way of practice.
At Splitz we believe that you, the creator, the artist should have more freedom and autonomy over your work and without a doubt be rewarded in a way that is not only fair but feels abundant, rewarding, and nourishing to your soul.
Creative expression comes from the soul and is a direct extension of you, so it would make sense that you would feel good, wholesome, and nourished when it comes to being rewarded and compensated for your work. Yet the way that the system has been set up and structured, makes it difficult if not impossible to find financial and creative freedom and maintain a standard of living that is acceptable. In this article, we take a closer look and discuss the issues that arise within the industry, which have been well documented and ‘renowned’ to make it troublesome for creatives and artists to move forward.
1. Complex royalty structures
4. The ‘Middlemen’ and Commission Fees
5. Global Payment Challenges
6. Inconsistent Revenue Streams
Artists often do not rely on just one income stream solely through music, writing, or creation. Often streaming platforms are just a proportion of what brings in revenue as a whole. Merchandise, live performances, and bookings are also often needed to create stability financially. The Splitz app allows you to consolidate all your revenue streams in one place. Creating simplicity and structure that is easy to navigate.
7. New and emerging artists
In conclusion, creatives, artists, and the entire industry as a whole are ready for these changes.
We believe that as an artist you deserve more freedom, autonomy, and authority over your work and the simple truth is, there is a more honest, real, and easier way for you to create a stable and abundant income doing what you were born to do.
The Splitz app and system facilitate these changes and provide the solution the artists and industry need in the current world we are living in.