Date 2023-10-06
Category News
A major problem the average artist in both Nigeria and Ghana faces is the scarcity of funds to achieve their goals in the music industry fully.
In other developed countries, there are opportunities that these artistes can take advantage of to support their careers. Providing such alternative methods of funding for artists is what led to the creation of artists development firm Cash’N”Out Limited.
In a bid to support artists with the right infrastructure, majorly through independent investments and to develop a more sustainable structure within their local music industry, Cash’N’Out Limited recently closed an extensive music funding deal worth over $5 million (Five Million Dollars) with American funding group chordCash. This makes
Cash’N’Out their latest member.
This deal ensures that any artiste who signs up Cash’N’Out with will enjoy marketing success, their unique selling point will be identified, and strategies that will give their career a competitive edge in today’s digital music marketplace will be deployed.
Speaking about the deal and why he set up this company to make life easier for artistes, the founder of Cash’N’Out, Abisoye Obayan explained that: “I got into the music industry as a recording artist, nurturing a very promising career, scoring a few hits that found minor chart successes, and aiming for stardom. But it was all a dream, especially when you
have no sponsor, no investor, not even a motivator (you know the kind that throws you small money and support but consistently). He continues; “This led us to start a local investor network trading private savings for music development and distribution. Now we have secured over $5 million for artistes in Nigeria, Ghana and related markets across Africa and this is not restricted to any particular kind of music from within our market. Summarily, this is a smart investment opportunity for artistes, with flexible terms, strategic marketing support, and more importantly a reliable alternative to the infamous bad business relationships between local labels and artists.”
To access this opportunity and get answers to all inquiries, visit https://bit.ly/
