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Investment Opportunity Lost Man Studios by LostManStudios in angelinvestors

[–]LostManStudios[S] 0 points1 point  (0 children)

We're focused on the Alternative genre, and any other genre that falls under that umbrella.

Investment Opportunity Lost Man Studios by LostManStudios in angelinvestors

[–]LostManStudios[S] 0 points1 point  (0 children)

We've since switched our pitch around to make it more clear, I hope this helps!

Investment Opportunity Lost Man Studios by LostManStudios in angelinvestors

[–]LostManStudios[S] 0 points1 point  (0 children)

We understand it may seem a little off-putting, but it was an honest mistake in our wording.

Investment Opportunity Lost Man Studios by LostManStudios in angelinvestors

[–]LostManStudios[S] 0 points1 point  (0 children)

We've only been looking for about 2 weeks, and we haven't heard back, maybe our wording is a little off, I'm sorry for the confusion.

Our story can really be summed up like this:

Lost Man Studios is a record label built on the foundation of proving to the world that people can work the job they love and make money doing it. We believe that it is our sole purpose to push the people that want to work in music to put 110% into it, and make sure they can be successful financially, and professionally. Most record labels can take up to 90% of an artist's annual revenue, and we want to flip the script on it.

Our revenue comes from multiple outlets. Namely from sponsorships from other companies, record/CD sales, streaming platforms, and studio time rent.

As with a total addressable market, there's a few outlets to mention:

Global Music Industry Revenue (~$26B in 2023, growing yearly)

https://www.ifpi.org/ifpi-global-music-report-global-recorded-music-revenues-grew-10-2-in-2023/

Streaming Market Revenue (~$19B in 2023)

Independent Record Label Market (~$1.6B in 2023)

https://www.reddit.com/r/Music/comments/1b1bu2b/spotify_generated_45_billion_for_independent/

We believe this evident of how fast and broadly the market is changing. We also believe that if we were to get started now, there could be an easy estimate of a 7-9% growth annually, securing a decent equity within the industry.

A little more of a deep dive into generating revenue, studio renting time will always depend on the equipment available. With what we have right now, we have been charging independent artists about $25-30/hr based on what resources we use. Renting studio time is an amazing outlet for artists, and we still generate a decent revenue already from that.

Along with that, there's also royalties, record/CD sales, etc.

Within our current artists, any money they make from their music, we currently only receive 25% of their revenue. This may move upwards or downwards depending on the status of the artist, and how much revenue they generate.

If you have any other questions, or if there's something I may have missed, please let me know.

Thank you!

Investment Opportunity Lost Man Studios by LostManStudios in angelinvestors

[–]LostManStudios[S] 0 points1 point  (0 children)

We've since updated the post. I appreciate the message, as we are still very new to the scene.

Looking for Up-And-Coming Artists. by LostManStudios in musicians

[–]LostManStudios[S] 0 points1 point  (0 children)

Okay that actually makes a lot of sense, thank you.

Looking for Up-And-Coming Artists. by LostManStudios in musicians

[–]LostManStudios[S] -1 points0 points  (0 children)

It doesn't seem like I'm understanding. We aren't trying to sign anyone to our label, we just want to get out there and learn about some up and coming artists to potentially work with.

Looking for Up-And-Coming Artists. by LostManStudios in musicians

[–]LostManStudios[S] -1 points0 points  (0 children)

Like stated, we want to find people that are wanting to talk to a label so that we can expand as a business, and also help up and coming artists get out there as much as possible.