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JAY-Z’s Roc Nation Teams Up with Musicow to Let Fans Invest in Music Royalties

Author Kayla Morgan

JAY-Z’s Roc Nation has joined forces with South Korean fintech company Musicow to offer U.S. fans the chance to invest in music royalties.

According to Billboard, this partnership is being described as “the first Music Equity Service Provider in the United States.” Through the new service, fans will be able to invest in music royalties and earn revenue from the music they love. Rights holders can trade royalty shares, and artists will have the option to sell fractional shares of their tracks.

According to the outlet, Jay Brown, vice chairman of Roc Nation, said: “The music industry is evolving into a shared ecosystem where fans and creators can earn together. Our mission is not only to support and empower artists by providing the tools and services they need to build a better music ecosystem but also to give everyone access to the financial opportunities the music industry offers.”

Musicow CEO Woo Rhee added: “[This partnership is an] incredible opportunity to drive innovation and redefine the future of our industry. I’m confident that together, we have the vision, expertise, and enthusiasm to create transformative progress and unlock limitless potential.”

The service is reportedly expected to officially launch by March.

Kayla is the midday host on Detroit’s 105.1 The Bounce. She started her career in radio back in 2016 as an intern at another Detroit station and worked her way here. She's made stops in Knoxville, TN, Omaha, Ne and other places before returning to Detroit. She’s done almost everything in radio from promotions to web, creating content on social media, you name it. She’s a true Michigander, born and raised. So, you can catch her camping or vacationing up north to exploring the downtown Detroit or maybe even catching a sports game. During her free time, Kayla enjoys watching movies, roller-skating, crafting, and music festivals. She and her husband together dip into many of the great things Michigan has to offer. Together they also like to travel. A few hobbies of hers include wine and beer tastings, crafting, hiking, roller skating, movies, home improvement projects, gardening, and festivals. She’s always looking to take on more local events happening in the community. She loves connecting with the community. When writing, Kayla covers topics including lifestyle, pop culture, trending stories, hacks, and urban culture.

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