Wanna Invest In One of the Biggest Hits of the 00’s?

Now you can. The Swedish music-fintech start-up Tangy Market unlocks the world of music investments. Today, anyone can become a music investor in the iconic double gold and platinum awarded hit song ‘Come on Over’ by superstar Christina Aguilera.

Music copyright is a long lived asset. Twenty years after its release, the perfect pop tune ‘Come on over’ that became the soundtrack of a whole generation, is still generating royalties. 

Tangy Market allows anyone to bet on a beat they like by buying future music royalties from artists and songwriters. This way, music copyright owners get their future royalties almost instantly, instead of having to wait for years.

According to UNESCO, the creative industries generate over two trillion dollars annually, and the music industry turnover is estimated to hit $142 billion in 2030. But a few superstars and large corporations share most of the revenue, and just a handful of capital-intensive players provide financing solutions for the arts.

The vision of a sustainable future for culture and the arts is the guiding star for the female-founded team behind Tangy Market.

“Tangy Market democratizes music investments so that artists and songwriters become less dependent on a few capital-intensive players, and fans get invited to actively participate in a market that they themselves support and can benefit from”, says Linda Portnoff, the company’s founder and CEO with a Ph.D. in cultural economics and a background as an indie-pop musician.

Two of the ‘Come on over’ songwriters Johan Åberg and Paul Rein are issuing shares of their future royalties on Tangy Market today. “I think this is a great opportunity for the whole music industry”, says Paul Rein, an award winning songwriter who has worked with artists like Mandy Moore, Victoria Beckham, Jessica Simpson and of course Christina Aguilera.

Tangy Market currently offers a mix of genres and musical assets such as songs, EPs, albums, and catalogues. Shares are expected to sell out quickly, spanning from minutes to hours depending on the size of the asset.

The app launched in early summer of 2021 and has already attracted users from 29 countries. This marks yet another innovation from Sweden, following successful frontrunners in the music and fintech industries such as Spotify and Klarna.

FAQ:

Q: What is Tangy Market?
A: Tangy Market is a global investment- and trading app that makes music investments accessible to anyone. Artists keep their music copyright while advancing themselves through upfront payments from fans and other investors who buy shares of their future music revenues.

Q: How does it work?
A: The initial share prices of the music on Tangy Market are predicted by a data driven valuation model. It takes both historical revenues and future potential into account when predicting upcoming royalties.

Q: How can music investors profit from the market?
A: Music investors get a return on their investment from royalty payouts turning out higher than predicted, or from trading shares at higher rates than they bought for.

Contact
Linda Portnoff, Founder and CEO
linda@tangymarket.com
+46 70 46 589 46

DOWNLOAD TANGY MARKET FROM THE APP STORE OR GOOGLE PLAY

TANGY MARKET PRESS KIT