Music Benefactors is excited to announce its partnership with country music artist, viral sensation and innovative entrepreneur Karen Waldrup. Waldrup is joining forces with Music Benefactors, a revolutionary funding platform which enables music fans to invest in the projects of their favorite artists and share the royalties the albums generate, to fund her new project Somebody’s Got To Be First, a five song EP. The EP is being produced by legendary producer Paul Worley, who discovered the Dixie Chicks and has produced projects for Lady A, Martina McBride, Big and Rich and countless others. Waldrup is one of the first country artists to publicly issue and sell equity in a project.
Waldrup shares, “Somebody’s Got To Be First is a project that fascinates me and gives me peace all at the same time. I love being first in endeavors that I am a part of and I have always dreamed of working with this producer Paul Worley. When I first moved to town, we used to meet in his office between my club days on the road & I remember he always encouraged me to “keep building my live performance & fanbase muscles”. I believe with over one million #waldrupworldwide fans, this new music coupled with legendary producer, Paul Worley,we can be the first successful public securities offering of a music project in Country Music history. After all, Somebody’s Got To Be First.”
Worley elaborates, “I met Karen several years ago and was immediately taken by her voice and passion for her work. Since then I have watched her grow exponentially! She has it all! She is beautiful with a ‘never met a stranger’ personality. Her singing is spot on perfect, and so emotional. She now has a very large fan and touring base, and the songs she is ready to record are great. I am fully committed to her career and encourage anyone interested in supporting great music to get on board.”
Waldrup’s team is conducting a public equity offering. Fans can purchase shares in this project for as little as $50. In addition to owning equity in the music, investors committing at least $200 will get access to Waldrup’s artist premiere portion of her website hosted by Rhythmic Rebellion, which is a password protected area of her website featuring exclusive content. Fans committing $1,000 or more to Waldrup’s project will receive collectible autographed merchandise.
Through Music Benefactors, Waldrup and other artists use the platform to raise capital while maintaining ownership of their master recordings and copyrights. This affords artists the luxury to raise capital to properly produce and market an album. When music is streamed, purchased, played on the radio or used in TV and films, royalties are paid to rights holders. For the first time ever, all fans and investors can participate in this exciting investment class which has generated billions of dollars to major record labels.
For more information, visit: https://www.musicbenefactors.com/