Ebeat...there's nothing like this concept in the world!!


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Company Name:

Ebeat Promotions PTY LTD

Industry:

Music

Number of Employees:

10+

Capital Needs:

$1,000,001 +

Location:

Geraldton - Western Australia, WA

Company Website:

jck@ebeatmusic.com

RaiseCapital Website:

http://www.raisecapital.com/tag/ebeattheres-nothing-like-this-concept-in-the-world

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Description

The team at Ebeat Promotions is dedicated to implementing and establishing a business model which revolutionises the global music industry, by allowing the sale, distribution and promotion of digital music online. Ebeat Promotions is passionate about creating the tools for unsigned or out-of-contract recording artists to have a greater share in the profits of music sales via an inventive marketing strategy and ultimately discouraging people from illegally downloading music. Ebeat Promotions believes that the music industry is in a state of deep crisis. Online file sharing and piracy has progressively decimated profits and retail sales. Consumers no longer need to visit a record store to purchase music, and for most it has become morally acceptable to steal an online digital version. This industry condition offers a great opportunity for a new business model to enter the music market, protecting and promoting recording artists and their intellectual property. It is the objective of Ebeat Promotions to become a lighthouse business within the music industry globally, encouraging a fair and equitable trade of revenue between recording artists and industry consumers as well as discouraging piracy. The website will remain industry independent and be advertisement free. Sales forecasts for the first 12 months of full trading represent an expected gross annual income of AUD $4,515,000 with an expected net profit of AUD $611,900. Ebeat Promotions is looking to obtain first round investor funding for a total of AUD $5,000,000 in order to create and implement the Ebeat Promotions website as well as establish the Ebeat Promotions brand. Ebeat Promotions will be looking to offer the prospective investor a share return per investment of 25% - 30% business equity.
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