Advances
An advance can be an important factor in being able to realize a project exactly the way you want it. In addition, an advance payment provides planning security. iGroove is therefore also interested in supporting its artists financially in the form of advances.
We offer two different types of advances:
Advances for upcoming releases:
Do you need support in the realisation of your project? With iGroove’s advance payments for your upcoming release, you can help finance studio costs, a video shoot or even your living costs. You can easily apply for the advance in your iGroove account. Learn more
Backlog Advances
With the backlog advances you can also make money from your old releases. With the world’s first artificial intelligence-based advance calculator, you can instantly evaluate what your backlog is worth. You can choose the duration and the commission and as soon as you have found the perfect model for you, the money will be transferred directly to you. Learn more
Important to know:
- iGroove bears the economic risk. If an advance payment is not recouped, the artist is not liable with his or her private assets.
- Since the risk lies with iGroove, it is unfortunately not possible for us to grant all artists an advance payment.
- The advances always relate only to the contractually agreed releases and do not have to be recouped with other releases.
- The contracts do not include unilateral options that tie the artists to iGroove for a longer period of time.