Tallinn’s two startups, a streaming platform Fairmus and a marketplace for song copyrights Fanvestory, have announced a merger aimed at increasing the fan experience in the music industry. Fanvestory is a platform that enables music fans to better connect with their favorite artists and help them succeed. Meanwhile, Fairmus provides fans with an easier way to find their favorite artists, as its revenue model is based on the money of paying users being shared only among the artists they actually listen to.
The merger of Fanvestory and Fairmus creates an opportunity to find the previously missing component for the growth of Fanvestory, as it allows for a real interface between the artist and the listener. The collaboration also enables Fairmus users to help artists create new music in the coming months. Fairmus co-founder and CEO Reigo Ahven stated that the companies share a common goal of bringing new ideas to the industry.
Fanvestory users will receive an offer to use Fairmus during the month of April, while Fairmus users will have the opportunity to contribute to making new musical ideas come true. The merger is expected to bring significant improvements to the music industry by creating a better connection between fans and their favorite artists.
The merger is expected to bring significant improvements to the music industry by creating a better connection between fans and their favorite artists. With the combination of Fairmus and Fanvestory’s strengths, fans will now have more opportunities to support their favorite artists and engage with them on a deeper level.
The merger of Fairmus and Fanvestory marks a significant step forward for the music industry, as it creates a platform for fans and artists to connect and collaborate. It is hoped that this collaboration will inspire similar initiatives in the future and contribute to the growth of the music industry as a whole.
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