We use technology and design to drastically increase our efficiency per square foot. Reducing customer cost 10X+ when compared to competitors.
Current Status
Currently partnered with multiple recording studios throughout California and Georgia.
We are building our 1st multimedia mall location at the Del Amo mall in Torrance CA (Lease not signed - location not yet ready/under construction)
We have over 5,500 lifetime customer and over $21 million in lifetime revenue.
We currently have over 500 pre sign-ups to our new location (over 1,500 pre sign-ups before we open our new location).
Market
We cater to tomorrows content creators (recording artists, and podcasters) of all ages, skill levels, and stages of career.
We also cater to listeners in the SoundCloud space primarily. And secondarily the Spotify/Apple music space.
Lastly we cater to the online radio market (Pandora, Iheartradio, etc).
Problem or Opportunity
Today's content creators are required to make more content than ever before. Spotify alone publishes over 25,000 songs/podcasts a day. Today's outdated & traditional recording studios are not designed to handle this type of workload. As a result their prices are extremely high, and their efficiency is extremely low.
Solution (product or service)
Our studios completely changes the traditional design and utilizes technology a lot more, which drastically increases efficiency. This not only allows us to charge 10X+ cheaper than competitors, this allows us to offer every service a recording artist or podcaster's career will ever need (publishing, distribution, copyrights, etc).
Competitors
Every recording studio in our area (Home, personal and commercial studios).
Additionally, streaming platforms.
Advantages or differentiators
Our extremely low prices.
Our ability to safely bring collaborators together.
Our technology.
Finance
With our current customer base we expect our year 1 revenue to be $3 million+ (per recording studio).
Each year we expect to increase our revenue per studio 40% - 75%.
Business model
We charge as low as $100 a month for unlimited recording.
We charge variable rates for additional services such as publishing, mixing/mastering, distribution, etc.
Money will be spent on
Building our new facility at the mall. Hiring personnel.
