photo: Hannah Peters, Getty Images
Designed as an alternative to popular streaming services like Spotify and Apple Music, BABOOM, as it’s called, lets independent artists keep 90% of the proceeds through its “Fair Trade Streaming” agreement. Dotcom originally envisioned the service as an alternative to the music industry through which they could directly distribute their music to fans, but he left the company last fall. – Kia Kokalitcheva, Fortune Magazine
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