@subvertworld is a cooperative that is building a platform where artists and labels can sell music and merchandise directly to their supporters – “Our goal is to provide a comprehensive and transparent look into how we operate as a collectively owned music platform and create a marketplace that prioritizes fair compensation for artists and gives them more control over how their music is sold and distributed.”
Registered as a Limited Cooperative Association.
@ethical_consumer_magazine sneak preview of November listed them as the single most ethical music platform available, with highest marks in works, tax conduct, company ethos, and artist compensation.
First major policy decision made by newly elected board was 0% platform fees. “Our approved platform revenue model allows purchasers to voluntarily fund platform operations at checkout. Instead of charging artist and label platform fees, this approach ensures our financial sustainability while implementing no artist or label platform fees.”
Post quarterly budgets and are very transparent.
Democratic process with “one member, one vote” with regular input and ability to shape the organization via quarterly town halls and annual meetings with co-op members voting on key aspects of Subvert’s governance.
NYA Thanks @josh.raines.music!