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\n\tRoc Nation<\/a> is expanding its music business portfolio with a trailblazing partnership. The Roc has teamed up with South Korean fintech company Musicow<\/a> to launch what it describes as the first Music Equity Service Provider in the United States.<\/p>\n \n\tMusicow aims to offer Americans the opportunity to invest in music royalties. This partnership allows music rights owners to buy, trade, or sell shares of royalty revenue with potential public investors.<\/p>\n \n\tMega fans will have the chance to earn revenue through their favorite artists by utilizing music royalties as an alternative asset class. Creators will also be able to fractionalize royalty revenue and sell shares of tracks. <\/p>\n \n\t\u201cThe music industry is evolving into a shared ecosystem where fans and creators can earn together,\u201d Roc Nation vice chairman Jay Brown<\/strong> told Billboard<\/em>. \u201cOur mission is not only to support and empower artists by providing the tools and services they need to build a better music ecosystem but also to give everyone access to the financial opportunities the music industry offers.\u201d\u00a0<\/p>\n \n\tMusicow CEO Woo Rhee<\/strong> called the Roc Nation partnership an \u201cincredible opportunity to drive innovation and redefine the future of our industry.\u201d<\/p>\n \n\tRhee added: \u201cI\u2019m confident that together, we have the vision, expertise, and enthusiasm to create transformative progress and unlock limitless potential.\u201d<\/p>\n \n\tMusicow isn\u2019t live just yet with an official launch projected to come at some point during the first quarter of 2025. Early users will have the chance to receive a free $10 in their Musicow wallet to get a head start on earning royalties before the rest of the competition.<\/p>\n<\/div>\n<\/div>\n