Musicow US, Grammy R&B Duo Beta Test Success

Music investment platform Musicow's US corporation, Musicow US, has successfully concluded its official app beta test and announced the official service launch for next January. It aims to operate a music investment service within the regulatory environment of the US Securities and Exchange Commission (SEC), providing fans with opportunities to participate in artist album production and share profits, and artists with opportunities to strengthen fan communication and diversify revenue channels. Musicow US completed its market test last August with the offering of music securities for Kelly Clarkson's 'Mr. Know It All', and along with the app's unveiling, it announced the 'Musicow Artist Program'. This program supports artists' diverse growth beyond copyright revenue sharing, including promotion and marketing, education, and creative funding. The Grammy Award-winning R&B duo 'Black Tuxedo' has been selected as the first supported artist. Having worked with famous artists like Chris Brown and Doja Cat, they directly participated in the beta test and even promoted the offering of their latest album 'Should’ve Seen This Coming'. Black Tuxedo commented, "Musicow is an essential platform for the industry that allows fans to become family, sharing achievements and efforts together." Lee Wooseok, CEO of Musicow US, emphasized, "There is a need for an institutionalized platform where creators can deeply connect with fans and share value," and stressed that they will build a collaborative music ecosystem where both fans and artists thrive together, based on SEC regulations.