beatBread has launched a new Deal Comparison Tool that helps artists and independent labels evaluate and compare different funding offers side-by-side. The tool provides detailed breakdowns of proposed agreements from various sources, including distributors, major labels, and other funding companies.

Key Features of the Deal Comparison Tool:

• Analyzes total deal value
• Breaks down fee structures
• Projects recoupment timelines
• Adjusts for different performance scenarios (low, expected, high case)
• Compares multiple offers simultaneously

During beta testing, the tool demonstrated significant impact:

• 60% of artists and label owners chose different deals than their initial offers
• Users included artists with seven-figure contracts
• Label owners evaluated proposals worth up to $100 million
• The tool helped identify potentially problematic deals that could lead to distress sales

According to Peter Sinclair, beatBread's CEO and co-founder, the tool helps cut through misleading "headline terms" by connecting contract terms to probable real-world outcomes. The platform welcomes comparisons with competitors, emphasizing its mission to empower artists and indies to make informed decisions.

Notable results from beta testing showed that some independent labels might have faced forced sales had they accepted seemingly attractive distribution or label joint venture offers without proper analysis.

The tool is available to all artists and independent labels, regardless of whether they ultimately choose beatBread's services or those of competitors.

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