Itching to tour, but can’t afford the flights?
Need funds for PR, Marketing, Recording & Production?
Looking to press your latest album on vinyl?
With GYROadvance you could be eligible to access your future streaming royalties to help fund the next stage in your career.
GYROadvance is a royalties prepayment program from our partner, Catalogue Management Group, part of Australia’s most forward-thinking, independently owned digital distribution and artist services company. Our data-driven algorithms will analyze your current streaming to check if you are eligible for advance funding.
How do I apply?
Sign up to JetStream and head to the 'GYROadvance' tile on your dashboard. Fill out the application form.
The GYROadvance team will review your application and if successful, they’ll ask you for access to some extra data points such as your Spotify for Artists account to deep dive into the numbers.
We’ll get in touch with you to provide an offer document, outlining the advance amount and terms.
Once the offer is accepted by you, and provided your catalogue is distributed by the advance funder, GYROstream, the payment will be in your account within 14 days.
Your advance is recouped against royalty earnings each month until re-paid. You can see the progress of your repayments in your CMG payments dashboard.
Eligibility depends on the amount of streaming data that we have to work with. Your music needs to be distributed by CMG, and be generating income on a monthly basis. Don’t currently distribute with CMG? No worries, we can still run the numbers and as long as you are able to switch to us you can still access all the benefits of a GYROadvance.
If you’ve got an amount in mind for your next project be sure to let us know, however prepayment amounts are individual to each artist and range from a few hundred dollars up to tens of thousands, depending on your current streaming numbers, expected future sales and future release activity.
GYROadvance is designed to help artists take the next step in their music career. Unlocking your royalties early gives you the flexibility to record more often, purchase merch for your next tour, hire a PR or marketing expert, or any other activity that can give your music a boost to take you to the next level.
No. This is about giving artists the resources to STAY independent. You still keep 100% of your copyrights - you won’t be signing away your master rights or publishing like a traditional record deal and you’ll remain in full control of your creativity and artistic vision.
World class music services should be available to everybody, not just those signed to a major label. More than just a distribution company, JetStream is creating a hub for independent musicians like you, to access the tools and services needed to get their music streamed, get noticed, and get paid.