LabelWorx Unveils Elevate Funding Programme for Independent Labels (opens in new tab)

LabelWorx has introduced Elevate, a new programme that combines upfront funding, strategic planning, and promotional support for independent electronic music labels. The initiative is positioned as a response to ongoing cash flow challenges faced by independent labels, particularly the delay between music releases that generate income and the receipt of royalty payments. According to the company, Elevate will provide selected labels with access to upfront capital advances, alongside tailored ...