The fully independent subscription service for independent artists and labels, Humbolt has announced its dissolution.

The fully independent subscription service for independent artists and labels, Humbolt has announced its dissolution.

Humbolt was a platform for independent artists and labels only, meaning no big labels like Sony Music Entertainment, Warner Music Group, or Universal Music Group artists or their music is on the service. The service allowed users to subscribe to a label station for a minimum price of $2.99 a month in which helped support the artists and labels by 90% of all income going to them. Humbolt was released to the public in August of this year in the United States, France, United Kingdom, and Canada, Australia, New Zealand, and did have plans to expand to more territories in the near future. Humbolt signed deals with small indie labels and independent distributors such as Virtual Label, Terrabyte Studios, Dots Per Inch Music, FFM, Lowatt, Squirrel Thing Records, and many others.

 

David O’Brien, Founder of Humbolt had this to say: ‘We, unfortunately, took advice from an “industry insider” that proved to be a fatal error with regards to our finances. We cannot operate in the US because of it. As you know the US is the biggest indie market in music streaming consumption. We never thought this would be the answer to all indies problems, but more a way to get an extra bump in revenue where it’s being lost in low payouts from the likes of Apple and Spotify, as well hipster coffee shops who don’t license music.’

JakeC