Whether it's tour merchandise or other retail items, musicians often seek ways to generate income in addition to the music they make. Gurps Rai, CEO of DroppTV, told Cheddar he's offering them a chance to do both in one place.
Rai started the music video platform, DroppTV, as a way for fans to buy the items they see in their favorite artists' videos. The CEO stated that the business gives fans a chance "to connect" with artists.
Perhaps the best part about the innovation, according to Rai, is that the viewing experience is uninterrupted if a person decides to shop.
"There's no hijacking and going to another link, to another website. So, I see it, want it, get it, purchase it," he said.
Rapper Kid Daytona, who recently partnered with DroppTV, said he plans to release his first shoppable video on the platform.
"The platform itself was something that was very innovative to me, and I thought it was so cool," Daytona told Cheddar.
However, he added that this particular project is bigger than lining his own pockets. Dayton said he is using it to give back.
"We are raffling off two 1-of-1 Coogi pieces," he said, referring to the apparel brand. "All proceeds are going to the Lower East Side Girls Club of New York."
For fans looking to connect with their favorite artists or even new ones, Rai said more than 2,000 musicians have signed, including Ashanti and Kaden Mills.
Disney is back in focus after Q3 earnings. Investors are watching streaming profits, theme parks and ESPN as the entertainment giant looks for its next catalyst
Healthcare policy is shifting fast, raising questions about drug prices, Medicare and access. Leap Health CEO Hani Elias explains what patients need to know.
The U.S. job market is cooling as hiring slows and employers turn cautious. LinkedIn’s Kory Kantenga breaks down jobs, wages, spending and AI’s impact.
AI is entering a new phase as enterprises move beyond experimentation and demand measurable returns. Appian CEO Matt Calkins discusses what comes next.
Commercial Metals CEO Peter Matt reveals how a $2.5B acquisition spree is transforming the 111-year-old steelmaker into a construction solutions powerhouse.
Angelo Zino, Senior Vice President and Technology Equity Research Analyst at CFRA, breaks down Big Tech earnings, AI spending, and what's next for the Mag 7.
Big Tech is pouring billions into AI. Ray Wang, CEO of Constellation Research, explains what Meta and Microsoft's earnings reveal about those investments.