Jeeni successfully raised £100,000

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Jeeni is an online entertainment service that harnesses the unprecedented growth of streamed music. Jeeni facilitates independent artists to build a global fanbase and market to them directly. The company is dedicated to monetising new talent and rewarding them and their audiences ethically and fairly.

Team Jeeni has an extensive record of achievement in media and music.
Unlike most competitors, Jeeni offers artists an ethical revenue share.
Streaming services: one of the fastest growing media sectors with 350 million subscribers.
Jeeni is supported by award-winning, world-class ambassadors.

Idea

Members of Team Jeeni have worked with every one of the superstars in this video, to showcase their talent and help build their fanbases. Now we're doing the same for a new generation of undiscovered talent.

With over 350 million paying subscribers, streaming services are one of the fastest-growing areas in the entertainment media sector, enjoying a growth-rate of 39% year on year and providing billion-dollar revenues for digital disruptors.

The Jeeni protoype was launched in April 2019 as an ethical alternative to all the hype: no adverts, no fakes, no exploitation, no hypocrisy.

We are generating new revenue streams for independent talent as well as established artists. Unlike most competitors, we offer a 100% ethical deal that rewards audiences as well as performers.

There are 5 revenue streams operating in parallel:

1 - Subscription-based memberships

2 - Online masterclasses

3 - Bespoke hardware sales

4 - Pay-to-view streamed events

5 - Branded merchandise

After a successful crowdfunding campaign last year the latest Jeeni platform was launched in June 2020 across 86 genre channels, with automatic translation into 107 languages, and with more than 7,000 followers and community members.

This fundraise will be used to further scale our capacity globally and build our mass artist showcases. We will also integrate our dedicated mobile platforms and implement our marketing communications plan. Our long term goal is to surpass our target paid subscriber numbers, achieve exponential subscriber growth and exit by acquisition.

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Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Jeeni has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.

Idea

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