PROJECT:ONE

Building the next generation
of music production companies.

Human talent. Artist ownership. Professional development. Commercial scale.

Series Seed
$8.0M
Pre-Money
$24M
Post-Money
$32M
New Investor Ownership
25%
01PROJECT:PROBLEM

It has never been easier to release music.
It is still extraordinarily difficult to build a career.

Artists can access

  • Distribution
  • Recording technology
  • Social platforms
  • AI tools
  • Freelancers
  • Marketing platforms
  • Streaming platforms

Artists still lack

  • Judgment
  • Capital
  • Development
  • Quality control
  • Career architecture
  • Live preparation
  • Trusted relationships

The infrastructure is fragmented.

DIY independence preserves freedom but frequently leaves the Artist undercapitalized and unsupported.

Traditional structures can provide infrastructure but may require substantial rights, control, or long-term economic participation.

PROJECT:ONE is designed to operate between those two choices.

02PROJECT:SOLUTION

One accountable artist-development system.

  1. 01Identify
  2. 02Develop
  3. 03Write + Produce
  4. 04Record
  5. 05Brand + Release
  6. 06Build Audience
  7. 07Develop Live Show
  8. 08Commercial + Booking Partners
  9. 09Perform
  10. 10Scale

We own the development relationship, strategy, capital discipline, and quality control, then connect Artists to best-in-class specialist partners.

We don't sign Artists to own their futures.
We build with them.

03PROJECT:ARTIST

We invest in talent before we invest in metrics.

A&R ScorecardRelative weight
  • 01Human performance ability
  • 02Authenticity
  • 03Live potential
  • 04Song / repertoire potential
  • 05Work ethic
  • 06Coachability
  • 07Commercial potential
  • 08Existing audience
  • 09Rights cleanliness
  • 10Team quality
  • 11Capital efficiency
  • 12Company fit

Can this person do something extraordinary when there is nowhere to hide?

Existing audience helps.

Existing revenue helps.

Existing releases help.

They do not replace talent.

04PROJECT:OWNERSHIP

Artists own what they create.

The Artist owns 100% of the underlying master. For Company-funded recordings, PROJECT:ONE receives a defined exclusive commercial license over the funded master.

Company economics are tied to value created. Artist economics improve as PROJECT:ONE capital is recovered.

Phase I

Until PROJECT:ONE reaches 1.0X deployed capital.

Live
60%
Company
40%
Artist
Master
60%
Company
40%
Artist

Phase II

From 1.0X until PROJECT:ONE reaches 2.0X deployed capital.

Live
25%
Company
75%
Artist
Master
30%
Company
70%
Artist

Phase III

After 2.0X if the Artist stays.

Live
10%
Company
90%
Artist
Master
20%
Company
80%
Artist

The Artist's success improves their economics.

05PROJECT:DISCIPLINE

Capital follows evidence.

  1. 01ValidationUp to $10K
    Evidence
  2. 02Production + Quality ControlUp to $20K additional
    Evidence
  3. 03Commercial + Live DevelopmentUp to $15K additional
    Evidence
  4. 04Opportunity ReserveUp to $5K additional

Artist Acceleration Reserve

Winning Artists may later receive:

$25K$50K$100K+

when evidence supports additional investment.

We do not need to predict every winner.
We need to stop funding weak evidence and aggressively support strong evidence.

Initial operating targets: 15-20 active Artist relationships, 6-10 Company-Funded Artist Partnerships, 4-6 funded Artists demonstrating sustainable professional economics, and 1-2 opportunities demonstrating breakout-level evidence.

Planning targets, not guarantees.

06PROJECT:REVENUE

Two revenue engines.

Company-Funded Artist Partnerships

  • Selected exceptional Artists
  • No upfront Artist payment
  • Artist retains ownership
  • PROJECT:ONE participates in defined economics it helps create

Creates longer-term portfolio returns.

Commercial Artist Partnerships

  • Artist, manager, label, or third party pays for services
  • Production
  • Executive production
  • Artist development
  • Live development
  • Creative strategy
  • Quality control

Creates near-term operating revenue.

Service Relationship→
Evidence→
Investment Opportunity

Commercial services can become paid A&R.

Clean start: $0 transferred revenue at Month 1. Every dollar is generated by the Company from the first month of operation.

Objective: approximately $2.5M to $3.5M annual Commercial Services revenue run rate by the end of the initial capitalization period.

07PROJECT:NOW

Why now.

$31.7B
Global recorded music revenue, 2025
837M
Paid streaming subscription accounts
159M
Fans attending Live Nation events in 2025
50%+
Peak share of new daily uploads on Deezer reported as fully AI-generated during June 2026
  • Recorded music is growing.
  • Independent economics are meaningful.
  • Live remains commercially powerful.
  • AI increases the value of verifiable human talent.

Music has more tools than ever.
What remains scarce is trusted development.

08PROJECT:POSITION

Where PROJECT:ONE fits.

DIY / Distribution

  • DistroKid
  • TuneCore
  • UnitedMasters

Artist Services / Alternatives

  • AWAL
  • gamma.
  • Independent labels
  • Management companies

Focal Point

PROJECT:ONE

  • Talent+
  • Capital+
  • Development+
  • Production+
  • Ownership+
  • Live Readiness+
  • Commercial Strategy

Traditional Label System

  • Major-label capital
  • Global infrastructure
  • Long-term rights participation

We do not try to outperform distributors at distribution.
We build the development layer most players do not own.

09PROJECT:PORTFOLIO

Designed around working Artists, not lottery tickets.

01

Developmental / Limited Traction

Initial capital
$30K
Illustrative Company receipts
~$16.8K
Outcome
Loss
02

Sustainable Working Artist

Initial capital
$50K
Illustrative Company receipts
~$137K
Illustrative gross multiple
~2.7X
03

Breakout Artist

Initial capital
$50K
Illustrative Company receipts
~$214K
Illustrative gross multiple
~4.3X

Illustrative use cases, not guarantees or forecasts.

Some investments will fail.

Sustainable working Artists form the economic core.

Breakout Artists provide asymmetric upside.

10PROJECT:FOUNDER

Founder advantage.

Myles Luttman, Founder of PROJECT:ONE, studio portraitMyles Luttman, Founder of PROJECT:ONE, full length portrait

Myles Luttman / Mylo Bard

  • 20+ years across music, media, creative production, Artist development, business strategy, and leadership.
  • Multi-instrumentalist, singer, songwriter, producer, entrepreneur, and consultant.
  • Founder of Sunday Funday, a live environment designed to develop Artists through revenue-generating performance.
  • Public case study: Pip Lewis, from independent development through produced catalog, label infrastructure, and expanded live performance.
  • Network across Artists, brands, media, operators, and cultural partners.

Founder judgment becomes institutional A&R.

The Company begins with Myles's judgment as a competitive advantage and is specifically designed to convert that judgment into repeatable Company capability.

The current plan builds toward 8-10 strong core team members plus specialist partners, with Founder remaining central to A&R judgment, culture, capital allocation, major relationships, and the highest-value creative decisions. As execution institutionalizes, the Founder maintains approximately 5-8 meaningful high-touch Artist relationships.

11PROJECT:MODEL

30-Month operating model.

Base Case

~$3.25M
Commercial Services revenue
~$1.95M
Commercial Services contribution
~$487K
Artist Partnership Company receipts
~$5.33M
Ending cash
~$2.89M
Protected / undeployed reserves

Commercial Services scenarios

Conservative
~$2.0M revenue / ~$1.10M contribution / 55% margin
Base
~$3.25M revenue / ~$1.95M contribution / 60% margin
Strong
~$4.5M revenue / ~$2.93M contribution / 65% margin

The Base Case assumes acceleration capital generates no incremental Artist receipts during the first 30 months.

  • 8-10 strong core team members plus specialist partners
  • 15-20 active Artist relationships across funded and Commercial Services pathways
  • 6-10 Company-Funded Artist Partnerships

Planning targets for the initial capitalization period, not guarantees.

12PROJECT:CAPITAL
45%

Of new capital reserved directly for Artist investment + acceleration.

  • 25.0%$2.00MArtist Investment Capital
  • 20.0%$1.60MArtist Acceleration Reserve
  • 23.125%$1.85MCore Team + Operations
  • 5.625%$450KFounder Compensation
  • 10.0%$800KMarketing + Artist/Client Acquisition
  • 3.75%$300KCommercial Revenue Infrastructure
  • 3.75%$300KLegal, Rights, Finance + Technology
  • 8.75%$700KWorking Capital + Contingency
100%$8.00MTotal Series Seed proceeds. Founder Compensation is an explicit Company expense and is never recovered through Artist recoupment.

Build the platform.

Prove the portfolio.

Generate commercial revenue.

Preserve capital to accelerate the winners.

13PROJECT:ASK

The investment.

$8.0M
Series Seed
$24.0M
Pre-Money Valuation
$32.0M
Post-Money Valuation
25%
New Investor Ownership

Proposed working terms

  • 1X non-participating liquidation preference
  • Customary pro-rata rights
  • 3-person Board: 2 Common / Founder-appointed, 1 Preferred investor seat
  • Information rights
  • Customary protective provisions focused on extraordinary matters
  • Broad-based weighted-average anti-dilution
  • No cumulative dividends
  • No mandatory redemption
  • No investor-level perpetual revenue share

Founder / management retains routine operating, creative, A&R and approved-budget authority. Existing ownership remains approximately 75% before separately negotiated future pool mechanics.

Investors own equity in PROJECT:ONE.
Artists continue to own their identities and underlying IP.

14PROJECT:TRUST

Artist-friendly does not mean financially undisciplined.

  • 01Capital follows evidence.
  • 02Artist rights are documented.
  • 03Artist accounting is transparent.
  • 04Live procurement uses appropriate licensed partners where required.
  • 05AI use is disclosed.
  • 06Voice and likeness require explicit consent.
  • 07Related-party transactions are controlled.
  • 08Investor oversight is defined.
  • 09Professional safety is formalized.

Human-first does not mean governance-light.

Investor oversight is defined and extraordinary matters are protected. Day-to-day creative and A&R control remains with Founder and management.

Working Board of three: 2 Common / Founder-appointed seats and 1 Preferred investor seat.

Definitive financing, charter, and voting documents govern in all cases.