The COLORS Worldwide dba R&B ONLY offering is now closed and is no longer accepting investments.

COLORS Worldwide dba R&B ONLY

Amplifying the R&B genre.

COLORS Worldwide dba R&B ONLY

Amplifying the R&B genre.

Los Angeles, CA
Music
Events
R&B ONLY produces live and digital events, media, albums, merchandise and is creating an online platform aimed at growing and feeding the R&B music community and its fans.

$263,206

raised
547
Investors
$25M
Valuation
$2.50
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$263,206

raised
547
Investors
$25M
Valuation
$2.50
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on October 22, 2021 and is no longer accepting investments.

Reasons to Invest

R&B ONLY has produced over 150 shows in 40+ cities, independently produced its own music festival and held shows in some of the most legendary concert venues around the world.
R&B ONLY has made over $6.8 million in revenue in the last 5 years and made over $1 million in 2020, despite major COVID setbacks.
R&B ONLY has been featured by major press outlets such as Billboard, Hypebeast, and Black Enterprise, and has hosted guest performers such as Kiana Ledé, Keyshia Cole, Ashanti, Omarion, Queen Naija, Jacquees, Tank, BJ The Chicago Kid, Mario, and more.

overview


We are a genre amplification platform and entertainment vehicle


Our live show is an unforgettable experience that happens in over 40 cities across North America and the UK. We are a community of R&B lovers who are primarily Black and Latina women, on a mission to amplify the entire genre of R&B. Our live events have grown from 3 cities to 40+ cities in the past 4 years and we're expanding into other verticals such as media, albums, and merchandise.


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the problem


R&B is underappreciated and often thought to be a thing of the past 


Despite its continued popularity, many people today believe R&B to be “outdated”, equating the genre only to the 90’s “golden era.” Other genres have developed vibrant ecosystems that allow fans and artists to connect through music festivals, engage with dedicated press outlets, and participate in a marketplace around the culture. For example, brands within hip-hop, such as Rolling Loud (music festival), No Jumper (press outlet), and YEEZY (merchandise) have become a part of the genre’s multibillion dollar ecosystem.


the solution


A thriving community centered around a love for R&B


We are advancing the R&B landscape to develop a thriving ecosystem for fans, artists, and the industry at large, by expanding our offerings from solely live events to media, albums, merchandise, and an educational/community platform for R&B creators. This expansion will take place concurrently with the growth of our live events business.


the market


R&B was one of the most popular genres in the US in 2020 and participated in claiming over 30% of all audio and video streams

R&B and hip-hop are the most consumed genres of music, and our total addressable market includes anyone and everyone interested in R&B globally. Seventy-four percent of the top 50 streamed artists in 2020 was R&B and hip-hop artists.


In 2017, live music, publishing and recorded songs made $26 billion, $6 billion and $30 billion respectively, according to Goldman Sachs. These categories are estimated to reach $38 billion for live music, $12.5 billion for publishing, and $80 billion for recorded songs by 2030.


OUR TRACTION


Shows worldwide, in legendary venues, with some of the most popular R&B artists past and present



Before our live show product, a global touring celebration of R&B music at this scale didn’t exist. Since 2016, we’ve produced over 150 shows in 40+ cities and have sold over 250,000 tickets. We also independently produced our own music festival and our shows have been held in some of the most legendary concert venues in the US and internationally, with guest performances from some of R&B’s biggest stars (Kiana Ledé, Keyshia Cole, Ashanti, Omarion, Queen Naija, Jacquees, Mya, and Mario).


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In five years, we have made over $6.8 million in revenue. Despite major setbacks due to COVID-19, we were able to generate over $1 million in revenue throughout 2020. We were also one of the few event producers able to host multiple live experiences ranging from drive-in shows, to socially distant events, and virtual live streams.


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R&B ONLY has been featured by major press outlets such as BillboardHypebeast, and Black Enterprise, to name a few.

OUR VISION


Bringing fans together with a vibrant R&B ecosystem and community


LIVE EVENTS

We produce live events (in person and digitally) worldwide that celebrate R&B music and give fans the opportunity to connect with one another while experiencing the music they love.

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We aim to expand the R&B landscape, through our live events, as well as creating media, albums, merchandise and an educational platform for R&B creators. In-person events will increase in quality and size (when COVID-19 regulations lift) and digital events will be introduced.


*All expansion plans are goals, actual results not guaranteed, management may redirect operations based on the best interest of the company.



the business model


Revenue from ticket sales and merchandise


Current revenue streams include ticket sales, which range in price from $12-$300 depending on the type of show, and merchandise sales, which range from $25-$40.


Future revenue streams will also include intellectual property licensing, paid subscriptions, and advertising sales.

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why invest


R&B music is making a resurgence as one of the most popular music genres, and we are well-equipped to reach and unite its fans worldwide


Have a financial stake in the resurgence of R&B music! We’re offering investors the opportunity to be a part of an entertainment company whose focus is on expansion, culture, data, and analytics. With $6.8 million in revenue under our belt and several years of experience producing live shows across the world, with some of R&B’s biggest stars, R&B ONLY is well-positioned for growth. And, once our goals have been achieved, imagine what we can accomplish in other underserved genres!




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In the Press

Billboard

How 'R&B ONLY' Events Bring the Culture to a 'Whole Other Space'

Hypebeast

Jabari Johnson is Building a Community by Creating Unique R&B Experiences

Black Enterprise

Millenial Entrepreneur Turns Down $1 Million Deal; His Advice On Growing Your Business

Offering Summary


Company

:

COLORS Worldwide Inc.

Corporate Address

:

5757 W Century Blvd Suite 816, Los Angeles, CA 90045

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Equity

Security Name

:

Class B Common Stock

Minimum Number of Shares Offered

:

4,000

Maximum Number of Shares Offered

:

428,000

Price per Share

:

$2.50

Pre-Money Valuation

:

$25,000,000.00











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

$500+

Early access to new digital shows before they premiere to the public

$1,000+

Instagram post shoutout (list of all investors of $1000 and above) + above rewards

$2,500+

Special edition R&B ONLY swag pack (hat, water bottle, socks, notebook, and mug) + above rewards

$5,000+

Discounted tickets (15% off) for any R&B ONLY in-person show for 3 years + above rewards

$20,000+

Free tickets for 2 people to any R&B ONLY in-person show for 3 years + above rewards

*All perks occur when the offering is completed.

The 10% StartEngine Owners’ Bonus

Colors Worldwide, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Common Stock at $2.50/ share, you will receive and own 110 shares for $250. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$76,958.00 USD
$93,998.00 USD
Cash And Cash Equivalents
$4,525.00 USD
$8,441.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$596,121.00 USD
$650,121.00 USD
Long Term Debt
$702,680.00 USD
$575,080.00 USD
Revenues And Sales
$1,120,713.00 USD
$2,234,745.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$402.00 USD
$9,328.00 USD
Net Income
-$52,624.00 USD
-$736,400.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Just Launched Our Latest YouTube Series!

21 days ago

We are so excited to continue amplifying R&B music through our digital content. 

We just launched our latest YouTube series, "Singing In The Shower", where new and noteworthy R&B artists step into our "shower" studio and sing like nobody's watching. 

Watch our first episode featuring Reggie Becton below. You can view more R&B ONLY content on our YouTube channel at https://www.youtube.com/rnbonly.



Offer Closing on 10/21/21

about 2 months ago

We are so grateful for all of those who have joined us in this journey to amplify R&B. If you have not become a co-owner of COLORS Worldwide dba R&B ONLY yet, you have until October 21st to join us! Please continue to share the campaign link with your peers and once again, thank you for all of the support thus far.

https://www.startengine.com/rnbonly

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, COLORS Worldwide dba R&B ONLY has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in COLORS Worldwide dba R&B ONLY be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

R&B ONLY LIVE's Largest Show of 2021 in Atlanta, GA

3 months ago

R&B ONLY LIVE has been touring around North America and we recently had our biggest show of 2021 in Atlanta, GA. We are so glad that we have been able to travel to different cities amplifying R&B through our live shows. Check out some photos from the event below.


4 R&B ONLY LIVE Shows In One Weekend!

3 months ago

We just came back from a long weekend of R&B ONLY LIVE shows! Our team performed in Cincinnati, OH, Cleveland, OH, Houston, TX, and Dallas, TX! Check out some photos from this weekend below.


We are so excited that live shows are back and can't wait to continue on the R&B ONLY LIVE "We Back" tour. Our next stop is Atlanta, GA!


Thank you to everyone who has joined us on this journey so far. Please continue to share the investment link with your friends and family! startengine.com/rnbonly 


New Media Content From R&B ONLY!

4 months ago

We are so excited to expand our company into the digital media space and continue to amplify R&B through events, media, music, and much more! We recently began adding more content to our YouTube channel and IGTV. 


You can view our new content below! 

YouTube: https://www.youtube.com/rnbonly

Instagram: https://www.instagram.com/rnbonly/


We are so grateful for those who have invested so far and we encourage you to continue sharing the link with family and friends! Thank you to those who have joined us on this journey of amplifying R&B!


https://www.startengine.com/rnbonly

Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, COLORS Worldwide dba R&B ONLY has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in COLORS Worldwide dba R&B ONLY be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

R&B ONLY LIVE "We Back" Tour Dates Released - Tickets On Sale

6 months ago

We just announced the R&B ONLY LIVE "We Back" Tour and tickets are officially on sale now! 

We are so excited to finally be back with live shows all around North America. After a long break, our team and fans are ready to get back into venues and celebrate R&B music together. You can view our upcoming dates below.

Tickets are available here: rnbonly.com/calendar


We are extremely grateful for everyone that has invested in R&B ONLY/COLORS Worldwide and decided to be a part of this journey so far! Please continue to share our campaign with friends and family! startengine.com/rnbonly




R&B ONLY LIVE Show In San Antonio and Houston!

6 months ago

We had two amazing R&B ONLY LIVE shows in San Antonio, TX and Houston, TX this past weekend. Check out some photos from the event below and a list of more upcoming shows here! http://rnbonly.com/calendar/

We appreciate everyone who has invested so far and can't wait for more people to join us. Please continue to share the campaign link with your family, friends, and colleagues! startengine.com/rnbonly.

R&B ONLY LIVE shows are back!

6 months ago

We are so excited to share photos from one of our first live shows in 2021! Check out the full gallery of photos here: https://www.facebook.com/colorsworldwideinc/photos/

R&B ONLY LIVE hit Dallas, TX over the weekend and the turnout was amazing. We are continuing our tour by hitting San Antonio and Houston next. Check out a list of our upcoming shows here: http://rnbonly.com/calendar/

What the R&B ONLY Team Misses About Live Shows

7 months ago

Listen to the R&B ONLY team share what they miss most about producing the R&B ONLY LIVE show. Live shows are finally coming back and we can’t wait to continue celebrating R&B music in person with our fans!


Please continue to share our campaign link with friends and family! We are so grateful for everyone that has been a part of this journey so far!


startengine.com/rnbonly



Notice of Funds Disbursement

7 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, COLORS Worldwide dba R&B ONLY has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in COLORS Worldwide dba R&B ONLY be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

What the R&B ONLY Team Misses About Live Shows

7 months ago

Listen to the R&B ONLY team share what they miss most about producing the R&B ONLY LIVE show. Live shows are finally coming back and we can’t wait to continue celebrating R&B music in person with our fans!


Please continue to share our campaign link with friends and family! We are so grateful for everyone that has been a part of this journey so far!

startengine.com/rnbonly




Huge milestone! $250K+ Raised!

7 months ago
Another huge milestone for us today! Over $250K raised with over 400 co-owners of R&B ONLY/COLORS Worldwide. We are so grateful for everyone that has joined us so far! We would love for you to be a part of this journey if you haven't joined already!

Please continue to share the campaign link with friends and family. Next goal is $300K! 

startengine.com/rnbonly



Notice of Material Change in Offering

7 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the COLORS Worldwide dba R&B ONLY offering. Here's an excerpt describing the specifics of the change:


Colors Worldwide, Inc. is extending their campaign by 90 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

100K Followers on Instagram

7 months ago

We hit 100K followers on Instagram this week! We are so thankful for everybody that has been with us since day one! We are excited to continue the journey of amplifying R&B music with all of our fans. 

If you haven't already followed us on Instagram, you can do so here: https://www.instagram.com/rnbonly/

Also, please continue to share our campaign link with friends and family! https://www.startengine.com/rnbonly



Over $200K Invested!

8 months ago

Wow! We are so grateful for the 300+ investors that have joined us on this journey!

We just hit over $200K invested in R&B ONLY! We would like to give a huge thank you to all of our supporters. Please continue to share the campaign link with your friends and family and let's get to $250K next!

https://www.startengine.com/rnbonly





Notice of Funds Disbursement

8 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, COLORS Worldwide dba R&B ONLY has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in COLORS Worldwide dba R&B ONLY be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

JUST ANNOUNCED - R&B ONLY LIVE shows are coming back!

8 months ago

We have just released tickets to our first R&B ONLY LIVE tour of 2021. Click on the links below to see our upcoming shows in Dallas, San Antonio, and Houston, TX. 

We are very excited to bring our offerings back into the live space and are so grateful for all of our fans and supporters thus far!

https://dallas.rnbonly.com/

https://sanantonio.rnbonly.com/

https://houston.rnbonly.com/


Also, thank you to everyone who has supported our campaign! Please continue to share the campaign link. $200K next!

https://www.startengine.com/rnbonly



New product alert! 🚨Email newsletter for our fans who want to hear new R&B music!

8 months ago

We just released our latest product: NEW NEW.

NEW NEW is a private email newsletter that highlights new R&B songs and albums released weekly. Our mission is to provide our fans with the latest R&B music while exposing new R&B artists to a wider audience. 

Subscribe now: newnew.rnbonly.com


Our Founder On The Earn Your Leisure Podcast - How R&B Is An Underserved Genre

8 months ago

Listen to our founder, Jabari, talk about how R&B is an underserved genre on the Earn Your Leisure podcast. You can watch to the full episode here:  https://youtu.be/WI7EuwlxcPQ


Thank you to everyone who has supported us so far! We would love for you to share the campaign link!

https://www.startengine.com/rnbonly




Notice of Funds Disbursement

9 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, COLORS Worldwide dba R&B ONLY has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in COLORS Worldwide dba R&B ONLY be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

An R&B star shares his thoughts about R&B ONLY!

9 months ago

Listen to R&B artist, Tank, share his positive thoughts about R&B ONLY. We are so grateful to have Tank as a supporter of our company. 

Big thanks to all of our supporters. Share the campaign link and let's get to $150K next!

https://www.startengine.com/rnbonly



Video update from our CEO

9 months ago

Video Update from our CEO, Jabari

Thank you and hello to all of our campaign followers and investors! We've surpassed 85K in just a few days! Let's get to six figures next by sharing the campaign with as many friends as possible.

Show More Updates End of Updates

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