Cloud-based platform Splice is responsible for some of the most innovative tools for music producers in recent years. Following their groundbreaking sample pack store, Splice Sounds, the company has announced its latest concept: rent-to-own pricing plans for plugins.
Splice has teamed up with Steve Duda’s Xfer Records for the first iteration of the service, offering rent-to-own access to Xfer’s popular wavetable synthesizer, Serum. The model works by providing full access to the plugin on a monthly payment-plan basis. As opposed to similar subscription-based services, every payment made on Splice’s rent-to-own plan goes toward earning an actual license of the product.