This is awesome, truly awesome.
Are you sick of all those reality “idol” shows? If you are, then this could be the thing for you.
This is the scenario. Say you really enjoy the performance of some musicians and believe he/she/them are going to be the “next big thing”. So how are you going to support them? Merely buying a few of their CDs won’t help much. Would like to help them distribute their music but don’t have the reach of the big boy companies?
No problem! Just invest in increments of USD10. If the musician is truly good, then there should be many like minded folks like you who invest in them. Once the figure reaches USD50k, they’ll get access to recording studio, professional production, song-writing and marketing expertise.
Sounds good? If you wonder what’s in it for you, well if you invested USD10 in U2 back when they were first starting out, can you imagine how much would that be worth today?
More specifically, you (the investor) will be getting a free copy of the CD, a cut of the CD sales and a share in the advertising revenue generated for the site, www.sellaband.com. Sellaband keeps 40 percent of any music publishing revenue, but none of the recording proceeds.
Interesting? You can also treat it as a form of investment!
Now why didn’t I think of this great idea?