Today SellaBand launch a new music biz model that will open up Fan Funding to the entire music industry. A major artist, considered one of the most influential artists by many in the industry is joining SellaBand shortly and will use the model to fund their next album project.
They are one of the many established artists, managers and labels who are realizing thst Fan Funding is an essential piece in the jigsaw that the modern industry is becoming.
The new biz model includes:
- Artists have flexibility and can raise any amount
- Can set own incentives
- Revenue Share is optional
- Sellaband DO NOT take any rights in the project – not for recording or publishing
- SellaBand charge fixed fee of amount raised – 10% fir use of all functionality, fullfilment of incentives and experts
It’s time for change . . . .watch this space . . . more importantly if you think this model will work for you and your music get over to SellaBand.
