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slicethepie

Fan-funded music

Making a professional-sounding recording can be expensive, particularly for ensembles (like rock bands) who want to capture at least some semblance of a live performance.

Sure, you can get an decent recording with a portable stereo recorder, or a couple of inexpensive mics panned left and right and plugged directly into the mixer, but most artists want their music to sound as good as it possibly can--as good as any other artist played on the radio. That takes an array of microphones and other audio gear and somebody who knows what they're doing. In other words, money.

In the … Read more

Trade shares in rock bands? It worked for Bowie

A lot of people have talked about selling stock in bands as a means to help finance promising musicians. In Great Britain, a company called Slicethepie.com is enabling fans to trade shares of music acts the way they would a publicly traded company.

The Web start-up has financed 13 bands and generated the equivalent of nearly $80,000 for its 40,000 "scouts," according to a story from Reuters. The company enables members to test their skills at evaluating talent and in this way they become mini music moguls.

"We effectively turn every music fan into … Read more