68.1 F
New York
Thursday, May 30, 2024
HomeArchiveIs the DIY Fan-Funded Model Sustainable?

Is the DIY Fan-Funded Model Sustainable?


Related stories

Homeless Hell: The Camp That Could Kill Rock History

Sunset Studio, one of the few remaining recording studios in Hollywood after many closed due to high costs and new technologies, faces a danger worse than a single wild rock star. Sunset Sound’s three studios have produced more than 300 gold records but they could be ruined by a filthy homeless camp next to the building. Garbage is stacked high, needles and pipes are scattered on the ground and homeless people use the street as a toilet.

TikTok vs Universal Music and The Music Businesses Coming of Age

Well, it’s definitely been an interesting few weeks, looking across the ballfield of TikTok vs Universal Music. What is heartening to see is that major labels such as Universal Music seem to have finally learned from previous mistakes made initially in the 1980s. 

Unleashing Chaos: How To Get Free Music- And Why The Music Industry Can’t Stop It

The same platform that brought you cat videos and cringe-worthy influencers is now the go-to place for snagging every song imaginable. Thanks to some clever websites, you can rip the audio from any YouTube video, download it as an MP3 or .wav file, and sail the seas of free music. No subscriptions, no ads, no hassle.

February Round-up: Four music events to attend

Winter holidays have passed quickly, and there are the...

Pitchfork Effect

Last week, media company Condé Nast revealed its plan...

With the recent collapse of first to market fan-funded model sellaband.com questions around the actual viability of such models need to be examined. TMV has always been a staunch supporter of fan-funded models and will hopefully continue to support them. So does the announced bankruptcy of Sellaband herald a new wave of fan-funded models going-under? TMV certainly do not think so. However we do believe that it does necessitate an honest assessment of whether focusing just purely on music is enough to sustain such models over the long-term. 

Second fan-funded model to market Slicethepie announced a few months back that one of its artists managed to successfully make a 386% return on investment for the artist and their investors. Yet was that the only key success to come from slicethepie? Nobody has heard much from Bandstocks. Perhaps the fact their has been no United States based fan-funded start-up does signal that particular markets view that such models are a non-starter?

However, TMV did recently come across a quite dynamic US focused fan-funded model called kickstarter.com. The key differentiator from all the purely music focused fan-models is that Kickstarter allows you to “source the crowd” for investment in any arts or arts business related venture across the music, film, art and literature sectors.



- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories



Please enter your comment!
Please enter your name here