Reblogged from Indie Music Tech

SellaBand vs. Kickstarter: Fan Driven Fundraising for Artists
I’ve been a huge fan of SellaBand for the past couple of years, but I’ve never tried to get any of the bands I work with to use their service because none of them can raise the required $50K to produce a record. While I’ve always thought that was too much
considering recording, editing, and mastering have all come down
significantly during the last decade, I’m still a big fan of their
concept anyway.

However, there’s a relatively new service I’ve been meaning to write
about called, Kickstarter which also provides a way for bands to raise money from their fans but with a few advantages: 1) there is
no minimum amount an artist must raise, so the artist can
determine how much; 2) artists can upload video pitches about their
project and needs (see below) and 3) artists can express their
appreciation by providing gifts for different levels of donations, and
some have been highly creative like Five Times August’s camping
trip for $5K – reminds me of some of the examples Michael Masnick
has presented.

Related Studio Manifesto Posts:
MyBandStock: Crowdfunding For Musicians

Technorati Tags: band, fundraising, Kickstarter, music, SellaBand

This entry was posted on Monday, August 17th, 2009 at 8:55 am and is filed under Music Business, Music Promotion. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.