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ivan@stellysee.de
| From | "Holmes Online" <bholmes_fm@msn.com> |
| Subject | Re: IKE and financing new recordings |
| Date | Sat, 19 May 2007 14:00:28 -0400 |
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From: "Jaimie Vernon" <bullseyecanada@hotmail.com>
> Fair enough. But if the band wants total autonomous control then they need
> a better business model than asking for gifts to finance their recordings.
> The act of going outside for financing means they've already lost some of
> that control. You can't have it both ways.
I still don't understand why you think this way based upon the way the
request is being handled.
If 100 people write them $50 checks and they generate $5000 to record and
release a home studio album, where have they lost control? I agree that it's
a precarious business model, because you are depending on charity, and they
certainly have no guarantees of generating sufficient capital. I'm sure
there's also a Plan B and Plan C (or at least I hope there is) which would
include day jobs and generous relatives, or winning a Chili's jingle
contest.
On the other hand, if the band specifically seeks *investors* who are
expecting EP credit and ROI, I agree with you. But I would imagine the
target of their efforts would be smaller and have a much higher asking price
than $50. And if I were approached for significant dollars my expectations
would be different (in reality I'd have to shrug and say I'm a working class
stiff who couldn't afford to do it even if there were a reasonable chance of
making double my money back. I'd have to approach it like a volatile stock
offer)
b
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