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| From | "Michael Curry" <mikecurry@hotmail.co.uk> |
| Subject | Re: IKE and financing new recordings |
| Date | Sat, 19 May 2007 19:17:03 +0100 |
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In my (admittedly very limited) experience, the ROI is the fact that new
music exists from one of your favourite artists. The fact that you were that
little bit more involved gives you a feeling of having contributed to
something you and hopefully many others will enjoy.
I speak specifically from the point of view of someone who wishes they had
even the tiniest bit of music writing ability, and this is probably as close
as you could get to taking part.
Mike.
>From: "Holmes Online" <bholmes_fm@msn.com>
>Reply-To: audities@smoe.org
>To: <president@bullseyecanada.com>, <audities@smoe.org>
>Subject: Re: IKE and financing new recordings
>Date: Sat, 19 May 2007 14:00:28 -0400
>
>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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