Is fan-funded music dead?
- Category: Artists
- Published on Monday, 22 August 2011 15:22
- Written by Mario
- Hits: 434
Additional Info
SellaBand filed for bankruptcy in February this year, ForMyBand, a German competitor, is in liquidation since 1st January. Is this the end of the fan funding hype? Wired named a few reasons why it went wrong for SellaBand: the reliance on CD and album, the lack of promoting and marketing the music, no efectiveness in album production and the lack of quality management. These are all things Believers more than often reminded in SellaBand forum long time ago. But why didn't management listen to the community? Why are fans degraded to payers? Why don't these platforms involve fans from minute one, as stated in many of their advertising slogans? Of course it's quite difficult to get unknown artists in the charts and people to buy their music.
