Launching Your Music Career On eBay
from the how-much-for-the-singer-in-the-window? dept
One of the potential business models for the music industry that people have discussed is something of a patronage model, where musicians don't actually release music until they've found supporters willing to pay for the costs. It appears that one aspiring musician in India made a slight, internet-age, modification on this plan. Recognizing the power of selling something on eBay as a PR tactic to get more attention, he sold the rights to a fraction of his lifetime royalties on eBay. Apparently, he found enough people to take a chance and finance his album. Of course, as he notes, the problem with doing things this way is that he doesn't have the promotional force of a record label behind him to push the album in order to try to increase the royalties that these patrons would get.
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Argument for perpetual copyrights?
Of course, one could extend this model to other situations where people need funding to get started. Perhaps eventually we'll see college students selling shares in their future incomes?
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Hey, Great News !
http://google.blognewschannel.com/index.php/archives/2005/07/21/how-to-launch-your-music-career -through-ebay/
amongst many others. I just thought it'd be nice to mention it at least once, but I steal a lot of content. :) Thanks !
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