Holy Business Models Batman

August 28, 2006

These guys deserve a big push for what they’ve set up – this is one of the new music business models that just might work! Take a look!

At SellaBand you browse artist’s demo songs and if you really, really like one you can buy a ‘share’ in the production of an album. Once they’ve raised $50k (presumably in USD) then the album gets profesionally produced, and you get a limited edition CD. After that, the music is available free to download.

That’s the gist of it – I may have some details wrong but the idea is right. The idea is right. Really.