Friday, February 18, 2005

Music: Money

So yeah. I'm sitting here in the living room listening to snowdrift after Team November's set and thinking about music. (blogging from shows seems to be a good way to go for me).

I think demonstrating to artist that we're committed to getting them money will help get people signed up. I'm almost thinking that would be a good place to spent startup money. Basically approach a number of groups and give them a guarantee on revenue. Sort of a profit sharing plus guarantee package. This would be targeted at the early adopters... kind of a bonus for signing up early. And we would only approach bands we thought had a chance of becoming popular and raising the esteem of the system.

Maybe carrying it beyond the early adopters is a good plan as well, as an incentive to sign up bigger acts into the system.

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