Quote:
Originally Posted by Bam You Have AIDS
I saw someone recently propose a new business model for the music industry wherein people who pre-order an album are treated as investors, and depending on the success of the sales, receive a return on it much like a stock market.
I've paraphrased it terribly, but I thought it was an interesting model.
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Sounds similar to the Kickstarter movement with 'indie' video game development. People can pre-order / invest within various tiers and get substantially greater rewards based on the initial cash investment.
With a band I can see it being split like $5 gets you a digital copy of the album when it's done, $10 gets you a physical + digital, $20 gets you both + a t-shirt etc.
Of course those rewards only get paid out once the product is complete and there's absolutely no guarantee of satisfaction. I can't really see the album format moving to pay cash dividends like investing in the stock market though.