Monday, March 13, 2017

CROWD SCAMMING

I'm sorry, but Pledge Music and other crowd funding sites used to be about bands that needed money to fund the recording of their music a way to connect with their fans to accomplish it.



Long time readers may remember my post some years back speaking to Marillion's early use of the model, their first crowd funded event having been organized by their fans.

Marillion are a prime example of the need for the crowd funding model-they may have called it quits two decades ago had it not been for a fan base that is willing to prepay for music almost a year in advance.

Many bands do not have record labels supporting them, and do not have the funds to pay for their studio time (let alone pay their rent while writing and recording).

But when your band is a household name selling out stadiums at $300 bucks a head....for example THESE GUYS:


Well sadly, it means that Pledge Music is no longer about the music it's about the


Do we really need to give these greedy pricks an interest-free loan?


4 comments:

  1. They certainly don't need any more fan money.

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    1. Alex-nothing against U2, but I'm pretty sure they might have enough money left over from their last tour to fund this release.

      This release being an anniversary reissue of The Joshua Tree, and they ought to have enough money left over from that record to fund their grandchildren's albums!

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  2. You're... you're not joking. You're really not joking. I had to click the link to see it for myself. Wow.

    We said the same thing about Kickstarter once upon a time ago. It used to be a great place for Indie artists to fund their projects. And then, remember when Zach Braff went on Kickstarter to fund his movie that was starring A-list celebrities? And he made millions in "donations"?

    I'm going to go bash my head against a wall now.

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    Replies
    1. I really wish that the crowd funding sites would have rules about who can use them...but they probably get a big payout on the big names.

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