Crowd Funding of Music Projects

rocketfuel is a new service to support musicians to finance their music projects. It is one of the latest crowd funding services enabling fans to support their favorite musicians.

To do so fans have the options to either get a reward or merchandising stuff or just to make a donation. Fans of course stay informed about the proceedings of a project and may support it monthly as well. What is nice is that 100% of the money given by fans goes to the musicians: rocketfuel.

TRAEXS Directory Links: Music Business

Song Reviews by the Crowd

The crowd matters. Just the former post reported about a new breed of crowd funding to finance concerts. This is followed by crowd sourcing to get reviews for music pieces.

The both services Audiokite and SoundOut are providing services to get ratings of songs and music tracks. The music pieces are introduced to a larger audience to give feedback to musicians. The background are real market research methods, which lead to valid reports. Even radio shows are used to get the feedback. Both services have a comprehensive service offer, which is described at the homepages of Audiokite and SoundOut.

TRAEXS Directory Links: Music BusinessMusic Promotion

Music Business News

Did you know, music companies make more money online by licensed music than with official music versions. Licensed music in this case means mashups, lip-syncs and fan videos at YouTube and the like. At all the online music business gains steam with digital revenues increased from US$ 4 billion in 2008 to US$ 5.9 billion in 2013. Currently the growth primarily is driven by subscription services: Music Labels make more Money from Mashups than Official Videos.

Such kind of news mostly leads to new services supporting or using such a trend. In the context to the news above OpenAura and Audiam have to be mentioned. OpenAura enables musicians to claim material often being shared online, which is worth even to old press releases and photos. Audiam does this regarding YouTube videos and enables to monetize each view of any kind of video using music of an artist.

Last but not least some information about the price index of subscription services. The following article includes a list of subscription services and the money these services give to artists per stream: New Music Streaming Price Index compares per Stream Pay Rates.

TRAEXS Directory Links: Music Business

Crowd Funding of Music Projects

ArtistShare has been founded already in 2003 and by this it is probably one of the oldest platforms on fan funding around. The platform enables artist in general and especially musicians to gather money for projects. There are even stars like Ute Lemper represented looking to finance their projects. And by ArtistShare even some Grammy nominees and winners have gathered money according to the About page. The principle is simple, fans may support their favorites by small money and do get something special like prereleases. To get further information about the projects and how to participate either as a fan or creative visit the homepage of ArtistShare.

TRAEXS Directory Links: Music Business

Selling Music Online for Free

If you like to sell your music online at the big music portals, you probably know about the typical services enabling this by getting a fee. Now Music Kickup launched its service, enabling to sell on iTunes, Spotify, Deezer and Google Play for free and which is announced to be the first service worldwide doing so.

These features already have been announced at the beginning of the year and the launch to happen during the Midem music fair. Now it happened and the service is online. Music Kickup itself is describing its services by using a „groundbreaking technology“ and adds that in most cases the music is on iTunes in just a couple of minutes. „groundbreaking technology“ even lets expect more and this is what Music Kickup aims to be. According to an article by Hypebot the makers of the service have ongoing ambitions by aiming to change the way musicians are working and cooperate. An amazing announcement with a groundbreaking feature at the beginning: Music Kickup.

TRAEXS Directory Links: Music Business