The term crowd funding label is used by sonicangel to describe its service. It is a mixture of netlabel and crowd funding for music projects and musicians. The members of the site may support their favorites by various activities and especially by buying fanshares. By doing so fans may be invited to tours, get new releases for free and in the case of fanshares may even get a share of the revenues generated by a release. The part of a label is represented by a record contract given to the most succesful musician or musicians. For more visit sonicangel.
TRAEXS Directory Links: Music Business – Music Promotion