SellaBand

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Background:

NewAssignment.Net writer Keith Axline explains SellaBand this way: "Musicians are another in what seems like a growing list of groups to take advantage of the concepts behind the open source movement. SellaBand basically gives you a MySpace type page to exhibit your mp3s, but instead of friends, you get ‘believers.’ These disciples of your rock scripture invest in your music at $10 increments until you’ve raised $50,000. Then, the magic happens at the studio, your faithful get a copy of your album, and the songs are posted online for free. For every download, you and your financiers, the original ‘believers,’ share in ad revenue. SellaBand puts powerful marketing and production tools into the hands of those with a personal interest in the music."