Fan Funded

No band or artist can survive for long making music without fans. It’s kind of a given. However, some bands are finding a new way to incorporate their fans into the recording process. Beyond studio diaries or exclusive studio videos, some independent artists are taking matters into their own hands: asking their fans to help fund their records.

It makes perfect sense. Who wants a band to put out a new album more than the fans? Nobody. Fans can “donate” money in exchange for prizes, which can include anything from a digital or physical copy of the CD, a thank you in the liner notes, or even a chance for the artist to play your living room.

Although joke-metal band Psychostick and pop singer/songwriter Jill Sobule (“Supermodel” from the Clueless soundtrack) raised funds via their own specially set up websites, Bandstocks.com offers artists, such as Patrick Wolf, the chance to, well, basically do the same thing..

The site is set up on a three-tier system. In the first stage fans can vote for bands they would like to have the opportunity to donate money towards. Fans (or “investors”) then donate money to bands or artists, like Wolf, who make it to round two. Then, once the needed amount is raised, albums get put into production and, in addition to getting a copy of the album and other perks, investors can even make a little bit of extra cash if the album does well.

The coolest thing about this new trend is that artists with a loyal fan base don’t have to wait for record labels to take interest anymore. Instead of depending on the labels to put up money for the album upfront, bands and artists can take their needs to the fans. Labels are very quickly becoming a thing of the past, and this is just one more option for struggling musicians to get their music heard.

Music for Money

[Originally posted July 14, 2008]

Ever wanted to hear your name on record? In a comedic/metal track no less? Well, now is your chance.

Now, I don’t know who the band Psychostick is (apparently they do a song about beer?), but they raise an interesting issue. According to a press release, the band plans to help fund their recording time by soliciting donations from fans in the amount of $50 and, in return, will mention the fans by name in a song, working titled “400 Thank Yous,” to appear on said album.

This video can explain it a little better than I can:



So for anyone hankerin’ to get their name on disc, Psychostick are accepting donations through September 30. Businesses can also get in on the action for $250, and their website is keeping track of all the action.

While name dropping everything from Courvoisier to cars in popular tunes is anything but new, Psychostick is the first underground act that I’ve heard of to do so. Granted the money will be used simply for recording expenses (which, I doubt was Kanye West’s motivation), it follows this unsettling industry trend.

Music is commerce, sure, but it’s also an art form. Although I can completely understand why Psychostick has made this decision—despite popular opinion, most of the bands I’ve spoken with <i>are<i> incredibly poor—I can’t say I’m always in favor of it. Psychostick at least scores some points for being upfront about their dealings, and asking for their fans to take part. Artists namedrop for a reason, and it’s a big fat dollar-sign. Anyone who thinks otherwise is simply naive.