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Invest In Your Favorite Rock Band With Bandstocks

by Peter Mychalcewycz on August 28, 2008 at 07:54 AM

guitarista

Everyone has a favorite band. What if you could actually support that band. We know, you support them by paying hard-earned money to buy their music and to see them when they're on tour. But what if you could literally help them make their next album. Intrigued?

We thought so.

A new Web site backed by the executives responsible for acts like Kaiser Chiefs and Primal Scream will allow fans to invest in their favorite acts. Bandstocks.com allows the public to purchase stakes in artists in increments of 10 British pounds (about $18). When money invested reaches a certain level, that money is released for the band to to record a new album.

Those who choose to invest in a band will receive the following:
  • Credit on the CD sleeve
  • Percentage of the profits from its sale and licensing
  • Priority ticket booking
  • Opportunity to buy limited edition releases
This could be the future of music. It could also be the graveyard of bank accounts for the musically obsessed. Either way, it rocks! [From: TheGuardian]

Tags: btsnews, music, web

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