ARTISTSHARE.com
ArtistShare is a business model for musicians which allows them to fund their projects outside of the traditional recording industry model. It utilizes a “fan-funding” model to allow the general public to directly finance, watch the creative process of the recording, and in most cases gain access to extra material from an artist. It was founded in 2003 by Brian Camelio, a professional musician/producer in response to the threat of digital piracy and the futility of digital rights management for music. The ArtistShare model ensures that artists are compensated for their work before it is released. It is widely recognized as the first model of its kind for the purpose of funding artistic works through the Internet.
ArtistShare describe themselves as a hybrid company part record label, part social networking site, part new media marketing and promotion part business consultancy. And they are not just for music they have film and book projects on their platform. Artists and fans connect on a deep level to create long lasting deeper relationships.
Mission: Creation of new art and music despite any destructive technology that may come along.
Success: Since the establishment of ArtistShare, the label’s artists have received four Grammy awards and eleven nominations including Maria Schneider’s Concert in the Garden which was the first recording in history to win a Grammy without being available in retail stores.