ARTISTSHARE.com
ArtistShare allows artists 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 2000 by Brian Camelio, a musician/producer, it is one of the first models of its kind for the purpose of funding artistic works through the Internet.
Artists post projects which announce the creation of a new artistic work. The project consists of “Project Experience” which is the documentation of the project and “Participant Offers” which are priced from low to high. “Paticipants” (fans) buy Participant Offers of various levels in order to finance the project and gain access to the “creative process” behind the scenes. Depending on the level of participation the fan receives anything from a signed finished CD at the end of the project to an invitation to the recording studio. Artistshare charges a set up fee from $595 and a subscrition from $12.95 per month.
Artistshare has been successful with many Jazz and Country artists and since 2004, ArtistShare fan-funded releases have received a total of 4 Grammy awards and 14 Grammy nominations.
www.artistshare.com