Tag Archive for 'investment vehicle'

CASH Music: Coalition Of Artists And Stake Holders

CASH MusicCASH Music: stands for Coalition of Artists and Stake Holders. CASH Music is a flexible platform through which creative stake holders — artists and audience — may interact and support one another through community. CASH believes that an engaged, participatory and supportive audience promotes a healthy, vibrant ’scene’ fostered around creative works.

Via CASH Music, the listener/fan is asked to interact with the Artist’s output, assess it, and be inspired by it, thereby enhancing it’s value. When value is realized, the listener/fan is asked to contribute accordingly — money, ideas, effort, or all of the above.

The listener/fan and the CASH artist share the common goal of the continuation of the creative process and artistic output. They describe it as a ‘read-write culture’ where the cumulative parts of the artistic enterprise — money, ideas, effort — enrich the total experience.

CASH supports distribution by torrent as part of a suite of ‘e-anticommerce’ tools — as well as a few other ‘nifty surprises’.

Currently CASH Music has three artists on it’s roster:

Kristin Hersh: kristinhersh.cashmusic.org
Donita Sparks + The Stellar Moments: donitasparks.cashmusic.org
Xiu Xiu: xiuxiu.cashmusic.org

I believe CASH Music is the closest thing we have seen to the ‘intellectual property as stock‘ concept previously mentioned by Terry McBride in WIRED (Wired 14.09: No Suit Required)…Artists offering shares in their enterprises which people will be able to make equity investments.

But probably the most important aspect of this concept is the opportunity for the listener/fan to build a more visceral connection to the Artist by actually having an ownership stake in the creative enterprise.

User-Funded CASH Music Label Triples Artist Roster | Listening Post from Wired.com

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Jazz Summers Invests £10m In Music Talent — Telegraph

Power Amp MusicBritish newspaper The Telegraph is reporting that Jazz Summers, the manager to bands such as The Verve and Snow Patrol, is fronting a fund which aims to raise £10m to invest in new and established UK music talent. He is joining forces with venture capital and advisory firm Power Amp Music to launch the tax-efficient investment vehicle.

The Power Amp Music Fund will invest in up to 30 artists, with independent labels or concert promoters, in exchange for a share of revenues from recording and publishing, merchandising and live events.

With CD sales in decline but demand for concert tickets and music festivals at an all-time high, record labels and music business investors are seeking a cut of everything from TV appearances and ticket sales to T-shirts.

According to their website, the Power Amp Music Fund is described as a tax efficient vehicle offering the opportunity to invest in a diversified portfolio of UK music talent. The Fund uses an artist-centric development model that brings the source and destination of music closer together and generates enhanced returns for artists and investors.

By investing directly in artists’ careers, investors participate in all revenues available: recording, publishing, live, merchandising, and alternative (digital, branding etc,). The model offers an effective route into an industry with strong future revenue potential.

Jazz Summers Invests £10m In Music Talent — Telegraph

Summers Fronts Music Investment Vehicle — Billboard.biz

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