Eliot Van Buskirk: “With CD sales declining and labels whining, it might seem crazy to view recorded music as fertile ground for investment. But for thousands of fans-turned-music-investors on SellaBand and Slicethepie, it makes perfect sense to gamble on a favorite band’s future…
By having fans fund albums, these sites hope to channel money toward projects more likely to succeed. It’s like holding a fundraiser to usurp the executive producer’s traditional moneybags role, while crowdsourcing the A&R (artists and repertoire) guy’s job.” (Wired Listening Post)
