actually, i have an idea. as usual, i have ideas.
ok, let's say ABC is a solo musician who we ALL feel has the potential. we set up a 'company' and each person chip in $ and become shareholder of this company. with the money raised, we will produce the album and sell it.
end of the day, shareholder get a complimentry CD + any profit. Solo musician gets some money from the album sold.
basically, this has been done before in other countries.
Say basic album production = $2,000
CD replication for 1000 copies = $2,000
Marketing/Promo = $500
Misc. = $500
Total = $5,000
If we have 100 SOFTies to chip in $50 each. We will have the capital.
1,000 - 250(complimentry for shareholders) - 100(promo) = 650
650 x $ 12 = $7,800
We will and give back $5,000 to the shareholder. $2,800 to the solo musician.
this is the inital 1000 release, there will be more re-print if sales is good.
as always, there will be fine prints. but for the fun of it, doesn't this look like a plan?
:lol: