Comments on: IDEA #38 – Invest in a Music Band! Fantasy Music Stock Game

By: kurt

kurt — Mon, 22 Sep 2008 18:40:02 +0000

Done. Invest in bands to develop an album.

http://www.bandstocks.com/

By: Kevin

Kevin — Mon, 12 Mar 2007 04:25:28 +0000

This is a fun idea, MTV.com did something similar about 3 years back and I had a blast with it! They gave out points based on billboard chart position, appearance in the weekly top 10, etc… It was a great implementation, not sure if they’re still doing it or not but would be very cool to see an implementation specificially for unsigned indie bands.

By: Alex B

Alex B — Fri, 09 Mar 2007 05:00:51 +0000

Why not borrow the money? If you are really that great of a band, an IPO would cause you to give up a share of your future profits, as you will not own a part of your own band. If you issue debt (bond), you should be in a much better shape. David Bowie has done it in the 1990s http://en.wikipedia.org/wiki/Bowie_Bonds
I imagine this being a hard sell though.

By: Andrew Cronk

Andrew Cronk — Tue, 06 Mar 2007 18:22:27 +0000

I believe you have just described http://www.sellaband.com

Also, with amiestreet.com you can recommend artists and earn money if they become popular.

By: Tom

Tom — Tue, 06 Mar 2007 18:04:30 +0000

I think I’ve seen this somewhere, I remember that if they went big you got a cut of the CD sales.

By: Adam Ostrow

Adam Ostrow — Tue, 06 Mar 2007 15:58:58 +0000

Check out Fantasy Music League. It was created by radio host David Lawrence a couple years ago.

By: Colin Dowling

Colin Dowling — Tue, 06 Mar 2007 15:42:40 +0000

I actually think a marketplace where artists – it would work best with music/bands – sell stock in themselves is a n idea that would quickly be embraced.

I have been in bands for a fair part of my life and know that there is a a lot of hard work that goes in to doing anything more then practicing in the garage. Cutting a CD, going on a tour, creating press kits, etc. I can definitely see a place for a band to say, “We are trying to raise $5k to produce a CD and $2k to support it on tour…let’s IPO our band!”

The “risk” involved is making sure that the band is using if for promotion of the company (the band) instead of beer and cigarettes. However, that would likely have a lot to do with the research done on the band itself.

Great idea, one of my favorite you’ve posted yet.