Second-tier social network Bebo and innovative fan-funding mechanic Slicethepie have got together to offer an attractive proposition for both Bebo users and bands using the Slicethepie service.
Slicethepie works by crowd-sourcing the A&R process, something that I strongly advocated in my series of posts on innovating digital music. People can invest in bands, and once a band has enough to make an album, any investors get a share of the revenues from selling that album, as well as a credit .
The partnership means that Bebo users will be able to review and rate content on the service, and will be paid a small fee for doing so. Bands that get financed via the Bebo showcase will gain a promotional package that Bebo claims is worth £50k, that'll include an album launch party, promotion on the Bebo homepage, and exposure to major label A&Rs.
The first "Scout Room" on Bebo will go live this month, so if you're in a band, it's definitely worth a look. Just make sure you've got a strong presence on Bebo too. What does Bebo get out of it? More bands on a service that's struggling to compete with Myspace, let alone Facebook's dominance of the sector.
Searching for another reason to justify the squillion pounds Led Zeppelin will be charging per ticket for their reunion show? How about the fact that they're supporting unsigned bands by looking on Ziddio.com for the perfect acts to play at their after-party gig?
Any bands confident in impressing...