After reading the Showbiz Part of Sky News earlier i came across an article about a UK music company giving fans the chance to put shared into their favourite band, from as little as £10. this will allow fans to not only have a financial part to play in the band but it could also mean them earning a profit on how many record a band may sell.
It has been tester in france where someone put £5,000 worth of shares into a band and they recieved over £100,000 back after they sold over a million records.
There may be, however, disadvantages to this approach. For example the band may not be very successful and then if youve invested money into them you may end up being dissapointed, another is that if it is a very popular band that you invest in and there are alot of shareholders aswell as you, your not going to gain alot.
However the approach has been proven to work, so is this the future of music?
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