Private equity the answer for emerging acts?
News: 23rd November 2010 by Louise Dodgson under Record Labels
Unless you wish to operate on a DIY basis forever, at some point down the line a band or artist will require investment in some form or other. Record companies were traditionally the port of call for artists ready to move up the ladder, but these days they have less money to take financial risks on bands that may not recoup on sales.
So, where else can bands turn for a cash injection? Banks? Private equity firms? Sponsorship? Some of these options are viable, however artists still need a certain level of recognition under their belts for companies to be confident in spending their cash. This article below from the Guardian explores the routes that up and coming acts can take if they are looking for investment...
Related Links
http://www.guardian.co.uk/music/musicblog/2010/nov/18/behind-music-funder-pressure
Tags
unsigned bands, unsigned artists, record labels, record companies, music investment, private equity
