SellaBand Analysis

Essay specific features

 

Issue:

Business

 

Written by:

Louise M

 

Date added:

November 29, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 661

 

Was viewed:

7731 times

 

Rating of current essay:

 
Essay content:

The concept is simple: bands host their recorded songs online at the SellaBand website, fans browse artist songs, and then “become a believer” of their favorite bands based on the music they hear. A person becomes a believer by purchasing shares of a band, which cost $10 per share. Once a band has sold 5,000 shares, SellaBand arranges a professional recording studio session for the band...
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A person becomes a believer by purchasing shares of a band, which cost $10 per share. Once a band has sold 5,000 shares, SellaBand arranges a professional recording studio session for the band. The $50,000 raised from selling shares is then used to produce and promote an album, in which shareholders receive a percentage of profits from albums sold...
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