o p t i o n s
M O N E Y
M A T T E R S
New Bands
There are a plethora of funds,
grants and counsels set up to
provide funding for young, talented
musicians that may not be able to
afford to buy their own equipment.
This is one of the better websites to
use.....
Starting a new band can be a difficult process fraught with
uncertainty, mystery, and constant barriers and hurdles, both
physical and often financial. With the industry in a most definite
transitory phase from a physical sales model, adapting to a new
model of various and currently unfixed and often ambiguous
revenue streams, it is difficult for new and established artists alike
to support themselves financially.
http://www.lfmi.org.uk
This website has a long list of
funding options for new bands and
individuals wanting to start out in
the industry but cannot afford to....
h t t p s : // w w w . h e l p m u s i cians.org.uk/emerging-musicians/funding-wizard
Gives new bands funding of up to
£15,000 from subscribers to record
and release their record.
The UK and World recording industry has been in decline ever
since the late Mr. Jobs sealed the fate of the physical CD by deciding
digital music would be a tool to sell more of his new hardware
devices (at the time) the little known iPod. 15 years later and a decline
of more than 30% in physical sales, the music industry landscape
looks somewhat different. Labels have latently but eventually come
round to the idea that perhaps the music business model, which
has remained largely, unchanged for the last 40 years, may be
slightly out of date. Whilst industry forecasters were screaming at
them to accept the impending takeover of the mysterious ‘digital’
revolution, they were sat back on their laurels, basking in the
delights of healthy physical CD sales. It is this slow reaction to
an obviously changing market, which lead to a dark period for
the recorded music industry. Now it feels like we are starting to
make it out the other side, but this has lead to a cautious feeling
amongst those who hold the purse strings. Where previously an
A&R guy g&