Aug 13

Strayform is a Texas startup that, like SellaBand and the recently funded Amie Street, is giving unsigned artists a way to promote and sell their music.

Like SellaBand, artists sign up, upload some of their music and then create proposals for new music they want to create. Fans can listen to and download the music (DRM free), and donate directly to proposals they like. The proposals are all different. One artist, for example, says he will mention the name of person who pledges the most in the song itself.

The service is more like SellaBand than Amie Street. SellaBand also lets artists upload music and takes donations. If donations get to $50k, as they have for several artists already, The artist gets a contract with a label. Amie Street, by contrast, simply lets artists sell their music on the site. Downloads starts at free and the price increases steadily as more downloads occur.

Strayform has had little press, but, inexplicably were covered by Fox News in a 3 minute segment. The video is available on their home page. I like the service, but the site sure could use a redesign.

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Source: Michael Arrington

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Aug 13

Strayform is a Texas startup that, like SellaBand and the recently funded Amie Street, is giving unsigned artists a way to promote and sell their music.

Like SellaBand, artists sign up, upload some of their music and then create proposals for new music they want to create. Fans can listen to and download the music (DRM free), and donate directly to proposals they like. The proposals are all different. One artist, for example, says he will mention the name of person who pledges the most in the song itself.

The service is more like SellaBand than Amie Street. SellaBand also lets artists upload music and takes donations. If donations get to $50k, as they have for several artists already, The artist gets a contract with a label. Amie Street, by contrast, simply lets artists sell their music on the site. Downloads starts at free and the price increases steadily as more downloads occur.

Strayform has had little press, but, inexplicably were covered by Fox News in a 3 minute segment. The video is available on their home page. I like the service, but the site sure could use a redesign.

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Source: Michael Arrington

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Aug 05

Social music marketplace Amie Street has closed a Series A round of financing led by Amazon.com. The amount of Amazon’s investment and the terms are not disclosed.

We’ve been big fans of the model and the recent investment shows Amazon is too. On Amie Street, music is not sold for a flat rate, but rather fluctuates based on demand for the song. Artists upload their music (DRM free), which users can download at a starting price of free. As a song’s downloads increase, the price starts to rise, all the way up to $0.99. If a song gets to $0.30 or so, you know its popular. The artist keeps 70% of revenues after the first $5 in sales. SellABand also has a socially driven music monetization model.

Users are rewarded for recommending hit songs with credit for purchasing additional music on Amie Street. The more popular a song
becomes after a member has recommended it, the more credit he or she receives to spend on music.

No doubt, Amazon’s recent payments system seems an ideal fit for the system as well.
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Source: Nick Gonzalez

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