ArtistShare

ArtistShare
Type of site
 Crowdfunding / Music
Owner ArtistShare, inc
Created by Brian Camelio
Website ArtistShare.com
Commercial Yes
Registration Required for participation in artist projects
Current status online

ArtistShare is the internet's first documented crowdfunding website.[1][2][3][4][5] It also operates as a record label and business model for artists[6][7] which enables them to fund their projects by allowing the general public to directly finance, watch the creative process, and in most cases gain access to extra material from an artist.[8] According to Bloomberg News, the company’s chief executive officer, Brian Camelio, founded ArtistShare in 2000 with the idea that fans would finance production costs for albums sold only on the Internet and Artists also would enjoy much more favourable contract terms.[9] ArtistShare was described in 2005 as a "completely new business model for creative artists" which "benefits both the artist and the fans by financing new and original artistic projects while building a strong and loyal fan base".[10]

History

ArtistShare founder Brian Camelio, singer Willie Nelson, and Blue Note Records President Bruce Lundvall on Willie Nelson's tour bus

A United States-based company, ArtistShare (2001) is documented as being the first crowdfunding website [2] followed later by sites such as Sellaband (2006), SliceThePie (2007), IndieGoGo (2008), Spot.us (2008), Pledge Music (2009), and Kickstarter (2009).[7]

ArtistShare projects have received 29 Grammy nominations and 10 Grammy awards to date.[11]

In 2005, American composer Maria Schneider's Concert in the Garden became the first album in Grammy history to win an award without being available in retail stores.[6] The album was ArtistShare's first fan-funded project. Schneider received four nominations that year for the fan-funded album and won the Grammy for Best Large Jazz Ensemble Album.[12][13] According to ArtistShare.com, ArtistShare artists consist of "some of today's most prestigious artists including Pulitzer prize and Oscar nominated writers, Guggenheim fellowship recipients and NEA Jazz Masters".[11]

In May 2013, ArtistShare partnered with Blue Note Records to form a collaboration titled 'Blue Note/ArtistShare'. The Blue Note/ArtistShare collaboration was forged by Brian Camelio, Bruce Lundvall, and Don Was, President of Blue Note Records. In Blue Note's press release about the collaboration, Lundvall, Blue Note Chairman Emeritus, is quoted as saying, "'ArtistShare founder Brian Camelio is a true visionary. I see the ArtistShare business model as a key component of the future music business'"[14] The collaboration will "'essentially serve as a low-risk development arm of the label'" since the recordings will be funded by the fans.[15]

Grammy Awards

Patent dispute

On September 30, 2011, Kickstarter filed a declaratory judgment suit against ArtistShare[22][23] and Fan Funded which owns U.S. patent US 7885887 , "Methods and apparatuses for financing and marketing a creative work".[24][25][26][27]

In June 2015, US District Judge Katherine Failla ruled in favor of KickStarter against ArtistShare.[28]

See also

References

  1. ↑ "Ariel Hyatt On Music PR And Crowdfunding". hypebot.com.
  2. 1 2 "Kickstarter entrepreneurs doing big business in the UK". The Telegraph. Retrieved January 5, 2015.
  3. ↑ Crowd-Funding 101: What Every Musician Needs for a Successful Campaign "Archived copy". guitarworld.com. Archived from the original on 2015-02-07. Retrieved 2015-02-07.
  4. ↑ "Blue Note to Partner With ArtistShare". artsbeat.blogs.nytimes.com. New York Times. Retrieved February 7, 2015.
  5. ↑ "Crowdfund it!". Retrieved February 7, 2015.
  6. 1 2 Don Heckman (February 10, 2008). "Making fans a part of the inner circle". Los Angeles Times. Retrieved October 7, 2011.
  7. 1 2 "Can You Spare a Quarter? Crowdfunding Sites Turn Fans into Patrons of the Arts". Wharton Innovation and Entrepreneurship. December 8, 2010. Retrieved 12 October 2011.
  8. ↑ 02.12.2008: Addendum to recent Wired Article (Part II) Model Number 7: Fan Supported Label/Distribution Archived 2011-10-28 at the Wayback Machine., David Byrne's Journal, February 12, 2008. Consulted on October 7, 2011.
  9. ↑ Cole, Patrick (February 7, 2008). "ArtistShare taps Web, fans to earn its musicians money, Grammys". livemint.com. Retrieved October 8, 2011.
  10. ↑ Gordon, Steve (2005). The Future of the Music Business: How to Succeed with the New Digital Technologies : a Guide for Artists and Entrepreneurs. backbeat books. p. 234. ISBN 978-0-87930-844-5. Retrieved April 9, 2012.
  11. 1 2 3 4 "ArtistShare - About Us". artistshare.com. Retrieved March 24, 2012.
  12. 1 2 "Maria Schneider Discography - Concert in the Garden". mariaschneider.com. Retrieved October 8, 2011.
  13. 1 2 3 "Maria Schneider at Grammy.com". grammy.com. Retrieved October 8, 2011.
  14. ↑ Blue Note Records Retrieved October 24, 2013
  15. ↑ Chinen, Nate (May 8, 2013). "Blue Note to Partner With ArtistShare". The New York Times. Retrieved October 26, 2013.
  16. 1 2 Billy Childs at Grammy.com Retrieved October 8, 2011
  17. ↑ Billy Childs Discography "Archived copy". BillyChilds.com. Archived from the original on 2011-09-19. Retrieved 2011-10-08.
  18. ↑ Maria Schneider Discography - Sky Blue Retrieved October 8, 2011
  19. ↑ Billy Childs Discography - Autumn: In Moving Pictures "Archived copy". Archived from the original on 2011-09-19. Retrieved 2011-10-08. Retrieved October 8, 2011
  20. ↑ Brian Lynch at Grammy.com Retrieved October 8, 2011
  21. ↑ Brian Lynch Discography Retrieved October 8, 2011
  22. ↑ Jacobsson Purewal, Sarah. "ArtistShare Can't Show Kickstarter Infringes Crowdfunding Patent". Litigation Daily. Retrieved February 9, 2015.
  23. ↑ Gardner, Eriq (September 17, 2014). "Kickstarter's Future Put in Judge's Hands". The Hollywood Reporter. Retrieved 21 February 2015.
  24. ↑ Sarah Jacobsson Purewal (October 5, 2011). "Kickstarter Faces Patent Suit Over Funding Idea". PCWorld. Retrieved October 6, 2011.
  25. ↑ Eriq Gardner (October 4, 2011). "KickStarter Seeks To Protect Fan-Funding Model From Patent Threat". The Hollywood Reporter. Retrieved October 15, 2011.
  26. ↑ "Crowdfunding-sites verwikkeld in patentstrijd" [Crowdfunding sites involved in patent battle] (in Dutch). NUzakelijk. October 5, 2011. Retrieved October 22, 2011. Het gaat om de website Kickstarter die een patent van website ArtistShare ongeldig wil verklaren. Kickstarter ontving verschillende verzoeken van ArtistShare-oprichter Brian Camelio om een licentie op zijn patent te nemen." English translation: "The website Kickstarter wants that a patent from the ArtistShare website be declared invalid. Kickstarter received several requests from ArtistShare-founder Brian Camelio to take a license on his patent
  27. ↑ Jeffries, Adrianne (14 May 2012). "Kickstarter Wins Small Victory in Patent Lawsuit With 2000-Era Crowdfunding Site". BetaBeat. The New York Observer. Retrieved 17 May 2012.
  28. ↑ "Kickstarter wins its first patent case". arstechnica.com. 2015.
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