Slicethepie was launched today, another new site attempting to ‘revolutionize’ the ‘fan/artist relationship’ or something equally zeitgeist-y. Much like Sellaband, it provides bands with a chance to raise funds to record and release an album through the patronage of music enthusiasts. Essentially, a band’s fans become street teamers, pseudo-PRs and investors and can “gamble on, trade in and profit from the success of these artist”.

There’s the potential to raise £15,000 to help you record your album - much less than Sellaband’s extraordinary $50,000, but still a lot of money. Do bands really need that much investment to be able to make a decent album?

It’s a lot easier if you’re an electronic musician or a solo artist - Mylo recorded his acclaimed and hugely successful debut album in his bedroom for next to nothing, much like the newest electronica hero Calvin Harris. Even if you’re in a more traditional rock band you should be able to make a decent record for less than ten grand - you can even hire legendary producer Steve Albini for next to nothing (as long as he likes you).

I’m going to try out Slicethepie.com and see if it’s of any use. Stay tuned - I might be £15,000 richer the next time you log on to this blog…

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