SellaBand

Www.sellaband.com ( English version )

Sella band (SAB ) is a company incorporated in August 2006, Music website that originally wanted to give bands and solo musicians the ability to allow crowdfunding for a professionally recorded album. In the meantime, can artists of all disciplines a budget at any collecting in the outset defined purpose.

The Company

Sella band (SAB ) was ( formerly of Sony / BMG), Pim Betist (formerly Shell) and Dagmar Heijmans (formerly Sony / BMG), founded in August 2006 by Johan Vosmeijer.

Early 2008 has left and Africa Unsigned launched Pim Betist Sella band. It also uses the technology of Sella band as a platform and is supported by the Dutch government.

Although still on 8 April 2008 € 3.5 million (5 million U.S. dollars ) has been invested by the Prime Technology Ventures as a venture capitalist in the company, the company, the provisional suspension of payments ( moratorium ) at the Amsterdam Court had on 19 February 2010 to apply for which was approved on the same day. On 22 February 2010 the moratorium was converted into a bankruptcy.

Already on 24 February 2010, all business operations, including all liabilities to believers and artists, to German investors around the new managing director Michael Bogatzki sold, the liquidator Paul Schaink.

The company in Bocholt, Germany, was originally founded out in the legal form of a GmbH & Co. KG, later the corporation. The offices were located in Amsterdam, Netherlands. Since the bankruptcy Sella band will continue as a limited company. The company moved to Munich.

New model

Since October 1, 2009 until the bankruptcy was Sella band with a completely new business concept in the market. This allowed the artists the freedom to decide on their financing plan and also leaves all rights to the artists. Every artist may now collect about Sella band money to finance a project, whether it is as originally in the recording of a CD or in the financing of a tour of promotional activities etc.. This is accompanied now also the budget and the believers consideration offered by the artist freely selectable.

The first already successful group Public Enemy has begun to collect SellaBand money for the next CD. The band has decided to leverage a budget of $ 250,000 that can be drawn in Parts of U.S. $ 25.

After restarting, the model was again changed. The freedom to decide on the size of the budget and the compensatory measures proposed for this has remained. The variability of the projects has been restricted to the production of music, marketing, concerts and the sale of tickets. In early September the reserve currency of the U.S. dollar was changed to euros, bringing into account the fact should be taken to ensure that most of the artists and investors from the euro zone comes.

Believer

Anyone who is interested in supporting a registered SellaBand artists can buy so-called " Parts". Here you can freely choose how many " parts" you want to buy and whether you would like to support one or more artists.

Until all the " parts" were drawn by an artist and the selected budget is achieved so that collected by the believers money is managed by a trustee and is therefore not available in the area, the artist still Sella band. Interest earned on the accumulated money are, but fully absorbed by Sella band As long not all " parts" of an artist were sold, a Believer can always return already subscribed " Parts". The thus liberated money can be invested in other artists. A payment of the credit is now possible only within two weeks after the investment. Once an artist has his budget fully funded, the funds raised have been finalized and the Trustee transfers the money to Sella band to ensure the project financing.

The change in the conditions of use has led to lively discussions immediately. Many active Believer have requested an immediate payment of their previously paid credit in the following.

Experts

Basically, the active SellaBand artists can work with whomever they want to. But one of the strengths of Sella band is the ability to bring together artists with world-class producer. So far, for example, Tony Platt ( AC / DC, Bob Marley ), Attie constr ( Scorpions, Judas Priest ), Peter Denenberg ( Spin Doctors, Deep Purple ), Steve Bush ( Stereophonics, Corinne Bailey Rae ), Mick Glossop ( Van Morrison, Waterboys ), Malcolm Burn ( Patti Smith, Emmylou Harris) and Greg Haver ( Manic Street Preachers, Super Furry Animals ) on SellaBand produced albums participated.

Partnerships

On 18 December 2007 a ​​partnership with the British side by Amazon.com announced. Amazon now distinguished from each artist, the U.S. reached $ 30,000, 100 Parts and sells the CDs on your own page. The partnership has now expanded to Amazon in Germany and in the USA.

In March 2009, Sella band announced that they will start ( Bring The Noise ) management in the USA with Chuck D' s company BTN, the Public Enemy frontman will act as a " U.S. Ambassador " Sella band.

In June 2009 Sellaband.de was started. The first sister site was implemented together with the Merchandising Media GmbH. In the framework of conceptual changes and realignment of Sella band Sellaband.de the project was abandoned after a short time. After the relaunch and the acquisition on February 24, 2010, a full German -language website was started again. Other language versions will follow.

Artists with the achieved Budget

Since the start of the page in August 2006, a total of 86 (as of April 2012), artists have achieved its budget target destination. The first case was successful band Nemesea people to complete an album Finance on November 2, 2006. The first has managed a native of the U.S. musician CUBWORLD to have fully fund its second project in Sella band. In October 2010, two musicians have first completed projects that is not used for recording music, but is intended for the promotion of already published albums.

The greatest success in Sella band was the entry number 8 in the Dutch album charts by Hind in October 2010.

Intermediate term almost 10,000 artists were registered at Sella band. Here was cleared in May 2009 by artist inactive were removed. After September 1, 2010, the duration of a project was limited to 12 months, the number of active artists has declined. Currently are drawn in approximately 700 artists Parts (April 2012).

Original model

Before the full flexibility of budget height and incentives, it was the goal of each band alternatively U.S. $ to reach a budget of $ 50,000, since 1 December 2008, 100,000, which was divided into " parts", each $ 10. The budget of $ 100,000 was achieved between the introduction and complete flexibility in the budget of any artist.

Originally each of the Believer CD funded per purchased part has received "CD Limited Edition" one. Following the migration end of 2008, every Believer now receives only a " limited edition CD". If any other parts are acquired gradually additional discount vouchers are issued for other standard CDs.

In addition, the Believer a percentage share received ( by the number of Shares subscribed for each band based ) of the proceeds from the sale of "normal" CDs can be achieved as well as the ability to download the album as MP3.

Swell

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