Giving All Musicians a Chance

Here's an ingenious new site for up and coming bands who haven't been able to get signed to a label. Amsterdam-based SellABand.com allows fans -- or what Sellaband calls "believers" -- to invest in unsigned acts in $10 increments. Once an act reaches $50,000, it is given access to a recording studio and professional production, song-writing and marketing expertise. Investors get a free copy of the CD, a cut of any CD sales and a share in the advertising revenue generated for the site, sellaband.com. Recording veterans have signed up to work with Sellaband because they think it can fill a void left by the industry consolidation that is siphoning profits back to parent companies instead of using them to develop up-and-coming talent.