Blue Note Records, a storied label in jazz, has plans to partner with ArtistShare, a pioneering crowd-financing platform, for a hybrid known as Blue Note/ArtistShare. The venture suggests one plan of action response to the pressures currently facing the record business, particularly in and round the jazz field.
The new arrangement — musical group by Brian Camelio, the founding father of ArtistShare; Bruce Lundvall, chairman retired of Blue Note; and Don Was, Blue Note’s president — can primarily function a low-risk development arm of the label. note can facilitate choose the artists, and apply its indorsement and promotional resources to every finished album. however the prices of recording are body part by fans, within the customary mode of ArtistShare comes. Musicians can retain full possession of their master recordings.
“Young artists worldwide area unit creating recent musical statements left and right, however area unit forced to try and do their own promoting campaigns, too, usually once their main focus ought to be their inventive output,” Mr. Lundvall aforementioned in an exceedingly statement discharged on weekday. whereas Blue Note/ArtistShare has the potential to lighten that burden, it still leaves the creative person to blame of his or her own fund-raising efforts.
But in ArtistShare, which Mr. Camelio shaped a decade past, there’s Associate in Nursing admirable memoir, one that predates Kickstarter, out and away the known whole in crowd-financing. (There are some recent legal entanglements between the 2 firms.)
The composer-bandleader Maria Schneider, World Health Organization simply discharged her third album through ArtistShare, has been its emblematic success story, winning widespread acclaim and multiple Grammy awards. Among the opposite outstanding jazz musicians exploitation ArtistShare area unit the piano player Billy Childs and therefore the player Jim Hall. however seasoned, established figures like these can expressly not be the main focus of Blue Note/ArtistShare.
Instead, its stress are on up-and-comers, acts on that note has traditionally prided itself. The label recently discharged well-received albums by the singer José James and therefore the piano player Robert Glasper; among its coming back releases could be a debut effort by the instrumentalist Derrick Hodge, due on Aug. 6.