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What is SlicethePie?
Slicethepie is a web based artist financing engine that raises money for artists to professionally record an album. It enables users to invest in, profit from, and trade in artists’ success by turning every music fan into a talent scout and investor.
On Slicethepie:
Artists can raise money directly from their fans to professionally record albums
Fans can become emotionally and financially involved at all levels of the music industry - scouting, breaking, investing in and influencing real artists
Investors can gamble on, trade in and profit from the success of these artists
Artists who secure finance pay Slicethepie a small royalty on album sales but keep all their copyright and publishing rights.
Essentially, Artsits join an Arena and once the arena is full (up to 1,000 artists) the Scout Room opens. The 20 highest rated artists from the Scout Room go forward to the Showcase.
In the Showcase fans vote for and finance artists by buying Backstage Passes. Fans buy Contracts that entitle them to a return based on the number of singles and albums sold by the Artist over a 2 year period.
The Artist receives the money (non-recoupable) and goes off to record the album, keeping in close contact with Backstage Pass holders in a private area of the site. The Contracts become fully tradable on the Slicethepie Exchange, fluctuating in value depending on the anticipated number of album and single sales.
The album is released and Slicethepie receives £2 royalty on every album sale. The Artist keeps all their copyright and publishing rights and remains free to sign a record deal at any time.
Kitty and the Can Openers are one of only 16 bands in the current Showcase. If they get plenty of votes they will win £15,000 to put into recording an album. I would like to ask you to vote for Kitty and the Can Openers, the only Irish band in the current Showcase, and help them win this! It would mean a lot for this band. Don’t forget there are some free MP3s to help you make up your mind on their website!
All you have to do is sign up to the site (you have more than one email address you say? Why not add a few more votes!) and vote for the band on this page!
Thanks!
3 Comments
Mine’s in too. I do hope Kitty and the Can Openers wins this.
Thanks guys!
Spread the word!
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