Tuesday, September 25, 2007

Future of Music Policy Summit

A site that I often look at for IT/Internet news mentioned Todd this week. Arstechnica commenting on the final sessions of the Future of Music Policy Summit , said Pinky Gonzales, speaking for promotional service echomusic , pointed to Todd 'as a precedent for a possible patronage system to support music. Through the PatroNet system in the '90s, Rundgren had funded production of at least one CD through the financial contributions of more than 2,000 fans. Gonzales noted that this kind of model can especially work well for older bands on a "long tail" business model and can be combined with demographic tracking to help a band focus their appeal'.

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