History
A United States based company, ArtistShare (2000/2001) is documented as being the first crowdfunding/fan-funded website for music followed later by sites such as Sellaband (2006), SliceThePie (2007), IndieGoGo (2008), Spot.Us (2008), Pledge Music (2009), and Kickstarter (2009).
ArtistShare projects have received 5 Grammy awards and 15 Grammy nominations to date.
In 2005, American composer Maria Schneider's Concert in the Garden became the first album in Grammy history to win an award without being available in retail stores. The album was ArtistShare's first fan-funded project. Schneider received four nominations that year for the fan-funded album and won the Grammy for Best Large Jazz Ensemble Album. According ArtistShare.com, ArtistShare artists consist of "some of today's most prestigious artists including Pulitzer prize and Oscar nominated writers, Guggenheim fellowship recipients and NEA Jazz Masters".
Schneider is quoted as saying "At the time we set out to make this record, no company in the industry was doing anything like ArtistShare. ArtistShare, led by Brian Camelio, has done more to change this industry to benefit artists than anyone else up until this time."
Phish founder and guitarist Trey Anastasio describes ArtistShare as being "quite possibly the future of the music industry".
Read more about this topic: ArtistShare
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