Independent Music Foundation is currently seeking to reduce production and recording costs
for independent musicians.
From a cultural perspective, there is perhaps no better time for such an effort.
Investment in music from traditional sources has dried up. Major
labels have little interest in unproven acts not seemingly guaranteed to sell
in large numbers and independent labels, once the backbone of the industry
responsible for breaking new acts, have been struggling with cash flow since the onset of the digital marketplace if not going extinct altogether.
While the digital world may allow artists to profit in the long run - from future streaming royalties that
theoretically could bring in more money than a single CD sale - there is a void when it comes to upfront
investment. With costs for professional recording studios and personnel ranging from $650 to $2000 per day, one can see the obvious obstacles
for musicians going it on their own. Major label recording budgets, for
instance, start at $120,000 per album. The average musician starting out is already burdened by costs of their
own gear and rehearsal space and perhaps the largest expense - time - before seeing any income at all.
The Independent Music Foundation is dedicated to providing not
only in assisting in the cost of recording studio space but providing production help as well to ensure that the money and effort
Imagine if the opportunity could be created for musicians to
record for free or at a sharp discount one week per month:
* It would invigorate the local music scene.
* It would improve musicianship. After a recording project, a
musician should always leave the studio a better player than when entered.
* It would give musicians an added sales and marketing tool to
draw interest from listeners and booking agents.
* It would improve the sound quality and marketability of music recordings coming out of
the indie scene.
It would also open to door for more creative projects. We would like to do a
compilation album of street musicians. We would like to gather some of the
best local jazz players in a studio for three days and see what happens. We
would like to put together a house band to back singer/songwriters. But
first, we need donations to book studio time and get the ball rolling.