Jump to content

Sellaband: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
m →top: replace deprecated template parameters, removed: | slogan = Where Fans invest in Music using AWB
 
(23 intermediate revisions by 17 users not shown)
Line 1: Line 1:
{{Multiple issues|
{{notability|Web|date=June 2015}}
{{third-party|date=June 2015}}
{{third-party|date=June 2015}}
⚫
}}


{{Infobox Website
{{Infobox website
| name = Sellaband
| name = Sellaband
| logo = [[Image:Sellabandlogo.png|Sellaband Logo]]
| logo = [[Image:Sellabandlogo.png|Sellaband Logo]]
| screenshot =
| screenshot =
| caption = A Sellaband profile
| caption = A Sellaband profile
| url = {{URL|http://www.sellaband.com/}}
| type = [[Crowdfunding]] / [[Music]]
| type = [[Social network]] / [[Music]]
| language = English, German, Japanese
⚫
| registration = Required for buying parts, not required for listening
| language = English, German, Japanese
| owner = Sellaband GmbH
⚫
| registration = Required for buying parts, not required for listening
| owner = Sellaband GmbH
| author = Johan Vosmeijer, Dagmar Heijmans
⚫
| launch_date = August 2006 / Bankrupt Feb 2010 / Relaunched Feb 2010
| author = Johan Vosmeijer, Dagmar Heijmans
⚫
| launch date = August 2006 / Bankrupt Feb 2010 / Relaunched Feb 2010
}}
}}
'''Sellaband''' was a [[music]] [[website]] that allowed artists to raise the money from their fans and the SellaBand community in order to record a professional [[album]]. Sellaband used the mechanisms of [[crowdfunding]] and was to be seen as a [[Direct-to-Fan]]/[[fan-funded music]] platform utilising a [[Threshold Pledge System]] / [[Provision Point Mechanism]]. It was set up by Johan Vosmeijer (ex [[Sony/BMG]]), Pim Betist (ex [[Royal Dutch Shell|Shell]]), and Dagmar Heijmans (ex Sony/BMG) in August 2006. Its offices used to be located in [[Amsterdam]], [[Netherlands]], but it was originally incorporated in [[Bocholt, Germany|Bocholt]], [[Germany]].
'''Sellaband''' was a [[music]] [[website]] that allowed artists to raise the money from their fans and the SellaBand community in order to record a professional [[album]]. Sellaband used the mechanisms of [[crowdfunding]] and was to be seen as a [[Direct-to-Fan]]/[[fan-funded music]] platform utilising a [[Threshold Pledge System]] / [[Provision Point Mechanism]]. It was set up by Johan Vosmeijer (ex [[Sony/BMG]]), Pim Betist (ex [[Royal Dutch Shell|Shell]]), and Dagmar Heijmans (ex Sony/BMG) in August 2006. Its offices used to be located in [[Amsterdam]], [[Netherlands]], but it was originally incorporated in [[Bocholt, Germany|Bocholt]], [[Germany]].


On April 8, 2008, Sellaband raised [[euro|EU€]]3.5 million<ref>{{cite web|last=Pfauth|first=Ernst-Jan|title=Sellaband closes a round of € 3.5 million funding for international expansion|url=http://thenextweb.org/2008/04/08/sellaband-closes-a-round-of-e-35-million-for-international-expansion/|publisher=the Next web|date=2008-04-08|accessdate=2008-04-16}}</ref> ([[United States dollar|US$]]5 million)<ref>{{cite web|last=Butcher|first=Mike|title=SellaBand wins $5 million in Series A|url=https://techcrunch.com/2008/04/08/sellaband-wins-5-million-in-further-funding/|date=2008-04-08|accessdate=2008-04-16|publisher=[[TechCrunch]]}}</ref> in their [[Series A round]] led by Prime Technology Ventures.<ref>[http://ptv.com/page/sellaband Sellaband<!-- Bot generated title -->]</ref>
On April 8, 2008, Sellaband raised [[euro|EU€]]3.5 million<ref>{{cite web|last=Pfauth|first=Ernst-Jan|title=Sellaband closes a round of € 3.5 million funding for international expansion|url=http://thenextweb.org/2008/04/08/sellaband-closes-a-round-of-e-35-million-for-international-expansion/|publisher=the Next web|date=2008-04-08|access-date=2008-04-16}}</ref> ([[United States dollar|US$]]5 million)<ref>{{cite web|last=Butcher|first=Mike|title=SellaBand wins $5 million in Series A|url=https://techcrunch.com/2008/04/08/sellaband-wins-5-million-in-further-funding/|date=2008-04-08|access-date=2008-04-16|publisher=[[TechCrunch]]}}</ref> in their [[Series A round]] led by Prime Technology Ventures.<ref>[http://ptv.com/page/sellaband Sellaband<!-- Bot generated title -->] {{webarchive|url=https://web.archive.org/web/20080412052516/http://www.ptv.com/page/sellaband |date=2008-04-12 }}</ref>


In early 2009, Pim Betist left Sellaband to set up Africa Unsigned,<ref>{{cite web|url=http://www.africaunsigned.com|title=Africa Unsigned - Brands, Bands & Fans|work=africaunsigned.com}}</ref> using Sellaband technology as a base and supported by the Dutch government.
In early 2009, Pim Betist left Sellaband to set up Africa Unsigned,<ref>{{cite web|url=http://www.africaunsigned.com|title=Africa Unsigned - Brands, Bands & Fans|work=africaunsigned.com}}</ref> using Sellaband technology as a base and supported by the Dutch government.


In January 2010, Sellaband filed for Bankruptcy.<ref>{{cite news| url=https://www.wired.com/epicenter/2010/02/bankrupt-crowd-funded-sellaband-acquired-by-german-investors/ | work=Wired | first=Eliot | last=Van Buskirk | title=Bankrupt, Crowd-Funded SellaBand Acquired by German Investors | date=2010-02-24}}</ref> It relaunched days later, after an investor stepped forward. The office was relocated to [[Munich]], Germany.<ref>[https://www.sellaband.com/en/news/116-a-little-message News - A little message]. Sellaband. Retrieved on 2013-09-21.</ref> On August 28, 2015, the Sellaband GmbH filed for Bancrupty, too. This was rejected because of lack of mass by the District Court Charlottenburg on January 12, 2016.
In January 2010, Sellaband filed for bankruptcy.<ref>{{cite magazine| url=https://www.wired.com/epicenter/2010/02/bankrupt-crowd-funded-sellaband-acquired-by-german-investors/ | magazine=Wired | first=Eliot | last=Van Buskirk | title=Bankrupt, Crowd-Funded SellaBand Acquired by German Investors | date=2010-02-24}}</ref> It relaunched days later, after an investor stepped forward. The office was relocated to [[Munich]], Germany.<ref>[https://www.sellaband.com/en/news/116-a-little-message News - A little message] {{webarchive|url=https://web.archive.org/web/20130528040737/https://www.sellaband.com/en/news/116-a-little-message |date=2013-05-28 }}. Sellaband. Retrieved on 2013-09-21.</ref> On August 28, 2015, the Sellaband GmbH filed for bankruptcy, too. This was rejected because of lack of mass by the District Court Charlottenburg on January 12, 2016.


For three years, Sellaband supported the sharing of revenue, a form of equity crowdfunding. Research from the ''Journal of Economics & Management Strategy'' examined investment data on the Sellaband platform during this time period. The data shows that, while investments can come from funders around the world, distance continues to affect the flow of funding and information.<ref>Agrawal, Ajay, Christian Catalini, and Avi Goldfarb. "Crowdfunding: Geography, Social Networks, and the Timing of Investment Decisions." ''Journal of Economics & Management Strategy'' Summer 2015 24.2 (2015): 253-74.</ref>
For three years, Sellaband supported the sharing of revenue, a form of equity crowdfunding. Research from the ''Journal of Economics & Management Strategy'' examined investment data on the Sellaband platform during this time period. The data shows that, while investments can come from funders around the world, distance continues to affect the flow of funding and information.<ref>Agrawal, Ajay, Christian Catalini, and Avi Goldfarb. "Crowdfunding: Geography, Social Networks, and the Timing of Investment Decisions." ''Journal of Economics & Management Strategy'' Summer 2015 24.2 (2015): 253-74.</ref>

==Events==
{{More citations needed section|date=April 2008}}
Sellaband conducted three official concerts in [[Europe]].
* "New Years Party" (January 2007), the Paradiso, Amsterdam, NL{{Citation needed|date=April 2008}}
* "London Calling" (June 2007), Gibson Studios, [[London]], [[United Kingdom|UK]]{{Citation needed|date=April 2008}}
* "Sellabration - Birthday Party" (August 15, 2007 & 2008), the Paradiso, Amsterdam, NL{{Citation needed|date=April 2008}}

==Artists who reached their goal==
86 artists reached their fundraising goal. In December 2009 [[Cubworld]] was the first artist, closing his second budget.<ref>{{cite web|url = http://www.sellaband.com/news/101-cubworld-becomes-first-artist-to-close-his-2nd-budget|title = (Press Release) Sellaband - News - Cubworld becomes first artist to close his 2nd budget|author = SellaBand|work = SellaBand}}</ref> Less than two weeks after [[bankruptcy]], [[Aryn Michelle]]<ref>(Press Release) [https://www.sellaband.com/en/projects/arynmichelle Aryn Michelle_LAST ONE... - album is being pressed and packaged!!]. Sellaband. Retrieved on 2013-09-21.</ref> was the first artist, closing her budget under the new SellaBand-management. In October 2010 [[Epyllion]] closed the first budget on Sellaband that was not used for recording new but for promoting of already released music.

Upon closure of the site, there were over 700 artists registered on Sellaband raising funds.

The following table shows the most notable artists that reached their funding goal on SellaBand:

{| class="wikitable sortable"
|-
! # !! Artist !! Budget !! Project aim !! Closing date !!Country !! Notes
|-
| 1 || [[Nemesea]] || $50.000 || Album || 2006-11-02 || {{flag|Netherlands}} || first artist ever to complete a funding on SellaBand
|-
| 2 || [[Cubworld]] || $50.000 || Album || 2007-12-01 || {{flag|United States}} || first artist ever to complete two fundings on SellaBand
|-
| 3 || [[Julia Marcell]] || $50.000 || Album || 2007-10-05 || {{flag|Poland}} || first eastern European artist to complete a funding on SellaBand
|-
| 4 || [[BulletProof Messenger]] || $50.000 || Album || 2007-21-12 || {{flag|United States}} || artist with most believers on SellaBand
|-
| 5 || [[Electric Eel Shock]] || $50.000 || Album || 2008-25-06 || {{flag|Japan}} || first Japanese artist to reach a funding goal on SellaBand
|-
| 6 || [[Hind Laroussi|Hind]] || €40.000 || Album || 2009-12-06 || {{flag|Netherlands}} ||collected €40.000 within 11 days and charted on #8 in the Dutch charts
|-
| 7 || [[Epyllion]] || €1500 || Promotion || 2010-10-20 || {{flag|Canada}} ||first artist raising funds for promotion of an already released record
|-
| 8 || [[Public Enemy (group)|Public Enemy]] || €59.100 || Album || 2010-11-28 || {{flag|United States}} || first established artist raising funds on SellaBand
|-
| 9 || [[Jonathan Davis]] || €25.000 || DVD || 2011-04-14 || {{flag|United States}} ||lead singer of [[KORN]] and first artist raising funds for a [[DVD]]
|-
| 10 || [[John Coffey (band)|John Coffey]] || €4.000 || Album || 2011-10-23 || {{flag|Netherlands}} || first [[hardcore punk]] band that completed a funding on SellaBand
|-
| 11 || [[Lana Wolf]] || €3.000 || Album || 2014-07-05 || {{flag|Netherlands}} || artist that will record a [[country music|country]] album in [[Nashville]]
⚫
|}


==See also==<!-- PLEASE RESPECT ALPHABETICAL ORDER -->
==See also==<!-- PLEASE RESPECT ALPHABETICAL ORDER -->
Line 41: Line 78:


==External links==
==External links==
* [http://www.sellaband.com Official website] (offline)
* [https://web.archive.org/web/20070202022515/http://www.sellaband.com/ Official website] (offline)


{{Music digital distribution platforms}}
{{Music digital distribution platforms}}
{{Crowdfunding platforms}}
{{Crowdfunding platforms}}


{{Authority control}}
[[Category:Community websites]]

[[Category:Companies established in 2006]]
[[Category:Crowdfunding platforms]]
[[Category:Mass media companies established in 2006]]
[[Category:Free music]]
[[Category:Crowdfunding platforms of the Netherlands]]
[[Category:Defunct crowdfunding platforms]]
[[Category:German independent record labels]]
[[Category:German independent record labels]]
[[Category:Online advertising]]
[[Category:Netlabels]]
[[Category:Netlabels]]
[[Category:Online music stores]]
[[Category:Online music stores of the Netherlands]]
[[Category:Social networking services]]
[[Category:Dutch companies established in 2006]]
[[Category:Music organisations based in the Netherlands]]
[[Category:Mass media companies disestablished in 2010]]
[[Category:German companies disestablished in 2010]]

Latest revision as of 10:10, 11 August 2024

Sellaband
Sellaband Logo
Type of site
Crowdfunding / Music
Available inEnglish, German, Japanese
OwnerSellaband GmbH
Created byJohan Vosmeijer, Dagmar Heijmans
RegistrationRequired for buying parts, not required for listening
LaunchedAugust 2006 / Bankrupt Feb 2010 / Relaunched Feb 2010

Sellaband was a music website that allowed artists to raise the money from their fans and the SellaBand community in order to record a professional album. Sellaband used the mechanisms of crowdfunding and was to be seen as a Direct-to-Fan/fan-funded music platform utilising a Threshold Pledge System / Provision Point Mechanism. It was set up by Johan Vosmeijer (ex Sony/BMG), Pim Betist (ex Shell), and Dagmar Heijmans (ex Sony/BMG) in August 2006. Its offices used to be located in Amsterdam, Netherlands, but it was originally incorporated in Bocholt, Germany.

On April 8, 2008, Sellaband raised EU€3.5 million[1] (US$5 million)[2] in their Series A round led by Prime Technology Ventures.[3]

In early 2009, Pim Betist left Sellaband to set up Africa Unsigned,[4] using Sellaband technology as a base and supported by the Dutch government.

In January 2010, Sellaband filed for bankruptcy.[5] It relaunched days later, after an investor stepped forward. The office was relocated to Munich, Germany.[6] On August 28, 2015, the Sellaband GmbH filed for bankruptcy, too. This was rejected because of lack of mass by the District Court Charlottenburg on January 12, 2016.

For three years, Sellaband supported the sharing of revenue, a form of equity crowdfunding. Research from the Journal of Economics & Management Strategy examined investment data on the Sellaband platform during this time period. The data shows that, while investments can come from funders around the world, distance continues to affect the flow of funding and information.[7]

Events

[edit]

Sellaband conducted three official concerts in Europe.

Artists who reached their goal

[edit]

86 artists reached their fundraising goal. In December 2009 Cubworld was the first artist, closing his second budget.[8] Less than two weeks after bankruptcy, Aryn Michelle[9] was the first artist, closing her budget under the new SellaBand-management. In October 2010 Epyllion closed the first budget on Sellaband that was not used for recording new but for promoting of already released music.

Upon closure of the site, there were over 700 artists registered on Sellaband raising funds.

The following table shows the most notable artists that reached their funding goal on SellaBand:

# Artist Budget Project aim Closing date Country Notes
1 Nemesea $50.000 Album 2006-11-02  Netherlands first artist ever to complete a funding on SellaBand
2 Cubworld $50.000 Album 2007-12-01  United States first artist ever to complete two fundings on SellaBand
3 Julia Marcell $50.000 Album 2007-10-05  Poland first eastern European artist to complete a funding on SellaBand
4 BulletProof Messenger $50.000 Album 2007-21-12  United States artist with most believers on SellaBand
5 Electric Eel Shock $50.000 Album 2008-25-06  Japan first Japanese artist to reach a funding goal on SellaBand
6 Hind €40.000 Album 2009-12-06  Netherlands collected €40.000 within 11 days and charted on #8 in the Dutch charts
7 Epyllion €1500 Promotion 2010-10-20  Canada first artist raising funds for promotion of an already released record
8 Public Enemy €59.100 Album 2010-11-28  United States first established artist raising funds on SellaBand
9 Jonathan Davis €25.000 DVD 2011-04-14  United States lead singer of KORN and first artist raising funds for a DVD
10 John Coffey €4.000 Album 2011-10-23  Netherlands first hardcore punk band that completed a funding on SellaBand
11 Lana Wolf €3.000 Album 2014-07-05  Netherlands artist that will record a country album in Nashville

See also

[edit]

References

[edit]
  1. ^ Pfauth, Ernst-Jan (2008-04-08). "Sellaband closes a round of € 3.5 million funding for international expansion". the Next web. Retrieved 2008-04-16.
  2. ^ Butcher, Mike (2008-04-08). "SellaBand wins $5 million in Series A". TechCrunch. Retrieved 2008-04-16.
  3. ^ Sellaband Archived 2008-04-12 at the Wayback Machine
  4. ^ "Africa Unsigned - Brands, Bands & Fans". africaunsigned.com.
  5. ^ Van Buskirk, Eliot (2010-02-24). "Bankrupt, Crowd-Funded SellaBand Acquired by German Investors". Wired.
  6. ^ News - A little message Archived 2013-05-28 at the Wayback Machine. Sellaband. Retrieved on 2013-09-21.
  7. ^ Agrawal, Ajay, Christian Catalini, and Avi Goldfarb. "Crowdfunding: Geography, Social Networks, and the Timing of Investment Decisions." Journal of Economics & Management Strategy Summer 2015 24.2 (2015): 253-74.
  8. ^ SellaBand. "(Press Release) Sellaband - News - Cubworld becomes first artist to close his 2nd budget". SellaBand.
  9. ^ (Press Release) Aryn Michelle_LAST ONE... - album is being pressed and packaged!!. Sellaband. Retrieved on 2013-09-21.
  • BBC Radio 2 Interview (The Weekender with Matthew Wright - 3 November 2006)
  • The Times (UK): Knowledge Section (26 November 2006)
[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=Sellaband&oldid=1239756466"