"Feedthearts.com is the bomb! It helps artists get the funding they need for specific service providers budgets and allows fans to support their artists by helping to fund their projects! Bravo to FTA!"
Arty Skye, Producer
New York, NY (PRWEB) March 06, 2012
Feedthearts.com is inviting music industry service providers to submit business profiles and project budgets for (use by) registered artists on Feedthearts.com. Participating on the site allows local and music industry service providers to have direct contract with their target audiences and offers the potential for gaining new business from the product and service packages that they offer.
Instead of the traditional model of crowd funding, where artists determine their own budgets and have to manage their own projects, Feedthearts.com provides a very simple and clear roadmap that musicians can follow to reach their creative objective by selecting a entertainment industry service providers package in the categories of pre-production, production, distribution, marketing or merchandising. In a new twist on crowd funding, Feedthearts.com allows musicians to select packages of their choice to obtain funding and gives artists a clear understanding of what they receive, and from what business, once their project is funded.
The process – Music Industry Service Providers have a three-step registration process to join Feedthearts.com and stimulate new business. They simply, 1) join the site at no charge, 2) create a business profile page that describes their business, and 3) upload their services or products in the form of budget packages which artists of all kinds can choose for funding. Once a project is funded, the service provider gets a new client and a funded, professionally managed project. Feedthearts.com offers this service free of charge to the service providers, and only charges a small commission to the service provider once a project is funded.
Service providers can register their businesses by going to the following page: http://www.feedthearts.com/providers
Feedthearts.com will be inviting service providers in the film, visual arts and literature categories in the near future.
What qualifies as a Music Service Provider? Service providers are considered local or national businesses that provide product or services to the music industry. This would include Music Recording Studios, Engineers, Producers, Musicians, Merchandisers, Graphic Designers, PR Companies, Tour Management and other music related products and services.
What is Feed The Arts? Feed The Arts is an innovative online community to support, fund, and promote the arts. The company shares a portion of the revenue created by user (fan) activity on the website in the form of Helping Hands, the currency unique to Feed The Arts. There are many fan activities that provide opportunities for earning Helping Hands, including watching movie trailers, shopping with vendors or just spending time on the site. Helping Hands can then be used on FeedTheArts.com to help fund artists’ creative projects of the user’s (fan’s) choice, allowing for a way to support artists without spending real dollars.
How it works: Artists are encouraged to create a free profile about them on Feed The Arts, that includes uploaded samples of work and goals for upcoming projects. Regular users (fans) of the site earn virtual currency in return for their activity on the website, which they can then distribute to various artists’ pages to assist in the funding of their projects. When an artist has reached his or her funding goal, Feed The Arts coordinates their network of registered service providers (i.e.studio, production team, etc.) to provide the artist with the necessary resources to deliver that project.
Why it Works: Revenue-sharing allows users (fans) to fund artists without personal monetary donations. Revenue-sharing also creates a mutually beneficial community for all parties involved – fans, artists, and service providers. Social funding is encouraged due to the risk-free structure of the Feedthearts.com self-sustaining community.
For more information on Feed the Arts, please visit: http://www.feedthearts.com
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