New investment model? Treat bands like startups? Writers, too?
July 22, 2009 | 5:23 am
“Under the Polyphonic model, bands that receive investments from the firm will operate like start-up companies, recording their own music and choosing outside contractors to handle their publicity, merchandise and touring..” – New York Times.
The TeleRead take: So would this biz model work for some writes and books (both e-books and the paper variety), and if so, what kinds? Best criteria to be used? Granted, e-books cost less to produce than p-books. But certain expenses, such as good editing, won’t decline. Plus, e-books, too, need promo—which can be pricey.