Amanda Palmer has set a new record for Kickstarter music funding by raising over $470,000 for her new album in just four days. The album has already been recorded with her band, but since breaking from a major label Palmer requires capital for mixing, distribution, manufacturing, and promotion. That’s unlikely to be a problem now, though — her goal of $100,000 was met in under seven hours, and there are still 27 days left to contribute to the project.
Amanda Palmer calls Kickstarter ‘the future of music’ after breaking record for new album
Amanda Palmer has set a new record for Kickstarter music funding by raising over $470,000 for her new album in just four days. Her goal of $100,000 was met in under seven hours.
Amanda Palmer has set a new record for Kickstarter music funding by raising over $470,000 for her new album in just four days. Her goal of $100,000 was met in under seven hours.
Pledged amounts range from as little as one dollar for a digital copy of the album to $10,000 for the singer personally flying out to paint a portrait of the backer. Palmer says that Kickstarter-style funding is ‘the future of music,’ but it’s worth noting that the former Dresden Dolls singer has a ready-made and devoted fanbase, like game developer Double Fine before her. Still, successes like this will certainly give record label executives food for thought if they become more frequent.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
