Back in January, we wrote about Show4Me, which described itself as a “music interaction network”. It had raised $13.5m in funding and was offering acts a variety of tools such as music and concert crowdfunding campaigns, sales of music, D2F interaction and even a $1-per-year fan membership model.
The company launched an online ticketing option in April and now says that artists from a variety of countries – including Australia, Canada, Germany, Italy, Mexico, Portugal, Spain, the UK and the US – as well as across a range of genres are starting to utilise it.
Acts have to hit a certain number of ticket sales before a show can go ahead but when this target has been reached they can withdraw the first tranche of money to fund the show’s production while continuing to sell tickets. The idea is that this helps mitigate the financial risk for artists, as they try to make their online gigs stand out from the livestreaming crowds.
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