Money for nothin, but the equity ain’t free

On Monday evening I went to First Monday, a music industry networking night run by Sybill Bell, who manages the rather excellent Post War Years.

Much of the talk was not about doing label deals, but how to raise money for the artists to do it themselves.

Recording and distribution seemed not to much of an issue for them (one manger had an act who have already made £4K from selling their demos on i...