Quote:
Originally Posted by rocknation
You shouldn't invest anything purely out of the goodness of your heart, only out of what appears to be a better than even chance that you'll turn a profit. But you're right -- as even the mighty Jon Bon Jovi has learned, the business of the music business is business.
With no organized record label support, Matt-O has only online streaming for income-generating levels of airplay. He's been around since 1994, and he's spent the bulk of that time opening for the likes of Foreigner, Kansas, Buddy Guy, Mountain, Blues Traveler, Robin Trower, Blue Oyster Cult, Johnny Winter, and Dickie Betts. But even with the surge in publicity and gigs stemming from the Bon Jovi Asian mini-tour, Matt-O has a grand total of 314 subscribers on Spotify, SoundCloud, and YouTube combined. And according to his bio, it's actually been closer to ten years since he last released an original studio album.
Which brings us to the bottom line: IS Matt O'Ree currently worth $40,000? Given his age, musical subgenre, probability of being in serious debt (I found only one other IndieGoGo band who asked for more money), and lack of A-list connections, no -- not even in crowdfunding money. Not unless his plans for the album include a unique breakthrough edge to his sound that can get him noticed by a record label and played on mainstream or hard rock radio.
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Absolutely agreed. I think with his entrance into the Bon Jovi world, where the average fan is...a-hem...more inclined to buy anything the band is involved with, he's playing his cards smartly.