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| UPDATED: 2009-01-09 |
 MyMajorCompany Gets $4.1 Million 
By: Bruce Houghton 2009-01-09 MyMajorCompany, which like Sellaband and others empowers fans to finance recordings for artists they like, has received a $4.1 million... ...investment from Stephane Courbit, a former Endemol France executive in return for a 49% stake in the company. The funds will be used to expand the French based service into the UK. Former EMI CEP Alain Levy is also advisor to the company. MyMajorCompany fans have already funded a single from Gregoire, whose album went on to sell 240,000 copies. Next up is a release from Agonie financed by $95,400 from fans... Comments Tag: fan funded releases Add to  Del.icio.us |  Digg |  Reddit |  Furl About the Author: Bruce Houghton is a 25 year music industry veteran who owns booking agency Skyline Music and the tour marketing company Skyline Innovations. http://www.hypebot.com |
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