Kevin Kelly has a great post over at his blog on a possible new business model for artists. The basic idea is that in order to make a living as a musician, you need 1,000 true fans who will buy anything you put out. This number increases proportionally with the more people you have in your group.
While “1,000 Fans” is more of a catchy nomenclature than a hard and fast rule, the general idea is very intriguing. We’re truly moving away from a superstar-only oriented music industry into a more niche-based one that can accommodate many successful artists.
Read “1,000 True Fans” [kk.org]