In the spirit of creating a
fair and sustainable business model for artists and their relationship with the
recording industry, The Bugle Boy Foundation is taking a new approach based on
the value of GIVING FORWARD and the concept of TRUST. This
pioneering model removes the recording industry from the equation altogether and
allows the performance venue to invest in the musical stock of its choice.
The value of GIVING
FORWARD begins with private donations to the foundation from music lovers,
earmarked for a “Founder’s Choice” artist recipient. The selected artist is
then financially assisted in the production of a new studio recording. The
agreement will provide the artist with 100% ownership of the recording, held by
the artist to use as he or she chooses, for the advancement of their career.
The artist is also given guidance as needed to help assure the success of the
recording through mentorship and advice.
The concept of TRUST means that the artist becomes a member of the Bugle
Boy Foundation Talent Trust, and as such also accepts and agrees to continue
performing at The Bugle Boy throughout their growing career, and to pay a finite
sum of performance fees back to the foundation as detailed in the Bugle Boy
Foundation contract. The artist is also entrusted to play a key role in the
mentorship of the next “Founder’s Choice” recipient.
This is a full circle business model that creates sustainability for the artist, the venue and the future Founder’s Choice recipients. See our 2009 Talent Trust Recipient