LaunchALabel.com

LaunchALabel.com will bring together 50,000 music fans to launch and run their own record label. These 50,000 fans will choose the label's name and the first 5 bands to sign to record contracts worth $200,000 each. From there they will have input into every aspect of how to market and promote the label and its artists. Joining LaunchALabel.com is free until 50,000 members have joined and expressed interest in being a part of music history. Once that threshold is reached, each of those members will be required to pay $25 for access to the nomination and voting area. In sum, this will raise $1.25 million to sign bands and to pay for expenses including office space and staff