Behind the music: Funder pressure

Businesses are reluctant to invest in up-and-coming artists, and banks feel the same. Are bands worse off now than in the 80s?I recently attended an event by Music Mind Exchange that addressed alternative funding for artists. One of the panellists was Paul Bedford of Ingenious Ventures, a private equity company that invests in media and entertainment ventures. In the past, Ingenious has supported acts such as the Prodigy and Peter Gabriel. "We've also invested in lesser-known artists, but only t...

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