My Major Company UK
Encyclopedia
My Major Company UK is a Fan-funded music label (a subset of Crowd-funding) launched in the United Kingdom in October 2010. My Major Company UK are a Crowd-funding label which branch from the French Record Label, MyMajorCompany, established in 2008. MMCUK is headed by C.E.O Paul-Rene Albertini
Paul-Rene Albertini
Paul-René Albertini graduated from the Institut Superieur de Gestion and started his career in music in 1982 as a concert promoter and independent record producer in Paris. From 1984 he served as Polygram France’s International Label Manager and then in 1986 became Marketing Director for Barclay...

. It has several key differences from fan funding platforms such as Pledgemusic
Pledgemusic
PledgeMusic is an online Direct-to-Fan / Fan-funded music platform utilising a Threshold Pledge System / Provision Point Mechanism, launched in August 2009, that facilitates musicians reaching out to their fan-base to financially contribute to upcoming recordings or other musical projects...

, Kickstarter
Kickstarter
Kickstarter is an online threshold pledge system for funding creative projects. Kickstarter has funded a diverse array of endeavors, ranging from indie film and music to journalism, solar energy technology and food-related projects.-Model:...

 and Sellaband
Sellaband
Sellaband is a music website that allows artists to raise the money from their fans and the SellaBand community in order to record a professional album. It was set up by Johan Vosmeijer , Pim Betist , and Dagmar Heijmans in August 2006. Its offices are located in Amsterdam, Netherlands, but it was...

 which are :
  • Users are able to invest in artists for a return in album sales.

  • MMC not only acts as a platform for money to be raised but also operates as a fully functioning record label headed by industry professionals.

  • MyMajorCompany has its own A&R department responsible for finding and presenting the new acts in the UK to the public.

Timeline

  • 21 October - My Major Company officially launch in the UK
  • 25 October - Ivyrise collective investors raise £100,000, the amount required to become My Major Company’s first fully funded UK act.
  • 26 December - Some Velvet Morning raise £100,000 and become My Major Company’s second fully funded UK act.

Artists

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