The New Orleans based label Threadhead Records raises funds for recording and releasing CDs, but te act in queation is required to pay the money back within a year. Apart from that, the act promises to remit an amount to one of the charities that supports music life in New Orleans.
That amount is ten per cent of the total amount raised, but the act pays that itself: it is not deducted from the money lent from fans.
Threadhead Records’ profile: Continue reading