Amanda Palmer was a street mime by day, and one-half of the music duo The Dresden Dolls by night. On April 30, 1012, she and The Grand Theft Orchestra did something that no music artist had done before. They had put their newest album up as a Kickstarter project, and asked fans to pledge and donate only as much as they felt willing to part with to help support them. What should have had a limit of $100,000 had garnered a whopping $1,192,753. Amanda, her band, and her husband Neil Gaiman continue to sign albums, mail goody packages to fans, and play in homes ans at events of fans around the world who have pledged to support her album.
This risk had proven to be a successful gamble for her, and now shines as a big possibility for many other artists out there. Could this be the death of the recording label? No one knows for sure, but this could well be the future of the music industry.