Published at 2:00 PM on May 6, 2009

The Hector Fund Spearheads Financing for Next Linda Thompson Album

The Hector Fund Spearheads Financing for Next Linda Thompson Album

In these trying economic times, it's sometimes nice to have a little reminder you're not the only one hurting. Indeed, musicians could also use a little help.

Take Linda Thompson, for example. For her next album, she's started a fund to aid in the recording. A newly formed group called The Hector Fund, a self-described business comprised of three guys working from a basement, is helping with the fund-raising.

Says Thompson, "I'm trying to raise money so I can record the music, and be able to pay the excellent musicians, engineers and studios a fair wage and release the album to the public. So I am asking for financing--not charity (please save that for a more worthy cause)--but a business transaction. You, the audience, put up some money and I return the favor by sending you the music and much, much more!"

Thompson says she'd like to raise $50,000 total to cover everything and not have to sign herself into a binding contract. "You the audience can share in the experience of making my record with me and be the first to hear it when its done--and I get to stick it to "the man" (whoever passes for the 'man' these days) by working outside of the system."

Jake Brennan, CSO of The Hector Fund, cites the recent example of drummer Josh Freese and his intriguing marketing plan for his latest album, Since 1972. (Incidentally, someone took him up on the $20,000 package.)

In other Thompson news, the singer/songwriter has written a new track with her son, Teddy Thompson. You can download it here.

Related links:
TheHectorFund.com
News: Linda Thompson Gets Versatile
Review: Linda Thompson - Fashionably Late

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