Spin Doctors
Consider taking this compact disc company's stock for a spin.
Think of it as a noteworthy endeavor. "We scour the country
looking for up-and-coming bands," says John Wanzung,
co-founder of Chicago-based Fresh Tracks. "We're trying to
get this music into people's hands."
And so they do. Along with partner Kip Schaumloffel, 28, the
29-year-old Wanzung is hitting it big with a subscriber-based music
service that sends out monthly compact discs in much the same way
that beer-of-the-month clubs dole out bottles of brew. Their secret
formula? The two entrepreneurs--both of whom possess music industry
backgrounds--sell their 3,000 subscribers recordings of promising
alternative and "roots rock" artists who have yet to hit
it big. "Basically," Wanzung says, "it's an
insider's guide to finding out who the next big bands are going
to be."
Naturally, Wanzung and Schaumloffel rely on their own
experiences and musical instincts to point them in the direction of
the next, say, Dave Matthews Band or Pearl Jam. Equally important,
if not more so, is the networking they do with local disc jockeys,
music industry representatives and the like. All told, Wanzung
estimates Fresh Tracks receives between 30 and 35 new-act
submissions weekly.
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So what determines which bands make the final cut? Aside from
the obvious (and intangible) matter of personal taste, Wanzung and
Schaumloffel also travel extensively to clubs to see how well
prospective bands connect with live audiences. "Our
goal," says Wanzung, "is to work with as many bands as we
can."
And, not coincidentally, to expand Fresh Tracks' list of
subscribers. Hoping to boast something to the tune of 20,000
subscribers by year-end, Wanzung sees his year-old company as
filling the gap between artists in heavy rotation on radio airwaves
and artists who get no mainstream play whatsoever. "We're
definitely trying to create a community for the fans and for the
bands," he says. "We're really excited about
it."