BEST TRADE Phoenix 2006 - Jody Gnant's Recording Contract
When word about the red paper clip trading frenzy hit national media outlets, including Good Morning America, World News Tonight, and National Public Radio, it brought Valley musician Jody Gnant into the national spotlight. A year ago, a light bulb went off in the head of Kyle MacDonald, an enterprising young Canadian who wanted to trade a thin piece of metal for a home of his own. Using the Internet as a bartering tool, he slowly made trades for bigger and better items. His first trade was a fish-shaped pen, the seventh exchange was a snowmobile, and by his 10th trade, he held a recording contract, a dream for the folk singer-songwriter Gnant. She e-mailed MacDonald through his Web site, www.oneredpaperclip.blogspot.com, and offered one free year of shelter in her 1920s-era Garfield neighborhood duplex. He accepted, flew out, and they made the swap at high noon on a warm April afternoon. Jody's recording contract includes 30 hours of recording time, 50 hours of mixing, and transportation to and from the Toronto studio. The album will be pitched to record execs for Sony and XM Radio. And to think MacDonald chose a Valley lease over a 24-hour lap-dance-a-thon from a stripper in Japan.