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From:
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Date:
Wed, 24 Aug 2005 07:22:07 -0500
Subject:
Re: [idm] about music and money
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On Wed, Aug 24, 2005 at 02:10:10PM +0200, Enaomi18 wrote:
quoted 8 lines Speaking of artists getting their fair share of sales of recorded music, I> Speaking of artists getting their fair share of sales of recorded music, I > would like to ask a few questions to everyone. > > > Anyway, we would like to offer 30 cents of each track to artists and 40 > cents to labels. Then, we would offer about $2.50 for albums to artists and > $3.20 to labels. These figures would be roughly 30% of each sale to the > artists and 40% to the labels.
if i'm reading this right, it means 30c of each sale goes to the artist, and another 40c to the label. if i'm misreading it, it means an independant artist gets 30c, while an artist with a label gets 40c to split between them? i'm assuming it's the former, anyway... my first observation is that this is about the same as itunes, except the proportions are different. my primary question to this model, whether through them or you, is... what exactly is the label doing to justify getting the lion's share of the money? if you're distributing it, and this is for "independent" artists/labels, so it's not like people are picking up on any big corporate branding, then all i see the label doing is sitting in the middle soaking up money. do they give big advances to the artists to facilitate recording? no, they're a small independent label. do they give lots of marketing and promotion? no, they're a small independent label. do they distribute the records? well, maybe, by themselves, but under this model, you would be doing the distribution. this seems ridiculous to me, so much money is wasted on something that as far as i can see, has no relevance to creating the music, or getting it to people who will listen. fuck the label, contact artists directly through mediums like this, make sure they get the best return for their creativity that they can. as a sometime artist, i don't see the need for any intermediaries anymore. i can sell tracks myself with a website and paypal. i can get some more exposure by going on itunes, or another store. i see no need for a label in that scenario. as a consumer, i would rather know the artist is getting the bulk of the money, not that it's being decimated by a bunch of middlemen. david -- --------------------------------------------------------------------- To unsubscribe, e-mail: idm-unsubscribe@hyperreal.org For additional commands, e-mail: idm-help@hyperreal.org