Hi,
Thanks for sharing this, unfortunately from personal experience I don't have much faith left in monetizing music no matter how you slice the pie or how much lipstick you put on the pig.. People are now just plain used to getting music for free or in the case of Spotify (and all other streaming services) for a very low subscription fee which yes...rips off the artist.
I've released 2 albums in the last 2 years using 'CD Baby' which sets up both physical CD and Digital Download sales pretty much anywhere that's anywhere in Digital music retailing... iTunes, Google Play, Spotify, Amazon... you get the idea. With both albums I have yet to make back my initial $89.00 fee to CD Baby... Now you may say "well obviously your music sucks!" or "you didn't try to promote it enough" since I am just a guy posting this on a mailing list that is a possibility but please indulge me with the benefit of the doubt, In truth I know several close accomplished musician friends who are telling me the exact same story and some of these people work full-time on their music careers and have managed to have short lived radio success. Even flogging CD's at gigs isn't anything like it used to be, I've played festivals and large summer outdoor gigs to hundreds of people who are really digging the music and hollering for encores but am lucky to sell 5 CD's, at a couple of gigs I actually gave them away to people who came up to the stage to say hi and how much they enjoyed show and they just look at the CD with a "Where am I supposed to put this!?" look on their face. I understand that Resonate doesn't do physical CD's, I'm talking about the larger principle that you can't GIVE people what they DON'T want whether it's CD's, streams or downloads.
Most people who aren't diehard music collectors or hipsters see CD's as junk, they see iTunes, Google, and Amazon selling songs for $0.99 as outrageously old-fashioned, pedantic and expensive and are willing to pay subscription fees for Spotify, iTunes radio, Google Play Music, simply because 99% of their computing time is spent on a mobile and they want an established, affordable and mobile-friendly way to get instant musical gratification. Resonate will possibly appeal to the guilt-complexes of artists supporting artists because they know how much of a rip-off Spotify is but really there is just not the time, altruism and keen ambition to learn about something new out there in the general population, with Trump, Climate change, ISIS and all the rest the financial welfare of musicians is not even on their radar.
----- Original Message -----
From: "Patrick Shirkey" <pshirkey@xxxxxxxxxxxxxxxxx>
To: "linux-audio-user" <linux-audio-user@xxxxxxxxxxxxxxxxxxxx>
Cc:
Sent: Wed, 29 Mar 2017 16:27:42 +0200
Subject: Re: #stream2own
> Thanks for introducing this. Very interesting.
>
> I do like their idea, but I did not like the fact that they did not
> mention
> Bandcamp. Comparing to Spotify is fairly easy, but Bandcamp does not have
> a
> subscription model. How do they compare to Bandcamp? I mean, I am selling
> something at Bandcamp and the good thing about it is that the price is not
> fixed.
>
> Either way, I am very much willing to try them.
>
IIUC they are planning to expand the pricing options after they have
solidified the core stream2own model.
In terms of comparing to Bandcamp I think the services are mutually
compatible. Bandcamp offers a viable sales model and is doing a lot for
indie artists/producers. They are also actively monitoring hte progress
and will most likely adopt the stream to own model if they see it working
out with Resonate.
The stream2own model hasn't been fully proven yet so it's a bit hard to
say how it will stack up against Bandcamp earnings. The main point is that
the option is now available for artists and producers to join in the fun
and find out for themselves.
>
>
> On Tue, Mar 28, 2017 at 10:46 PM, Patrick Shirkey <
> pshirkey@xxxxxxxxxxxxxxxxx> wrote:
>
>> Hi,
>>
>> Bigups to @NovaDeviator
>>
>> Some of you might be interested in a new distribution system for your
>> music based on the #stream2own mechanism.
>>
>> http://resonate.is
>>
>> #stream2own aims to give listeners and artists a fair deal. Each paid
>> stream cost exponentially more upto the 9th stream and then the track is
>> owned by the listener and they can download the track or stream for
>> free.
>> A fully paid track costs E1.25.
>>
>> Artists who upload tracks get access to the beta program to start
>> earning
>> credits immediately.*
>>
>> Resonate is a co-op where all the shareholders get one vote independent
>> of
>> the number of shares owned AND artists, fans are also eligible for a
>> share
>> of the profits. It's a new paradigm for music distribution where the
>> goal
>> is to fairly reimburse artists/producers for their hard work instead of
>> enabling a few board members to get 6 figure salaries and private
>> yachts/jets/etc...
>>
>> * Artists earn 70% of every paid stream of their tracks. have voting
>> rights and also get access to a portion of the total profits.
>>
>>
>>
>> --
>> Patrick Shirkey
>> Boost Hardware Ltd
>>
>> _______________________________________________
>> Linux-audio-user mailing list
>> Linux-audio-user@xxxxxxxxxxxxxxxxxxxx
>> http://lists.linuxaudio.org/listinfo/linux-audio-user
>>
>
>
>
> --
> Louigi Verona
> http://www.louigiverona.com/
>
--
Patrick Shirkey
Boost Hardware Ltd
_______________________________________________
Linux-audio-user mailing list
Linux-audio-user@xxxxxxxxxxxxxxxxxxxx
http://lists.linuxaudio.org/listinfo/linux-audio-user
|
