The average big label band only keeps less than 1% of their cd sales (sometimes a lot less) To me this seems like a problem. We were trying to solve the problem by letting bands sell through stage.fm and keep 80%, but it just didn't seem to be enough. So we have decided to go out on a limb and let bands sell their songs through stage.fm and keep 100% of the cost of the song. The sites advertising revenue can cover the cost of processing credit cards. We also let bands choose the price, (which is good except everyone thinks they are worth more than they are.. hint.. hint...)
Our hope is that this will encourage more people to sell through stage.fm We are also big fans of free music, so we have made it so that only the free music shows up in the charts, so your best bet is to put up a few freebees to draw people in, then you can sell the rest. (Kind of like the radio singles/cd model) Anyway, as far as I know we are the first ones to do this. At the moment we are sell based on a credit system, however we have plans to move to a strait up purchase system like iTunes. (Also did we mention that we don't have drm.. DRM seems to be quickly going the way of the buffalo, and a lot of people buying songs don't want to have their rights limited in such a way.)
Thanks for everyone support
- Ryan
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5 comments:
Hi, I'm from the band emergency exit and I love this site by the way, but I can't figure out how you change the whole free/not free songs thing or how I adjust prices or anything of the sort. If anyone has any help, it would be much appreciated.
THANK YOU.
Brilliance...I really appreciate this move, as I think everyone does. Keep up the excellent work.
I've got a lot of respect for what you're doing, from one programmer/musician to another! Keep up the great work!
Blaise
http://stage.fm/fishkiss
hey Stout, good to see you blogging. i'll not be in Rome until this fall. hope you are well. peace to you, matt libra
awesome work you are doing here. Thank you so much.
I Just wanted to point out that right now it seems quite easy to abuse the chart system.
I would suggest adding mechanisms which would discourage people from building macros that bump their songs up
that would not only help further distinguish your service from the existing out there right now, but also help you reduce the unwanted server load
please keep up the amazing work!
cheers
-Alex
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