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Beatport Sales?
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| ClearVision |
| How much do you figure beatport makes off the sale of your average trance tune? Perhaps not something off of monster labels such as Anjunabeats or Armada... but a small/respectable label such as Captured, Conspiracy, AVA, etc. |
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| jupiterone |
| more than the person who actually made the song |
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| Ben Brown |
yea, buttloads.
think about this .. beatport requires each label to produce, what, $300 in gross sales a quarter?
multiply that by the currently 8,849 labels listed = 2,654,700 gross sales/qtr
say BP takes on avg 20% (guesstimate) -> $500,000 + per quarter.
that's if each label hits MINIMUM.. doesn't account for labels selling well over the requirement (i.e. the people selling consistently in top100), so i'm confident its way way more.
nice little business :) |
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| DjArTiN! |
| dammmmmm, plus beatport is doing hip hop too on beatsource |
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| basilisk |
| I am very interested in finding reliable sales figures for individual songs on Beatport... particularly psytrance songs. But in the business world it is easier to keep this sort of information under wraps and fuel speculation... |
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| saltytheseagull |
| Good reason for them to abolish or at least reduce the outrageous wav handling fee. |
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| RJT |
| quote: | Originally posted by Ben Brown
nice little business :) |
Nice for them I'm sure, but how nice is it from your end? Seneca's? Any label or artist? Better yet, how is it for any label or artist who isn't on Armada, m_nus, or any number of other well established and highly profitable Beatport labels?
:conf:
I ask only because I don't know. Seems they do well at keeping the same names and labels near the top (obvious no doubt - this is a business after all, the point of which is to make money), but I really have no idea how well or poorly it benefits those who perhaps aren't at or near the top of the "I'm connected" pile.
I've had little doubt as to how much money Beatport makes for quite some time - whether or not I think that's a good or bad thing for the EDM scene in general is a bit less clear. |
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| Sadface |
| quote: | Originally posted by RJT
Nice for them I'm sure, but how nice is it from your end? Seneca's? Any label or artist? Better yet, how is it for any label or artist who isn't on Armada, m_nus, or any number of other well established and highly profitable Beatport labels?
:conf:
I ask only because I don't know. Seems they do well at keeping the same names and labels near the top (obvious no doubt - this is a business after all, the point of which is to make money), but I really have no idea how well or poorly it benefits those who perhaps aren't at or near the top of the "I'm connected" pile.
I've had little doubt as to how much money Beatport makes for quite some time - whether or not I think that's a good or bad thing for the EDM scene in general is a bit less clear. |
I think that beatport rewards sales more than anything else, so in some sense, the big labels have "earned" their good ad placement on beatport's site, so its not necessarily just "hooking up their friends." Quite frequently I will see relatively lesser known artists and labels who have big hits which get little to no promotion at all. Later, I will see big ads for those artists when they release something new. Ultimately, Beatport is still just a download store, and it really doesn't have control over the tastes of EDM listeners, instead it has to respond to them. And to keep things in perspective, It's still MUCH better for everyone (small labels and consumers) than vinyl was. |
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| RJT |
| quote: | Originally posted by Sadface
I think that beatport rewards sales more than anything else, so in some sense, the big labels have "earned" their good ad placement on beatport's site, so its not necessarily just "hooking up their friends." Quite frequently I will see relatively lesser known artists and labels who have big hits which get little to no promotion at all. Later, I will see big ads for those artists when they release something new. Ultimately, Beatport is still just a download store, and it really doesn't have control over the tastes of EDM listeners, instead it has to respond to them. And to keep things in perspective, It's still MUCH better for everyone (small labels and consumers) than vinyl was. |
I didn't think I said anything about "hooking up their friends." :conf: |
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| Sadface |
| quote: | Originally posted by RJT
I didn't think I said anything about "hooking up their friends." :conf: |
Thats basically what I thought you meant when you talked about the "I'm Connected pile." |
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| RJT |
| quote: | Originally posted by Sadface
Thats basically what I thought you meant when you talked about the "I'm Connected pile." |
I don't think there's any arguing that there are a lot of "staple" labels on Beatport and that being connected to them (buddies or not) means sales for Beatport and promotion for the artist, which is obviously win-win, but I wonder as to whether or not it narrows the focus of EDM in general as well.
Really it's no different than the Pop v. Indie debate in mainstream music - but I definitely did not mean "we're bros, sort me out", sorry for the confusion. |
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