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What is the status of current label situation on the music market? (pg. 16)
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| Storyteller |
| quote: | Originally posted by Raphie
ok, just to put things into perspective
100 units sold brings u 5$ if you publish yourself and whatever split (i.e. 50/50 = 2,50$) if you release via someone else their label. |
If you multiply the $'s times 10 you're close. Still isn't much but, then again, if you only sell 100 units either the artist or the label is .
You're bitter. I strongly believe you can create oppurtunities yourself by having a positive attitude towards life and the challenges you (want to) face. Music is still a multi billion-dollar industry, with a bit of common sense, marketing strategy and proper music you can surely get a piece of that cake. |
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| Raphie |
| quote: | Originally posted by Storyteller
If you multiply the $'s times 10 you're close. Still isn't much but, then again, if you only sell 100 units either the artist or the label is . |
so:
track is 1,20
half is for the store, leaves 60, half is for the label, leaves 30ct
so sell 1.000 units on 30cts is 300$
how many units did you sell of your most succesful track? |
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| Storyteller |
Couple of 1000 copies on compilations, couple of 10's on vinyl, couple of 100's mp3's. The tracks that did best are the:
Rue de Garr (Gareth Emery) - Soul Symbol (Tasadi & Storyteller Remix)
Tasadi & Storyteller - Saturn
All signed with bigger companies or associated with bigger artists which probably boosted the sales quite a bit. From the first I've only got a rough estimate, the other quite specific figures. There's a couple of more tracks that have been licensed to Armada and seemed to have picked up on sales/streams/compilations because of that. However, I still need to see the figures on that which takes too much whining since the actual label couldn't be bothered to respect their own contracts. I'm not up for whining.
The context of your example seems ever changing. Most people on here sale primarily on beatport which averages a bit below 2E on a sale, since most sales are right after the release. Digital labels use 50/50 a lot so that would be about 50cents a download. In my case it commonly is close to that. Just for digital downloads through Beatport though, but that is where the majority of my sales come from. So admittedly I'm , as I stated in my post before this one. However, I see people that are hardly known still manage to pull it together on just sales. It isn't all that bad when you get to gather the right people around you. |
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| Raphie |
No worries, I suck too :D my statements tell me a similar unit story, but at the end much lower on actual pay. For tracks signed to labels I've actually never seen jack .
My REBEAT reporting works out to avg of 5cts per unit (track) sold
some of that is beatport, as well as JUNO, Spotify streaming and iTunes.
I've sold a 1.013 individual tracks from my album for those who like my groove, released under my own label, moneywise barely worth the hassle.
so i hope for you the actual settlements work out financially as expected, I had similar expectations, but after costs breakdown ACTUAL payment was A LOT less. |
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| Storyteller |
| Yeah, I haven't really looking into streaming income at all. That is particularly unless you get great volume. I read this article a few months ago (may be couple of years already) about Lady Gaga getting a few $'s for over a million streams (found it). It's crazy. They say it is getting better though. Although streaming is certainly the way to go I think current platforms - Spotify, last.fm,etc - are flawed for several reasons. But I don't want to go there :). |
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| TranceLover007 |
Guys, I'm thinking big, much bigger (without going into details) then you are talking above, let say multiply you by 10, then by 10, then 10 and again ,,,,,,,,,,
This is where you will make money by having 100..... producers selling on your site and they will love that because majority of the profit will go to straight to them (let say around 70% for now)
Already talk to some producers from around the world and they are crazy about this idea, but we have some obstacles (from the legal perspective) which will have to consider before we can call good.
Cheers,
Darek |
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| Storyteller |
Question. What sets your concept apart from juno, beatport, trackitdown and every other edm specialized portal? And I mean that from a consumers perspective. You would need to be cheaper than all of them, provide better service, user-experience and have a bigger library in order to compete. To be able to get there in the online world you need scale, for scale you need huge investments. Even with 70% payout (like Itunes!) you'd not even be setting yourself apart. Then you need designers,programmers and infrastructure...
Talking with artists is good and all for input but without a solid businessplan, costefficient and trustworthy businessmodel and perspective itis destined to fail.
Unless you're radically different and better for the consumer - And not the artist - nobody will profit.
Oh and enven more importantly, you need label support since they own most of the rights out there. And then there are the copyright organisations... Not easy. |
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| tehlord |
| The server costs alone would be enourmous, let alone web design, admin, legal etc etc. |
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| TranceLover007 |
He,he,he... I know, is almost impossible the way you guys look it, sound really scary and legal have stuff lol - don't get me wrong, it is not going to be an easy task but is not that difficult to do that and manage basic operation on daily bases (again, without going into any details).
For now I need some more research on legal (contract) issue and scalable server/traffic support, the rest of the stuff I can figure out on my own or with some support from M.
Remember, I don't want to be the "one" who will tell the buyer who is the guy/artist/producer you should buy, I want the marker to tall me which of those artists/producers is the most popular at particular time, I want to be self regulated, almost like run by people (let's call that underground) where, even local artist with some local support of 1000 or more people (who wants/will buy them of course) will come and do their shopping because this would be only one place they will be able to find that/this artist or producer (damn it, no details lol) - so this is what make is so different and unique!!!
Cheers,
Darek |
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| TranceLover007 |
Remember guys - "Sky is the limit" and we have to overcome our mind barrier and self defense instinct which is always telling us: don't do it, it is almost impossible, too much work, too hard to achieve, too much risk is involve in this, ............
You have to be able to fall few times to finally find what you are looking for !!!!
Cheers,
Darek |
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| Storyteller |
| Good luck :). It sounds like a very tough job to pull off from what you did say. |
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| TranceLover007 |
| quote: | Originally posted by Storyteller
Good luck :). It sounds like a very tough job to pull off from what you did say. |
lol, initially "Fear has big eyes" but after that is just this "get it done" attitude lol - there is still a lot of research and planning going on activities + on top of that I have got my eye on really promising and good looking business opportunity so we will see guys, fingers cross lol, but I do really value your guys opinion and expertise on this subject as some of you already doing it on much smaller scale or tried to do something similar and for some reason didn't work out!!!
Cheers,
Darek |
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