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What is the status of current label situation on the music market? (pg. 2)
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| DJ RANN |
Thanks guys, but that is really news.
Basically, for selling a few hundred tracks on beatport per release, you're lucking if you'll see enough enough to cover your rent for one week.
I've said for a long while that people should sell their own music through their own websites - there are enough cheap shopping cart and direct digital delivery providers that it won't cost much in the long run and it's especially worth it if you're someone that can sell a few dozen records per release.
I actually think demanding the the advance again is quite smart. I reckon every label will tell you to off, but it would make them actually go out and promote the track, rather than just slapping it on beatport and waiting for a few miserable sales to drip in that you'll never see any payment from anyway.
Imagine if everyone producing started asking for advances again - I reckon all those crappy little labels in bum nowhere would crawl back under the rocks from whence they came.
I remember back in the days of late vinyl, early digital downloads, bidding wars breaking out between labels to sign a particular track. One house track my mate wrote eventually got signed to defected due to a £6k advance. He then made a load on the compilation sales as the label put all their weight behind it (due to their outlay) and it was on about 15 different compilations across europe. |
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| MSZ |
| i know of this one guy, hes not super amazing, but he requires advances on his releases. honestly i can outproduce him sometimes. can someone tell me whats wrong with this idea? if a label is confident enough why cant they give you atleast a small advance? |
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| Beatflux |
| quote: | Originally posted by DJ RANN
Thanks guys, but that is really news.
Basically, for selling a few hundred tracks on beatport per release, you're lucking if you'll see enough enough to cover your rent for one week.
I've said for a long while that people should sell their own music through their own websites - there are enough cheap shopping cart and direct digital delivery providers that it won't cost much in the long run and it's especially worth it if you're someone that can sell a few dozen records per release.
I actually think demanding the the advance again is quite smart. I reckon every label will tell you to off, but it would make them actually go out and promote the track, rather than just slapping it on beatport and waiting for a few miserable sales to drip in that you'll never see any payment from anyway.
Imagine if everyone producing started asking for advances again - I reckon all those crappy little labels in bum nowhere would crawl back under the rocks from whence they came.
I remember back in the days of late vinyl, early digital downloads, bidding wars breaking out between labels to sign a particular track. One house track my mate wrote eventually got signed to defected due to a £6k advance. He then made a load on the compilation sales as the label put all their weight behind it (due to their outlay) and it was on about 15 different compilations across europe. |
Was there really more money being thrown around back then, or was it that there was a lot less musicians competing? |
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| EddieZilker |
| quote: | Originally posted by MSZ
i know of this one guy, hes not super amazing, but he requires advances on his releases. honestly i can outproduce him sometimes. can someone tell me whats wrong with this idea? if a label is confident enough why cant they give you atleast a small advance? |
I think you should do it and I think it's worth it to push everyone else to do it, as well. |
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| DJ RANN |
| quote: | Originally posted by Beatflux
Was there really more money being thrown around back then, or was it that there was a lot less musicians competing? |
Probably a bit of both, but I think you actually had way less labels, meaning that artists/producers wouldn't bother with tiny digital only labels. It meant labels made more money and therefore could chuck around more cash. Not that it's some rosy picture of yesteryear though, there were still tons of ty labels that would shaft you on tangible sales, but at least if you signed with something half decent, you'd get paid, or else their rep got tarnished, or I know in some cases, at last on the london scene, the owner of the label got a kicking.
I actually think the advance thing is the way to go the more I think about it. I just reckon a label has no argument to putting up a few hundred bucks if they want your track. Honestly, what possible reason to say no is there? If they don't think they'll be able to sell enough to recoup $200 then why are they signing it? At least you see something, and if it blows up, then you're all doing well.
I mean think about it - ANY business that sells property, has to fork out for something for the goods before they can sell it for profit. Why should labels be any different? At the moment, they get to sell your merchandise, made by you, with your time, equipment and effort, for free, then pay you (if you're lucky) in the event they happen to sell any of it. Most suppliers to retail in this world do not take back stock that hasn't sold.
it. Ask for an advance. The more labels get used to hearing it, the more they'll have to succumb. |
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| MSZ |
will probably have an reverse-effect. "naw we wont sign this guy anymore, hes looking for advances now, we'll just sign some next tier guy, his name is beatflux, he will do." but then again, that label doesnt seem worth it then does it?
the whole situation is just so frustrating. |
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| Beatflux |
| quote: | Originally posted by MSZ
will probably have an reverse-effect. "naw we wont sign this guy anymore, hes looking for advances now, we'll just sign some next tier guy, his name is beatflux, he will do." but then again, that label doesnt seem worth it then does it?
the whole situation is just so frustrating. |
You guys better be nice; I can under produce anyone here. |
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| cryophonik |
| quote: | Originally posted by EddieZilker
I've heard that most artist can expect $100.00 for a decent song off of sales from Beatport but I'm just thinking about the model here and it makes sense that if you have 500,000 songs by 50,000 artists signed to 5,000 labels, and one Beatport with 50% of the revenues the label earns, trickling back to the artist, each artist will have to sell 4000 records to earn 2000 dollars, every month, meaning that a total of 200,000,000 songs must be purchased every month for 50,000 artists to make a moderately livable wage. The mathematics just don't make any sense as far as sustainability is concerned. |
Yeah, no kidding. And, I don't know how typical my own experience is, but $100/release is in the ballpark. The only reason I occasionally send tracks to labels is to get it in the hands of more people. I view it as letting someone else to the legwork that I don't have the time, desire, or connections to do myself, and hopefully the singer will make a few bucks (I give all of our earnings to the singer). |
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| Normie |
| quote: | Originally posted by TranceLover007
Exactly, this is that basic idea!! -> now what you have to concentrate on is (from business perspective)is generating some traffic/get more people going through your site and how I can achieve that, well, there is a lot of possibility and options, for example, look how many people are member on this TA site, what about KVR, use FaceBook media strategy which allow them spread the massage very quickly using computers!!! --> guys I'm talking about like 70% profit goes to artist, the guy who deserve it the most --> I'm talking about us here -> can you imagine how motivating this would be if you know that most of the money goes to you????
It can be done!!!
Cheers,
Darek |
I was one of the guys who started www.Off-Road.com. It was once the #2 site for motorsports on the net behind only NASCAR. It was sold years ago, but still exists. Back then there was none of the current mania of Facebook and social networking sites. There was a man (men/women) and an idea. Your idea is great. It built commerce on the web. Then MySex happened and the model that worked for several years was abandoned. Why I'll never know, but sites that retained their 'identity' didn't suddenly vanish.
What I'm getting at is this. That model is successful because it works. The trend to Facebook base everything is moronic as you lose so much control (by "facebook everything I mean give up personal control and outsource much of your functionality to other businesses to handle.)
Get a site, promote that site ON facebook etc, but OWN IT. Direct people to your own content on your own site. Content is king. Good content rules the universe - whether thats songs, articles or you have another product you sell.
Be exclusive, not just another stop on a social site. People fly to Paris to shop for dresses because thats where the good stuff is. Give people a reason to fly to your own Paris. Think of it as 'Boutique' shopping.
Everything old is new again ;) |
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| TranceLover007 |
I think that we have, slow but solid stat to get something going on in here --> this "cash advance" is really good idea but I'm still exploring additional avenues.
As long as we can figure out cheap and easy way of getting serious traffic through this new webpage then the rest we should be able to do without any major issues. Lets call that "One place shopping" lol
Any more ideas???
Cheers,
Darek |
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| Normie |
| quote: | Originally posted by TranceLover007
I think that we have, slow but solid stat to get something going on in here --> advance is really good idea but I'm still exploring additional aveniues.
As long as we can figure out cheap and easy way of getting serious traffic through this new webpage then the rest we should be able to do without any major issues. Lets call that "One palce shopping" lol
Any more ideas???
Cheers,
Darek |
Make Hipsters love you. I'm serious. Make your product a trend. If it isn't, insist that it is ;) Tell them they can be into your new unique styff and all their friends will be jealous ;)
Seriously, Be 'Boutique' in attitude as well. "Cool" creates itself. And sells. What is Arimn/Armada and Tiesto if not an image? |
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| TranceLover007 |
Yea, weekend is comming and I will have anough time to sleep on this idea guys. In mean time look at one of our members site (Anaktatis), he builds everything himself and sells Soundbanks for Sylenth1, has same good names on his lists already like BluffMunkey and Rob Lee and have bunch of more in line, his site is http://www.aelyxaudio.com/
This is how we can start guys???
Darek |
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