GameGuy369
join:2004-07-09
Olathe, KS
clubs: | Yea but
I see what their saying, but I have a feeling less would be donated if it didnt stand out like a sore thumb (for being free)
If that made any sense... it makes sense in my head at least. |
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woodward
XMission Broadband
VIP
join:2000-12-28
Salt Lake City, UT | Another persective
Tent Reznor has just posted some interesting comments on »nin.com about his recent experience with online digital sales for an unsigned artist. Quite relevant to this discussion. |
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james
join:2001-02-26
antarctica
| reply to GameGuy369
Re: Yea but
I'd rather send an artist $5 over paypal for downloading their Album than have 5 cents go to them through the RIAA for buying their CD.
If you think about it, a single internet purchase has the potential to make the artist more money than tens or hundreds of CD sales. |
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robertfl
Premium
join:2005-10-10
Mary Esther, FL | What format?
If I were to purchase something online, give me the .wav not a compressed mp3 This is a good idea but it's not near cd quality.
-Rob |
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Dogfather
Premium
join:2007-12-26
Laguna Hills, CA | The thing is...
...even if they get less money, selling direct they're cutting out a lot of the middlemen who eat up the margin. |
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McSummation
Mmmm, Zeebas Are Tastee.
Premium,MVM
join:2003-08-13
Round Rock, TX | reply to woodward
Re: Another persective
I found Trent's discussion quite revealing. I wonder how the artist's income from the 2 albums compared. |
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PenniesWOThought
@verizon.net
| pennies can add up...
People will gladly pay $600+ a share for Google stock. If google can earn $ Millions $ pennies at a time.. why can't content industries? Probably because their eyes are the the hundreds of $ Billions $ .... greed prevails, but then again, so does piracy. |
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AnonProxy
Proxy of Anon
Premium
join:2001-05-12
ß | It's simple
If the donations don't cover the cost of making the movie, and the movie doesn't turn a profit...it doesn't matter ONE BIT how generous the various donations are.
This same kind of thinking led to that crazy thing called the dotcom bust. |
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Corehhi
join:2002-01-28
Bluffton, SC | Movies fail to make a profit all the time. The real money makers tend to be the low budget ones. |
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NYDude25
join:2007-08-23
Massapequa, NY
| But...
Many of these artists are already well known thanks to their labels giving them a start years ago.
To truly compare how much an artist would make comparing this "donation" system to the current label method, the artist would have to be an unknown. They would have to create enough buzz on their own to solicit thousands of donations without the help from a record label...like without radio airplay, concert tours, and other promotions. |
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Transmaster
Don't Blame Me I Voted For Bill and Opus
join:2001-06-20
Cheyenne, WY
 ·Qwest.net
1 edit | reply to Corehhi
Re: It's simple
said by Corehhi  :Movies fail to make a profit all the time. The real money makers tend to be the low budget ones. Because of the creative book keeping the IRS lets Hollywood use no movie has ever made a profit.
However the IRS still get it's share from the income taxes paid by all of the people who make their living from the production and marketing of these movies.
--
Eat pork chops for Allah! |
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AnonProxy
Proxy of Anon
Premium
join:2001-05-12
ß
| reply to Corehhi
You are absolutely incorrect.
Read the profit and loss statement from any studio, movies and the studios make money all the time.
Either in actual ticket sales, DVD sales, merchandising, rebroadcast profits, whatever.
For example (in fairly round numbers)
The budget for Titanic $200MM
The World Wide Gross (all sales) $1,835MM
Profit $718MM
That profit is a booked profit, a reported studio profit, now show my a low budget film that has an IRS booked profit of $718MM. Also explain to me how booking $718MM is not making a profit at all.
Now if you are saying that there is a higher profit to budget ratio with low budget films, you would actually have to prove it with real numbers. I would say that there certainly are some, but the exception doesn't prove the rule. |
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supergirl
join:2007-03-20
Pensacola, FL | reply to robertfl
Re: What format?
A .wav file would be like a 50mb for a 5 minute song. |
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supergirl
join:2007-03-20
Pensacola, FL
 ·Cox VOIP
·Skype
 ·Cox HSI
·AT&T Southeast
·magicjack.com
| reply to GameGuy369
Re: Yea but
The download and pay if you like idea might work for well-known bands but not movies. Gee, the stupidity of these people.  
--
Saving the world keeps me busy. However, I find Earth very primitive from my home planet of Krypton.
-Supergirl |
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Transmaster
Don't Blame Me I Voted For Bill and Opus
join:2001-06-20
Cheyenne, WY
·Qwest.net
| reply to AnonProxy
Re: It's simple
No you apparently don't understand, yes the do make money but it is their accounting that always shows they just break even.
When I said they don't make money I meant they don't make what the IRS calls a profit.
--
Eat pork chops for Allah! |
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Emiya
join:2006-03-30
Southington, OH | reply to PenniesWOThought
Re: pennies can add up...
Because there is no possibility that a mp3 will be worth 50000x what you paid for it in a year. |
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ominae
join:2003-05-11
Columbus, OH
| reply to AnonProxy
Re: It's simple
True, but we're talking about economies of scale. How much you need to make to turn a profit is directly related to how much it costs to produce your product. I think this idea works a lot better for music than it does movies. The musician and moviemaker both have a vision in their heads (which, by the way, costs nothing), but with technology it takes far less investment to translate that vision to reality for a musician than a moviemaker. Imagine a band that produces and records an album for $5k in a garage or local studio. The next step is to get it to an audience. It would be far easier with a record company's promotional contacts, but it's still possible. By doing it independently you cut a lot of people out of the process of making an album (or any other product) meaning fewer people to pay, lower prices for consumers and more profit for yourself. Of course, it would help if the music didn't suck. And for $5k, most people could cover the cost by holding a day job. |
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Emiya
join:2006-03-30
Southington, OH | reply to NYDude25
Re: But...
You forgot the fact that an 'unknown' band probably doesn't have the money needed to produce the songs to begin with. Studio time is not free. |
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SRFireside
join:2001-01-19
Houston, TX
| These days you don't really need a professional studio to produce songs. For less (sometimes WAY less) than $1000 an artist can have just about all of the necessary signal recording and processing installed inside a single PC. Of course there is no counting for engineering skills, but that too can be learned. |
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