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Will MP3.com make you a rock star?
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Singing the MP3 blues Why any musician would think that simply putting his or her music online would give them "exposure," I cannot imagine. Anyone who has been on the Internet for
more than 10 minutes knows that there are millions upon millions of
things to see or do or listen to for every minute of possible viewing
time. With thousands of musicians with identical-sounding music and
equally ironic/random names, how is anyone supposed to choose? -- Mark Solomon Not all musicians measure success by
CD sales to perfect strangers on a national or international scale
anymore. Not every recording artist is young, single and
struggling to "make it" in music. In fact, with the advent of home digital
recording, many 40-something musicians can now record the album
of their dreams without giving up their computer consulting businesses or
their IRAs or their children's schools (or even their grandchildren's). Many of these career musicians set up expensive home studios and produce quality music for the ultimate reason: self-satisfaction. Therein lies the true
genius of MP3.com: They'll host your music with bio and links and a credit
card transaction service in a site that's guaranteed both to not cost you
a penny and to get you heard by somebody, even if it's nobody important. You might even sell
a copy, even if it's only to your mother, without costing you zip. And if you happen to have a band that plays gigs, you put your MP3.com site on your publicity and you no longer have
to mail out demo tapes. I sold about a dozen of my piano albums
with very little effort and no cost in my first few months at MP3.com, and reaped a good number of gigs by having an easy site for my private-party clients to find and listen to my music. And I have a friend who sold an average of 100 CDs a month this past summer by targeting
specific country-music newsgroups with ads for his country-blues MP3.com
site. I don't think we're exceptional. And BMI wasn't searching for a
place to mail either of us our royalty checks before MP3.com either. -- Jim Eshleman When an artist signs up at MP3.com, the contract states that the artist will be paid at the end of each business quarter -- unless the total amount due at the end of a quarter has not
exceeded $50, in which case the payment will be held until the first quarter that the artist's due payment has reached $50. What this means: Since
MP3.com shares revenue 50/50 with the artist, an artist must sell at
least $101 before they "earn" 50 bucks. So, a band could sell 97
songs at a buck each, and never get paid. Who keeps the cash? Mp3.com,
of course! -- Abbey Smith One of the principal problems with actually buying CDs from MP3.com is
that they are still too expensive. MP3.com has several artists whose work I would like to collect, but their CDs still cost about $10; call that $15 Canadian. After I get past the initial cost, plus any shipping cost, plus Canadian federal sales tax (7 percent) plus an extortionate $5 (Canadian) "handling fee" from Canada Customs, I am looking at a final bill of well over $20 Canadian -- quite a bit more than the cost of a store-bought CD (usually $16 to $18 Canadian). That's a problem. The key is to sell the CDs cheap and stay away from middlemen. Get the
price down -- below the cost of at-the-store CDs -- and online artists will
sell plenty more than one CD per month. -- David T. Anderson Emily Vander Veer's article contains a slight inaccuracy about the
music business when she states, "In exchange for the high percentage they
make off CD sales, record companies fork out big bucks. They pay for a CD
to be recorded, mixed, mastered and pressed and they pay to develop the
artwork and promote the finished recording." Those costs are initially paid by the record labels, but most (especially
recording costs) are considered recoupable, and paid as an advance against
future royalties payable to the artist. If the artist doesn't sell enough
CDs to cover these costs out of their cut, they receive no money from the
label, though they don't owe the difference to the label, either. -- Rebecca Luxford
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