The Magnatunes success
p2pnet.net News:- Customers want to support the artists.
It`s a simple statement and it comes from Magnatune`s John Buckman, quoted in an InsideBayArea story. But according to the Big Four record label cartel, millions upon millions of file sharers around the world want to do the exact opposite, which is why they`re downloading from the p2p networks instead of buying incredibly expensive mp3 downloads from corporate music sites back and supplied by the cartel.
However, Buckman is running a ragingly successful music business by Splitting all album and licensing sales with musicians 50-50, letting artists maintain the rights to their music, and allowing customers to hear an entire album before purchasing it.
Try before you buy?
Heresy !!!!
But to all intents and purposes, that`s what`s happening with p2p. Instead of being forced to lash out a large sums of money for CDs or DVDs only to find there are but one or two worthwhile songs, music lovers use p2p applications to download the songs of their choice, and then they buy if they like what they hear.
And they do buy, which is one of the reasons the cartel is being forced to admit DVD sales are coming along very nicely, thank you. Because while mp3s are fine for mobile players, they`re useless on an expensive, hi-fidelity system where all the ranges and nuances need to be heard. A CD or DVD (or vinyl record ; ) is necessary for that.
But, p2p file sharers are stealing and thieving and they`re all a bunch of sunsabitchin’ crooks and we`re gonna sue their phkn asses if that’s what it takes to make ‘em buy our stuff !!! scream the labels.
And while the RIAA continues to sue its customers and lock artists into restrictive long-term contracts, Magnatune is instead appealing to clients by providing them with something that is truly revolutionary: a choice, says InsideBayArea.
If you like what you hear, “download an album for as little as $5 (you pick the price), or buy a real CD, or license our music for commercial use,” says Buckman on his web site.
“Artists keep half of every purchase. And unlike most record labels, our artists keep all the rights to their music. No major label connections and no venture capital.
“We are not evil.”
That’s a fact – and in Podcasting News, Buckman points out Magnatune’s tracks are licensed with the CC Attribution-NonCommercial-ShareAlike license.
“If someone uses a Magnatune track in a podcast, what sort of attribution is appropriate?” – asked the post
“This is the attribution we look for,” Buckman responded: “Songname” by “Artistname” – http://magnatune.com/artists/artistpage
Stay tuned.
Something you think we should know? tips[at]p2pnet.net
See:-
InsideBayArea – Magnatune bucks industry trends, August 3, 2005
Podcasting News – Magnatune Embraces Podcasting
August 4th, 2005 at 5:52 pm
“respinded”?
Got spin on the brain
.
August 4th, 2005 at 6:09 pm
heh
Fixed.
Cheers!
August 4th, 2005 at 9:14 pm
I think your missing the true victims of p2p, the record executives, lawyers, and other industry workers who can no longer afford cocaine in the quantity they are used too. It’s a symptom of the true destructive power of p2p systems, some executive has spent all day leading on a spears-wantabe teenage girl(or boy) and they have to have sex without coke. I think i speak for all of the american people when I say p2p must be stoped before another execitive has to forego the extravegant lifestyle they deserve.
August 5th, 2005 at 4:11 am
HAHAHAHAHAHHAH LOVED IT!!!!!! Because it’s soooooo TRUE it’s FUNNY!!!!!!!!!!!!!!!!!!!!!!!!!!!!
August 5th, 2005 at 5:24 am
Just as long as Magnatunes isn’t publicly listed. If it is, i’m sure the cartels will quietly amass a controlling interest and implement a few policy changes to “bring it in line with the industry standard”.
Even if it’s not publicly listed i’m sure the cartels won’t stand idly by and just allow this company to ruin everything by not playing the game according to their rules.