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Where Indie Artists Get Everything
anonicon writes "From the same people who brought you the Web's first corrupt CDs tracking list comes the first site where independent musicians receive 100% of the money that fans pay for their music or merchandise (of course, after the credit card company takes their cut from the payment). More information can be had here or here."
Obligatory link to an article by Courtney Love:
Courtney Love does the math
The final score?
Band: $0.00
Record Label: $6,600,000.00
It's nice to see someone try to make it without the RIAA et al. I hope this kind of thing becomes more common.
People: Please support these guys even if you hate their music. If they turn a profit, other bands will follow suite.
I'm not Seth.
As for 0 artists, you're right. We launched about 36-48 hours ago, the idea's been in development for about 6 months.
:-) Remember, if there was no opportunity to stay in business, the idea wouldn't have been started. We're not interested in being a dot-bomb.
Per bandwidth, 300gb/mo is $95.00. If I need more, I can get 2tb/mo for about $600/mo.
As far as keeping 0%, that's absolutely no joke. When you pay for an artist's CD, the money moves from your bank through the processor (2CheckOut) directly to the artist. We keep nothing because we're not even in the payment stream.
My expenses for now are $10/month for cheap hosting. I think I can handle it.
Peace.