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Magnatune - a Non-Evil Record Label?
jea6 writes "As seen on Fark and sure to intrest non-crossover Slashdotters, Magnatune is a record company with a catchy slogan. They highlight: 1) We're a record label. But we're not evil. 2) We call it 'try before you buy.' It's the shareware model applied to music. 3) Listen to hundreds of MP3'd albums from our artists. Or try our genre-based radio stations. 4) If you like what you hear, buy our music online for as little as $5 an album or license our music for commercial use. 5) Artists get a full 50% of the purchase price. And unlike most record labels, our artists keep their rights to their music. 6) Founded by musicians, for musicians. No major label connections. We are not evil. So if you are anti-RIAA (artist or consumer) and looking for an option (albeit a small option), this may be a start. The music is Creative Commons licensed, which is the brainchild of the eminent Lawrence Lessig."
If you have coke coming from faucet at home, how much would you pay for a bottle? "
Same amount I would pay for a bottle of water, probably.
Remember the days when Republicans were the party of fiscal responsibility?
One feature I think is extremely unique is that people can choose what they pay. From $5-18, and the recommended amount is $8.
Speaking at Defcon 12 - Credit Card Networks Revisted: Pen
Small independant labels that give their artists good royalties are nothing new. However, such a label coming up with an online music service that is actually *good* is new!
Let's compare this service to iTunes, the most popular current service.
Price:
iTunes - $0.99 per song
Magnatune - $5.00 an album
If it's a good album without crappy filler then Magnatune is the big winner here. Classical fans get a great deal, but pop fans may not, depending on the band. Overall, I'd give the edge to Magnatune, but not a big one.
Format:
iTunes - AAC with some annoying DRM
Magnatune - Uncompressed WAV's!!!
Absolutely no contest here. Finally an online music store has listened to audiophiles! They'd be smart to use a lossless compression format to save on their bandwidth costs though...
Ethics:
iTunes - Apple takes it's (big) cut and then the Artist's (frequently RIAA affiliated) label takes most of the rest.
Magnatune - The artist gets 50%!!!
Again, no contest. Instead of feeling guilty about fueling a powermad monster when you buy music you can feel good about supporting the people who actually made it!
Selection:
iTunes: Lots
Magnatune: Not a lot
iTunes is the clear winner here.
To sum up, you get more for your money with magnatunes, including peace of mind. You just can't get many albums there... yet. If magnatune manages to get off the ground that may change, but they have a long road ahead of them. Their biggest challenge is getting more content. In my opinion they need to forge alliances with other like-minded independant labels. There are a lot out there, but many use mail-order as their only form of distribution! Magnatunes needs to get these labels on board pronto.
They may not be evil, but they may not be too smart either.
When I went to buy one of their albums, Magnatune wanted me to type my credit card number on a NON-SSL page. Naturally, my attempted purchase ended right there. $5 to Magnatune and $5000 to man-in-the-middle hacker is not cheap.
According to Magnatune's "forum", they plan to add SSL "in a few days". That this wasn't a higher priority makes me very worried; even if they do set up SSL, it suggests they might not be too careful with say, customer lists and credit card numbers.
And there doesn't appear to be way to search through the albums for sale.
Still, Magnatune's a step in the right direction.
Opinions on the Twiddler2 hand-held keyboard?
Things look better now, but still sluggish. (at least it's still working).
I've moved all graphics to my secondary server, running Squid. That helped Apache, but graphics are taking some time to come up. I'm bringing up another squid server now.
Audio streaming seems to be working ok (at least for me)
And THANKS for all the kind words on this thread (I'll respond to them once I get the servers running fast)
- John (the Magnatune guy)