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MIT on Comics and Micropayments
Snotty Pippen writes "Henry Jenkins, Chair of MIT's Comparative Media Department, has posted 'Comics
and Micropayments: An Interview with Todd Allen.' Todd Allen is a
professor/consultant with a
book on the business
of comics. The two discuss a number of online business models and web
comics, ranging from the print-to-web migrants like
Girl Genius and
Finder to the print-to-web download
of Flying Friar; the long tail as a
driving source for reprints & back-issues; and PayPal's effect on micropayments.
All-in-all, a fairly comprehensive round-up of the industry."
init 11 - for when you need that edge.
If you have not read Finder then you are missing the best thing going on in independent comics today. Aboriginal Sci-Fi, set in a future world with a mix of technology and industrial-age mentalities. It helps to read everything in order, and only the recent stuff is available online. If you don't want to start with the big 2-book, 14-issue trade paperback that begins the whole set (called "Sin-Eater"), let me recommend just purchasing "King of the Cats", or seeing if your local library has it. It's her best book, just four issues, and is almost guaranteed to get you hooked. I've been reading this title now for close to years, since it first started, and it's the only thing I continually come back to, month after month.
modern choral music...
You guys forgot "web to print". Song of Songs is made by an independant Toronto artist. He has been making the comic and posting the pages online for people to download for quite a long time. Now that the pages are all done it has been printed up and it's selling in stores around Toronto.
It's completely independant, so it will be interesting to see how successful it is outside Toronto and internationally.
http://songofsongsthecomicbook.com/
(I'm not affiliated with the kid in any way. Just posting AC because I don't have an account.)
...really isn't valid, from my point of view. You can download a stand-alone, complete song from iTMS for $0.99. Do most cartoonists who use micropayments give you the entire issue/volume/story for that price? I know McCloud sells the entirety of The Right Number (http://scottmccloud.com/comics/trn/intro.html) for $0.25, but I'm not sure about other artists. If they don't sell the entire issue for a small price, the analogy falls apart, since you're not getting something stand-alone for a micropayment. I also think the iTMS analogy is invalid in that music is not a niche market, while webcomics still are, for the most part. Personally (as a webcartoonist), I don't think micropayments are a viable means of "making a living", but some cash can be made. This reminds me of a quote, either by Jerry Holkins or Jon Rosenberg, that basically stated that if someone was willing to pay $0.15 for a comic, they'd pay $3.00.
Seriously, I've seen some really good comics die online because the author didn't keep a regular update scheculd. VG Cats almost went this way, but managed to recover.
The simple truth is that interstellar distances will not fit into the human imagination
- Douglas Adams
As mentioned in the article, BitPass requires you to put a minimum of $3 into your account when you open it. Obviously this seems stupid if you only want to spend a nickel. I understand BitPass's plight--it probably costs them a minimum $0.30-0.40 in fees to process a credit card. However, If you remember the early days of Paypal, they burned through some serious VC funds by basically throwing millions at people to get them to signup. It worked and paid off in spades big time. If BitPass wants to ever be a contender, they're going to have accept the fact that they'll need to bleed money for a year or two.
Entrepreneur : (noun), French for "unemployed"
...you need more sleep when you glance at a Slashdot title and see: "MIT on Chronic and Micropayments" Skochie Bochies! :)
...to flesh out the end of a very long tail. ;-)
Just yesterday I read an announcement about a new service called Drive Thru Comics. Like the interview, they're describing it in terms of iTMS.
Not surprisingly, it's mostly small-press, but there are at least some names I recognize.
From what I've seen (I read ~100 webcomics on a regular basis), the most successful, money-wise, webcomic artists are the ones that don't use micro-payments. Despite all the comics I read, I don't read any that require micropayments, because I could never get enough into the comic to justify it. If a comic I already enjoyed moved to micropayments, I wouldn't mine paying for it, but to pay for a comic before I know if I'll enjoy it just seems silly, especially with the huge number of free ones out there. The best approach I've seen to this was Narbonic, which had a significant portion of the early comics available for free, which got me to pay for it (though it is all free now), since I had an emotional investment in the characters.
Really though, most webcomic artists that do it for a living use advertising and merchandise sales, and are very successful at it. I was a bit astounded at the trend toward micropayments that started about 2 years ago. The big question to me is "why?" Why automatically alienate a large portion of your potential audience when the alternative has been proven successful many times?
My only thought is that maybe it's better for those mid-sized comics that don't have enough readers to pull in a lot of money in advertising, but I can't see that micropayments would really be much better, when it would be a significant barrier to the growth of that audience.
Remember kids, tin foil doesn't work, so use LeadHat.