[LAU] #stream2own

Patrick Shirkey pshirkey at boosthardware.com
Thu Mar 30 11:48:08 UTC 2017

> Hi,
> Thanks for sharing this, unfortunately from personal experience I
> don't have much faith left in monetizing music no matter how you slice
> the pie or how much lipstick you put on the pig.. People are now just
> plain used to getting music for free or in the case of Spotify (and
> all other streaming services) for a very low subscription fee which
> yes...rips off the artist.
> I've released 2 albums in the last 2 years using 'CD Baby' which sets
> up both physical CD and Digital Download sales pretty much anywhere
> that's anywhere in Digital music retailing... iTunes, Google Play,
> Spotify, Amazon... you get the idea. With both albums I have yet to
> make back my initial $89.00 fee to CD Baby... Now you may say "well
> obviously your music sucks!" or "you didn't try to promote it enough"
> since I am just a guy posting this on a mailing list that is a
> possibility but please indulge me with the benefit of the doubt, In
> truth I know several close accomplished musician friends who are
> telling me the exact same story and some of these people work
> full-time on their music careers and have managed to have short lived
> radio success. Even flogging CD's at gigs isn't anything like it used
> to be, I've played festivals and large summer outdoor gigs to hundreds
> of people who are really digging the music and hollering for encores
> but am lucky to sell 5 CD's, at a couple of gigs I actually gave them
> away to people who came up to the stage to say hi and how much they
> enjoyed show and they just look at the CD with a "Where am I supposed
> to put this!?" look on their face. I understand that Resonate doesn't
> do physical CD's, I'm talking about the larger principle that you
> can't GIVE people what they DON'T want whether it's CD's, streams or
> downloads.
> Most people who aren't diehard music collectors or hipsters see CD's
> as junk, they see iTunes, Google, and Amazon selling songs for $0.99
> as outrageously old-fashioned, pedantic and expensive and are willing
> to pay subscription fees for Spotify, iTunes radio, Google Play Music,
> simply because 99% of their computing time is spent on a mobile and
> they want an established, affordable and mobile-friendly way to get
> instant musical gratification. Resonate will possibly appeal to the
> guilt-complexes of artists supporting artists because they know how
> much of a rip-off Spotify is but really there is just not the time,
> altruism and keen ambition to learn about something new out there in
> the general population, with Trump, Climate change, ISIS and all the
> rest the financial welfare of musicians is not even on their radar.

I appreciate your sentiments. I know of an artist who recently released an
album and got 350k paid downloads but only received E1600.  That is a
ridiculously low sum of money considering that 350k album sales used to be
enough to fund a years salary. Now someone is making a profit out of that
but it ain't the artist.

The main difference with Resonate compared to other services is that
profits are distributed to the co-operative including the artists,
listeners and shareholders.

Granted it doesn't mean much if there is no profit but in it's defense the
system is live and money is being spent to listen to the music. It's too
early to tell if the concept will beat the odds and be a raging success
but even if it doesn't make hundreds of millions like the other major
players there is still the possibility that artists will make some income.
Some being better than none.

IIUC they are working on enabling instant micro payments. i.e if you have
earned a few bucks you will be able to get access to it without having to
wait for the ubiquitous $130 payment threshold. So if that helps a
struggling artist pay for a pack of cigarettes or a couple of cold beers
on a Friday at the local that is surely a "Good Thing"(tm)

The other part of the Resonate model that might appeal to open source
folks is the opportunity to influence the direction of the project by
getting directly involved in the development process.

Patrick Shirkey
Boost Hardware Ltd

> ----- Original Message -----
> From: "Patrick Shirkey" <pshirkey at boosthardware.com>
> To:"linux-audio-user" <linux-audio-user at lists.linuxaudio.org>
> Cc:
> Sent:Wed, 29 Mar 2017 16:27:42 +0200
> Subject:Re: [LAU] #stream2own
>  > Thanks for introducing this. Very interesting.
>  >
>  > I do like their idea, but I did not like the fact that they did not
>  > mention
>  > Bandcamp. Comparing to Spotify is fairly easy, but Bandcamp does
> not have
>  > a
>  > subscription model. How do they compare to Bandcamp? I mean, I am
> selling
>  > something at Bandcamp and the good thing about it is that the price
> is not
>  > fixed.
>  >
>  > Either way, I am very much willing to try them.
>  >
>  IIUC they are planning to expand the pricing options after they have
>  solidified the core stream2own model.
>  In terms of comparing to Bandcamp I think the services are mutually
>  compatible. Bandcamp offers a viable sales model and is doing a lot
> for
>  indie artists/producers. They are also actively monitoring hte
> progress
>  and will most likely adopt the stream to own model if they see it
> working
>  out with Resonate.
>  The stream2own model hasn't been fully proven yet so it's a bit hard
> to
>  say how it will stack up against Bandcamp earnings. The main point is
> that
>  the option is now available for artists and producers to join in the
> fun
>  and find out for themselves.
>  >
>  >
>  > On Tue, Mar 28, 2017 at 10:46 PM, Patrick Shirkey <
>  > pshirkey at boosthardware.com> wrote:
>  >
>  >> Hi,
>  >>
>  >> Bigups to @NovaDeviator
>  >>
>  >> Some of you might be interested in a new distribution system for
> your
>  >> music based on the #stream2own mechanism.
>  >>
>  >> http://resonate.is
>  >>
>  >> #stream2own aims to give listeners and artists a fair deal. Each
> paid
>  >> stream cost exponentially more upto the 9th stream and then the
> track is
>  >> owned by the listener and they can download the track or stream
> for
>  >> free.
>  >> A fully paid track costs E1.25.
>  >>
>  >> Artists who upload tracks get access to the beta program to start
>  >> earning
>  >> credits immediately.*
>  >>
>  >> Resonate is a co-op where all the shareholders get one vote
> independent
>  >> of
>  >> the number of shares owned AND artists, fans are also eligible for
> a
>  >> share
>  >> of the profits. It's a new paradigm for music distribution where
> the
>  >> goal
>  >> is to fairly reimburse artists/producers for their hard work
> instead of
>  >> enabling a few board members to get 6 figure salaries and private
>  >> yachts/jets/etc...
>  >>
>  >> * Artists earn 70% of every paid stream of their tracks. have
> voting
>  >> rights and also get access to a portion of the total profits.
>  >>
>  >>
>  >>
>  >> --
>  >> Patrick Shirkey
>  >> Boost Hardware Ltd
>  >>
>  >> _______________________________________________
>  >> Linux-audio-user mailing list
>  >> Linux-audio-user at lists.linuxaudio.org
>  >> http://lists.linuxaudio.org/listinfo/linux-audio-user
>  >>
>  >
>  >
>  >
>  > --
>  > Louigi Verona
>  > http://www.louigiverona.com/
>  >
>  --
>  Patrick Shirkey
>  Boost Hardware Ltd
>  _______________________________________________
>  Linux-audio-user mailing list
>  Linux-audio-user at lists.linuxaudio.org
>  http://lists.linuxaudio.org/listinfo/linux-audio-user

Patrick Shirkey
Boost Hardware Ltd

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