Google just announce its MP3 Store. So now, there is another major player beside Itunes and Amazon MP3.
However, the biggest news is this:
http://music.google.com/artists/
Screen cap of it:
Quote:
One-time fee, unlimited albums.
Google Music has a one-time $25 setup fee for each artist page and keeps a 30% commission on your sales. There are no other fees -- not for uploading tracks, creating albums, making changes to existing albums, editing your artist page, or anything else within the artist hub.
You have the power to select and change what you sell, including new demos, live recordings and unreleased tracks.
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So if you are a musician with a few songs that you want the world to purchase. Put it on Google Music and you get 70% of each song sold. Though you will have to pay that $25 one time fee to set up your artist page. With a buy link on Youtube, you get more audience.
Are there musicians in here that would give this a try?
Also, imagine a BIG TIME artist like Taylor Swift going indie and keep 70% of the revenue...............
10 million mp3 sold at $1 each = $7,000,000 revenue for her.
100 million mp3 sold at $1 each = $70,000,000 revenue
Right now, with a major label, you get about 15% of a song revenue. With deductions and stuff, it is down to 8%.
http://www.digitalmusicnews.com/perm...QOUICvOP88U6oQ
*A major label artist makes 8 cents on a 99-cent iTunes song
What is better? 70% or 8%
1000 songs sold from the above example =
$80 for major recording artists
1000 songs sold from Google Music =
$700
