Jul 06
2
New Music Biz Models
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Just discovered a start-up called La-La.
The model is simple. You want to trade your CD's or you want to buy CD's. La-La matches you up. They supply the shipping kits, they guarantee the quality or your money back. And they charge $1 and guess what – they give some of the revenues to the artists! Amazing….
I'll be the first to advocate that artists should make a lot more from
each CD. 'la la' is taking the unprecedented action of giving artists
20% of our revenues from used CDs, no used record store or online site
does this today. I'll also promise to work tirelessly (only sleep four
hours a night anyway- this is being written at 3:31 a.m. so pardon my
punctuation) to reduce overhead in marketing costs across the industry,
so artists can make more from selling their music.
each CD. 'la la' is taking the unprecedented action of giving artists
20% of our revenues from used CDs, no used record store or online site
does this today. I'll also promise to work tirelessly (only sleep four
hours a night anyway- this is being written at 3:31 a.m. so pardon my
punctuation) to reduce overhead in marketing costs across the industry,
so artists can make more from selling their music.