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> record labels have always taken the lion's share of profits This is the problem I have with most of the whining about rates. Artist-driven equity, that I can
by ethbro 10y ago
> record labels have always taken the lion's share of profits
This is the problem I have with most of the whining about rates. Artist-driven equity, that I can get behind.
But don't pitch me on a solution where we're avoiding the fact that modern technology can replace traditional promotion/distribution channels far more efficiently.
- walterbell 10y agoFlattr and Patreon have taken steps to separating payment from distribution. Someone will eventually build a distribution channel that allows "second screens" to be used for payment. This is not unlike attribution for advertising that leads to a sale. Instead of attributing advertising, we can attribute the actual content being used to lead to a payment. Why would someone "pay" for something they already "have"? Because payment is not for the last song, it's for the next song, to support what will be created by the artist. Sound strange? No, it's how Netflix and others fund content creation. Why can't fans do the same for their favored artist?