Linked by Eugenia Loli on Fri 1st Sep 2006 06:20 UTC
Multimedia, AV Magnatune has the right idea and we love their motto: "We Are Not Evil". They are a real record label but they give away 128 kbps mp3s of all their artist's songs for free. If you like what you hear you can purchase higher quality DRM-free FLAC, Mp3, OGG, AAC, WAV versions at a price you set! If you don't, you can always keep, share or delete your legally downloaded 128 kbps mp3, your choice. They are sharing revenues 50/50 with their signed artists and they allow consumers to share their purchased songs with 3 friends. What sets them apart from other "free music" web sites is that they actually sign artists that are able to produce high quality music and are serious about their work (rather than just being a random mp3 hosting site). Also, artists keep all of their work's rights.
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RE[3]: 50/50?
by rjamorim on Mon 4th Sep 2006 01:31 UTC in reply to "RE[2]: 50/50?"
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> 50/50 is not justifiable

I agree. I'm pretty sure any band/musician featured at Magnatune would jump to a big recording label on a heartbeat if given the opportunity. Why? Because I honestly believe Magnatune is ripping them off more than the labels. The labels only give them 10%, or maybe less, from profits. But in return they take care of huge advertizing campaigns(that really pays off with sales and gig attendance), make sure stores nationwide are stocked with their records, and provide state-of-the-art recording and mastering facilities.

Magnatune gives their musicians 50%, but what do they do for them? They set up an FTP server to distribute their music, and press some CDs and make some merchandise to sell through the internet.

I personally see Magnatune as a glorified version of, that is, an outlet for indie groups to do some networking and get themselves better known. With the difference that someone actually took his time to filter the music from the best Indie offerings beforehand, and is charging for that work.

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