Metallica Sued Napster For This?

from the pound-foolish dept

David Levine has a post up looking at Metallica's revenue streams last year. Apparently, the band made the vast majority of its money from concert revenue -- bringing in $22.8 million. It made $1.6 million from album sales. As Levine notes:
Hmmm...think it would make a lot of difference to the world if they lost the $1.6 million from the albums? Without copyright they'd only make $22.8 million from touring...You might almost think it would be worth it to them to give the recorded music away for free to promote their concerts...
Or, hell, give away the tracks and promote other stuff as well. Selling music directly (relying on copyright) is a tiny business compared to the opportunities elsewhere. And, of all the bands out there, Metallica should clearly recognize that.

Filed Under: album sales, copyright, live, metallica, revenue

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  1. icon
    Hephaestus (profile), 1 Mar 2010 @ 10:25pm

    Re: Re: Re:

    "If you can explain to us how small bands can achieve that level without selling their soul to an "old model" label - or giving away the rights to their "scarce goods" to a "new model" manager or label. We will then be certain that we "FULLY" understand this as well as you do."

    Simple find some self promotion guru that has a couple hundred thousand fans on face book, find someone on youtube that has 1 million hits, find someone with a massive following on any social networking site, find a huge blog, find a musician thats has a big ... blog, and introduce yourself and ask if they could listen to your music and if they can suggest anyone that could help promote you. Then maintain that relationship by asking for guidance. What do you think? would your fans like this? etc....

    We are going back to the way things worked before record labels, you need fans, you need patrons. Find a bunch of mentors and promoters. It is really simple start networking. Start with people who are can be accessed and work your way up the food chain. Find artists from 10-40 years ago, studio musicians, back up singers, people that have dropped out of the business after a couple hits and ask ... "what do you think of this track? I just want your opinion. My friend told me it sounds like that track you did with (insert artist name here). Personally I dont hear it. What do you think?"

    If you have talent it helps. If you dont find someone to remix horrible sound of cats in a blender you consider good into something pleasant on the ears.

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