Perhaps he found true fans in the people that signed up to this newsletter. These are the people that might come to a gig or buy something he releases in the future. But the numbers still don't sound brilliant. I don't think this will help emerging artists who need to earn money off their music just to keep going. With venues (especially festivals) refusing to pay so much as petrol costs and promoters pitching 'showcase' or 'the chance to be heard' instead of cash for your time, talent and effort, it's hard enough. But who knows? BitTorrent says they're working on it with the major labels and famous artists. So they'll probably come out with something even worse for independent music.
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