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June 27, 2007 To Free or Not to Freeby David Harrell That's the question we're trying to answer as we finish our third album -- should we give away a few songs as mp3s (as we did with the first two discs and a freebie Christmas EP) or should we post free mp3 files for all of the tracks on the disc? While I often write here about how much we make from different download and streaming services, it's pretty much an academic discussion as the numbers involved are relatively small. Our total revenue from digital downloads and CD sales has yet to eclipse our total costs for recording, mixing, mastering, and the manufacturing costs of CDs. (Though that's probably the case for the vast majority of self-released musicians, and -- when you add in promotional costs -- a good number of acts on indie and major labels.) Which is fine. The main reason we write and record music is that we enjoy doing it. As a self-released, non-touring band, our expectations are modest and I'm basically thrilled to see ANY sales. However, if we're primarily doing all of this for the enjoyment of the creative process -- and we're not making much money from it -- would we be better off giving the music away? The worst-case scenario that is we'd forgo the modest sales that currently trickle in. The upside would be that greater exposure and attention might actually increase sales and/or lead to licensing opportunities for the music. It's a strategy that gets a lot of attention when employed by a band that is already relatively well known (see the Format). Yet the "give the music away" tactic is usually coupled with the idea of making money from touring (which is difficult for us because of real day jobs, family obligations, etc.) and the associated merchandising sales. Here's my current list of pro's and con's: Pro:At this point, I'm leaning toward giving it away, at least as 128k mp3 files. If you have any thoughts, pro or con, please comment away! I wrote the above about my own specific situation, but comments about free music in general are, of course, welcome as well. tags: digital music free music link 10 comments e-mail this post Digg this post follow DAI on Twitter |
Subscribe: Add this blog to Del.icio.us, Digg or Furl The Digital Audio Insider Twitter feed: Looking to hire? Looking for a job? Check out the digital audio insider job board. Most Popular Posts The New Music Equation By the Numbers: Using Last.fm Statistics to Quantify Audience Devotion Lala.com Owes Me Sixty Cents Economists, Radiohead, and Bob Mould To Free or Not to Free Price Elasticity of Demand for McCartney The Digital Pricing Conundrum series: Part One Part Two Part Three Part Four The Layaways (my band) New album: "The Space Between" is now available from eMusic. "It can't be easy to make something this basically simple sound so fulfilling; it if were, everyone would do it." -- Fingertips "The Layaways have a unique sound with great drum fills and airy vocals that will make you tap your feet and sing along." -- VIC Radio Keep It to Yourself - free mp3 All Around the World - free mp3 Come Back Home - free mp3 Download from eMusic, iTunes, Amazon MP3, Lala.com, or CD Baby, listen to free streams at Last.fm and Napster. "The Layaways make fine indie pop. Hushed vocals interweave with understated buzzing guitars. The whole LP is a revelation from the start." -- Lost Music "A wonderfully crafted recording built around tasteful songwriting and musicianship..." -- PopMatters Silence - free mp3 The Long Night - free mp3 Download from eMusic, Amazon MP3, or iTunes, listen to free streams at Last.fm, Napster, or Rhapsody. "These are songs that you want to take home with you, curl up with, hold them close -- and pray that they are still with you when you wake up." -- The Big Takeover Let Me In - free mp3 Ocean Blue - free mp3 Download from eMusic, Amazon MP3, or iTunes, listen to free streams at Last.fm, Napster, or Rhapsody. More Layaways downloads: the layaways website Current/Recent Reading and Listening:
It's written as a how-to guide for those looking to become music supervisors, but I found it to be a good resource for musicians (like me) who are trying to get their music used in movies, TV, etc. |