Interesting. What do you charge the artists for this service?
It strikes me that the ability of artists to leave at will is a feature that would cause any accountant to have kittens; but it might just work if the sense of community is strong enough. Good luck!
It strikes me that the ability of artists to leave at will is a feature that would cause any accountant to have kittens; but it might just work if the sense of community is strong enough.
It's interesting: music publishing has held on to the long-contract (and if you're lucky, big advance) model much more than the actual record business has.
Virtually no one signs a five-album deal these days, and P&D (production and distribution) deals have been commonplace in NZ for more than a decade. There have been independent distributors (and more recently, digital distributors and aggregators) for ages. It's increasingly bespoke and flexible.
But publishing is still dominated by big companies. It was interesting that Lorde, on a major label, signed with an indie publisher though.
And yes, I think the community thing is quite central to Songbroker. It's an interesting model and I hope it prospers.
The new model figures if you’re doing better financially and can see value, you’ll stay. Not just for music publishing, but for many other contemporary businesses, Netflix for example. If you’re not performing for people, they can leave. Pretty normal commercial relationship. We back ourselves to make a difference.
That's commercially sensitive. Let's just say we do more, for less. :)