Artists…here is YOUR money!
This post will help artists understand on how they stand to make more money on Moshbag.
A heads up before we get into the math:
- Moshbag lets independent artists launch ONLY their new, original, & unreleased work every month.
- Each artist can upload ONLY one song/movie/book per month. This is to ensure both quality & quantity.
- Subscribers are charged $10 to download all content (including books, movies, & songs) at the end of each month.
Lets assume we have 5 writers, 5 musicians, and 5 filmmakers releasing their new books, new singles, & new movies on Moshbag respectively in the month of November
Lets assume each artist of the 15 is able to get at least 50 subscribers in that month through their regular marketing channels (fb, twitter, etc) & collective campaigning on Moshbag.
So we now have a total of 750 subscribers who are willing to pay $10 each to download the entire package (new books, singles, & movies from all 15 artists).
On successful completion of the month, the subscription fee is deducted & subscribers get to download/access all newly releasing material from all 15 artists.
That corresponds to a total of $7500 subscription fee collected.
Now Moshbag distributes 90% of the entire subscription money to all artists. So that leaves us $6750 to distribute to all artists equally. That corresponds to each artist being paid at least $450 per song/book/movie uploaded on Moshbag in November.
Scenario 2
Consider this scenario where each artist of the 15 instead decided to put up their new book/song/movie for sale on existing platforms like iTunes, Amazon, Spotify, Netflix, and so forth. Their earnings would therefore be limited to only their marketing reach. In addition to this, they have to forego 30% of their earnings per sale on most platforms.
Let’s say they’ve each priced their work at $10 (very unlikely, phenomenally high, & may put off buyers). With the 30% cut, they stand to get just $7 per sale. So if 50 is the maximum number of buyers each artist could reach (as assumed in Scenario 1), their total earning would then be just $350.
Comparison & Conclusion
The deductions are straight-forward.
An artist on his own - $350 per song/movie/book.
Together with other artists on Moshbag - $450 per song/movie/book.
Now some might argue of a 3rd Scenario wherein a new single/movie/book from an individual artist might become an overnight success and rake in a lot more than it could on Moshbag & directly benefit the talented artist in question.
But popularity as you know is a function of time, money, & people. The thing to also consider is that the money earned through Moshbag is for the very first month of a new release. Beyond that, the artists are free to continue selling their work on other existing platforms like iTunes, Amazon, Spotify, Netflix, & so forth.
So if a new single/movie/book is destined for greatness, it can jump off the Moshbag platform with enough money into a pool of other services & sell as much as it truly deserves. Thus benefiting the artist even more.
(Psst…What if we told you, that we’re also plotting to help you push your new releases into other services à la Graphicly once it’s released to our subscribers in the first month of it’s launch? Sounds foolproof!)
Now, if you’re ready to trust us & your intuition, then do us the honor of signing up! http://moshbag.in/artists
Cheers!
Comet
Founder, Moshbag
