New P4P-Playground! Like back on MP3.com! :)

MIKE BURN

YO!

There is a new adventure for indies going on after the demise of MP3.com.

The Brtish site http://www.Last.fm introduced a Pay-For-Play program.

Let the games begin! LOL That's no joke and Last.fm is major driven (EMI and others).
The royalties are collected by sharing the advertising revenues of the majors on the Last.fm site.

Here some facts from the Royalties-FAQ over there:
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You will accrue an amount each time one of your tracks is streamed on the Last.fm service. The amount will vary depending upon which Last.fm service your track is played. A brief rundown of the various royalty levels can be found below:

- If your track is played on our free radio service you will accrue a 10% of the Share of Last.fm's Net Revenue (see the definition of "Share" and "Net Revenue" in the terms and conditions) from the free radio service.

- If your track is played on our personalised premium radio service, you will accrue the greater of either 10% of the Share of Last.fm's Net Revenue from the personalised radio service, or US $0.0005 for each complete transmission on the personalised radio service.

- If your track is played on our free on-demand service, you will accrue 30% of the Share of Last.fm's Net Revenue from the on-demand radio service.

- If your track is played on our premium on-demand service, you will accrue the greater of either 30% of the Share of Last.fm's Net Revenue from the premium on-demand service, or US $0.005 for each complete transmission on the prepaid or subscription on-demand service.

If you have any questions regarding these definitions, please don't hesitate to contact us at labels@last.fm

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The royalties that you accrue through our Artist Royalty Program will be paid directly into your Music Manager account. At the end of each quarter, you can use your royalties as credit to purchase any Last.fm promotional product, such as banners or Powerplays. If your total royalty balance reaches the minimum withdrawal amount of $10, £5, €7 or ¥1000 (depending on what your local currency is), then you can request a payment of your royalties from the "Royalties" section of your Music Manager account. Royalties roll over from one quarter to the next, so you will never lose out by not spending the credit or requesting payment. Last.fm will confirm how payments will be made soon, so watch this space.
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Solo-Project
mikeburn and friends band
The Mabuse Project

bbchris · Posted: Thu Jul 10, 2008 4:48 pm Post subject:

I actually joined up with this site two months ago but too busy to do anything with it... sigh
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http://undergroundhk.com
Original Music for Original People
http://thinkingoutloud.com.hk
Possibly Hong Kong's best band....

bbchris · Posted: Mon Nov 10, 2008 5:23 pm Post subject:

hows it going with this site Mike? I still haven't done anything with it..... lol
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http://undergroundhk.com
Original Music for Original People
http://thinkingoutloud.com.hk
Possibly Hong Kong's best band....

Seismo · Joined: 03 Feb 2009 Posts: 6 Location: USA

I'm curious too....have either of you gotten anything off of this?? just wondering....I haven't heard a peep out of them....maybe for good reason!!!

LAST FM