Snocap MyStore on MySpace
I ran across a Snocap MyStore on MySpace. The MyStore allows you toshare stores by copying HTML code from the MyStore on one site intoanother. Pretty cool. It’d be nice to be able to search and browse alist of all MyStores.
I just viewed my blog post. This is really cool! I’m pretty excitedby the potential of Snocap. I’d like to write a Songbird extension forit.
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December 19th, 2006 at 8:26 am
(SNOCAP) MySpace Music to rape artists of 45% of their money
Transaction Fees Applicable to SNOCAP MyStores: For transactions that occur through SNOCAP MyStores, we will debit your account with a transaction fee (”MyStore Transaction Fee”) of an amount equal to:
1. For single Downloads: Forty-Five Cents ($0.45) for each single song Download of your Content that occurs through SNOCAP MyStore(s) to End Users;
2. For album Downloads: Forty Cents ($0.40) for each full-length song embodied in an Album when Downloaded as an Album to End Users in the United States;
3. For all other transactions and for Downloads occurring outside of the United States for which SNOCAP is paid in a currency other than U.S. dollars; an amount equal to 40% of the retail selling price of the transaction concerned, but no less than the local currency equivalent of Forty-Five Cents ($0.45) for each single song Download or Forty Cents ($0.40) for each full-length song embodied in an Album; and
4. For the avoidance of doubt, you, and not SNOCAP or its designee, shall be responsible for setting the retail selling price, subject to your obligation to pay the MyStore Transaction Fee;
WOW. What a ripoff.
December 21st, 2006 at 7:54 am
I wonder how that compares to iTunes or record labels. For a 10 track album with 99 cent songs, the artist gets $5.40. I’m sure artists on eMusic don’t get as much. Of course, eMusic is a lot cheaper for their customers.
I’m curious to hear what artists think of Snocap. I really like their model that basically anyone can be a music distributor. This has a lot of potential to turn the music industry on its head.