ReverbNation.com announced that artists will receive 50% of the revenues generated by the advertising displayed on artist profile pages. The new program, dubbed “Fair Share”, is scheduled to launch July of 2007.
“Artists are searching for new ways to earn money in this rapidly changing business,” said Jed Carlson, Chief Marketing Officer. “The relationships artists have with their fans are valuable beyond simply selling songs or tickets. They just need ways to tap into the Band Equitytm they have built up with those fans. Sharing in ad revenue with sites like ours is one of those ways. ”
At the end of each month, half of the advertising revenue from ads across all artist profile pages will be put into a pool. That pool of money is divided among the artists participating in the Fair Share program based upon the proportion of site activity each artist generated for the month. Site activity includes things such as page view activity, song play activity, and fan activity. To qualify, artists must hold the copyrights (or permission from the rightful copyright owners) to all the content displayed on their profile pages.
Originally posted on May 10, 2007 @ 6:44 am
i’m new at reverbnation but i love the ideal .
hi… my name is jillouise, any feedback is welcome!!!!
I’d be more than honored to get 50% of any kinda’ monies that y’all at Reverb Nation can throw my way! After all, y’all do know that I am a Po’ Ol’ Rockin’ Bluz’ Mane’ Recordin’ Artiste’; don’t y’all?
Hi reverbnation crew,
Thanks for this wonderful and positive idea to share…
Music is about sharing therefore if the artist work is generating financial returns, it’s great to share part of it for the artist benefit.
I will highly embrace whatever cash you send out to me.
Thanks! ReverbNation,
Ayi
Hi – I’m artist Johnny Rei -I’m currently no. 5 on reverbnation – global – all genres. I was around top 10 in global all genres charts for whole April 2009. To my huge disappointment, my Fair Share for April was $5 (Five Dollars). I’m really, really disappointed. So if you are an artist who is working really hard for a whole month on promoting and if you think you gonna earn big money, forget it. Even if you are in Top Ten. I think this whole Fair Share is rather a big scam for naive people, who are going to use widgets and other promotional tools to increase traffic on their reverbnation profile – which is eventually not gonna pay off at all – you are making promotion for reverbnation basically for free. I think you would be better off promoting yourself without any reverbnation tools. Fair shair doesn’t work with Band Equity, fair share doesn’t work with number of visists on your profile…
By the way – reverbnation admin deleted this post before. I was working really hard for 2 months to promote reverbnation. If nothing happens, I’m going to do the opposite for next two months.
Well, let me tell you how this works:
You (artist) set up a profile on Reverbnation. Every time you visit a profile,you are creating impressions for adverts, which are placed on most sites on Reverbnation. Companies, who placed the adverts are paying for impressions you create. Now imagine 300 000+ ReverbNation users running around every day. That must create a lot of daily or monthly impressions. This is the main income for reverbnation owners. Plus – some artists are also purchuasing products such as Mega Storage, Fan Reach Pro etc., for which you are paying monthly fees. So what is the advantage of being on reverbnation? Apart from interacting with other users, there is none. Even if you are in top 10 charts – global – all generes – your traffic stays basically the same, there is no potential managers on labels interested in any of the artists. You can create same widgets and players as Reverbnation offers and advertise on myspace by yourself everything would be the same. But in this case, you are earning money for ReverbNation company which proimises to share 50% their advertising revenue – which is a great motivation for artists to ’’run around’’ or promote ReverbNation by placing widgets and players. This eventually doesn’t happen – users are not discussing their earnings – when they recieve small amount of money, they think they’ve done little work comparing to others. Let me tell you the truth: No one earns more than 5-10 dollars a month. So when ReverbNation is saying: ’’Some of the artists will recieve very nice paycheck each month’’ maybe they are talking about themselves or artists like 50 cent – who are there just because ReverbNation paid them to be there.
Two months ago I thought ReverbNation is great honest website and if I work hard -I will do really well. Turns out the owners are just another bunch of ’’Flippers’’ who earn quick buck from Unsigned Artist’s naivity.
I’m not just another naive artist, who’s gonna walk away and that’s it. I’m demanding a refund for my 2 months of hard work. If Reverbnation is not going to respond in anyway, I’m going to work hard for next 2 months…