Mike Linksvayer, the CTO of Creative Commons, runs the numbers of Nine Inch Nails's Creative Commons download experiment and discovers that it only took the band two days to exceed the typical net from a massive-selling traditional CD release. The band sold $750,000 worth of "limited edition deluxe sets," plus an unknowable further sum from sales of the regular CDs and merch.
The $300 “ultra deluxe edition” of Nine Inch Nails‘ Ghosts I-IV, limited to 2500 copies, sold out in a couple days (I believe released Sunday, no longer available this morning). There are some manufacturing costs, but they don’t appear to be using any precious materials. So if an artist typically makes $1.60 on a $15.99 CD sale, profit from sales of the limited edition already matches profit from a CD selling hundreds of thousands of copies.
Then there are non-limited sales of a $75 merely “deluxe edition”, $10 CD, and $5 download, and whatever other products NIN comes up with around Ghosts.
HOWTO Earn an artist's living in the 21st century: 1000 True Fans
Nine Inch Nails goes Creative Commons remix-friendly with new album
Abbott Labs makes a continuous glucose monitor -- used by people with diabetes to monitor their blood-sugar levels -- called (ironically, as you'll see below) the Freestyle Libre.
As pranksters target skeezy t-shirt sellers that mine Twitter for replies containing "I want that on a t-shirt" and then put the original Tweet on a t-shirt and shame online t-shirt sellers for underpolicing copyright, let's not lose sight of what happens when they overpolice copyright.
We love DJ Rijo's annual Merry Mixmas albums, and for the 18th consecutive year, the legendary mashup DJ has released an album-length mashup of Christmas rarities (MP3), just in time for your holiday parties!
The good news: Software like Adobe Premiere Pro, Camtasia and Final Cut Pro has opened up a ton of possibilities for desktop videographers. On the other hand, their use is so widespread that you have to be an expert in them before you can even think about a career in the field. That’s a requirement […]
There are a lot of high-tech drones and RC planes flooding the market lately, and the innovations are coming so fast on each new iteration, most of them forget one crucial thing: Flying these is supposed to be fun. Here’s an alternative that keeps that ethic firmly in mind: The Moskito Smartphone-Controlled Plane. This thing […]
There are few intellectual exercises better than a good game of chess against a capable opponent, which is why a lot of old hands at the gameplay it online. But there’s still nothing like the tactile thrill of moving a knight into checkmate. (Or sweeping the pieces off dramatically when you lose.) That’s why we’re […]