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Nickname: Enviana
Review: I feel that it is a very wise move as it's generating lots of eyeballs and this matters most to them.
Date reviewed: Feb 13, 2007 3:08 PM
Nickname: Anon
Review: "MySpace is a garish, vapid hang-out for pre-teens." Sure, at last count 100 million pre-teens. If a paltry 1% of them get a portion of their allowance deposited into PayPal accounts, that's a million garish, vapid potential customers. Can your business claim that? Just a thought.
Date reviewed: Sep 8, 2006 11:22 PM
Nickname: Matt D
Review: There seems to be too many assumptions made like "selling out," "sweet deal for independent bands," etc. I would like to ask the article writers and readers to examine the numbers a lot more closely. Philosophically, this is a great step, as it empowers independent bands to sell their music themselves. And from MySpace's perspective, it allows them to better cash in on the "Long Tail." However, the devil is in the details.
Let's examine, for example, the potential revenue split based on a pricing of 79 cents a song. PayPal cut*: US$0.30+2.9% of retail price = $0.32
Snocap cut (15%)= $0.12
MySpace cut = unknown (may come out of Snocap's cut or it could be additional)
Billing partners' revenue total: $0.44 => 56% of retail price.
So the band only takes $0.35 or 44% of each sale. Did someone say "the lion's share goes directly to the artists?"
*PayPal share tiers($0.00-$3,000.00: 3.4%, $3,000.01-$10,000.00: 2.9%, $10,000.01-$100,000.00: 2.7%,
> $100,000.00: 2.4%)
Date reviewed: Sep 8, 2006 4:15 AM
Nickname: Matt
Review: This would appear to be the beginning of profit for social networking. Although, many of the site's users are under 18, there are plenty of members with "plastic." Heck, most of the sites' users are ignorant to the fact Myspace is even owned by News Corp. I'd like to see a poll on that one, actually.
Date reviewed: Sep 5, 2006 11:56 PM
Nickname: iburl
Review: This would be news if MySpace had the ability to run their site as it currently exists. Anybody who has used MySpace on a regular basis knows that it is one of the most technically pathetic sites on the internet.
Date reviewed: Sep 5, 2006 4:57 PM
Nickname: Tom B
Review: The whole concept is pathetic; MySpace is a garish, vapid hang-out for pre-teens. This is not a demographic with lots of "plastic" to put on the table.
Date reviewed: Sep 5, 2006 3:01 PM
Nickname: Tim
Review: "If users fear MySpace is selling out...." Too late. It's already happened. The early adopters have moved on and all else will trickle after.
Date reviewed: Sep 5, 2006 1:45 AM
Nickname: Dale Boyce
Review: MySpace sets another trend! Go MySpace!
Date reviewed: Sep 4, 2006 10:50 PM
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