There are definitely choices out there. Why GlobalTrax? For one thing, we’re not going to claim that you will receive 100% of the “proceeds”. For many people, the word “proceeds” implies that if your track sells for $0.99, you will receive $0.99. That is simply not the case. And it is not the case with any commercial online digitial music distribution outlet.
We at GlobalTrax let you know up front that you will receive a percentage of net wholesale revenue from the sale of your music. Just as in any business, there are middlemen along the way that charge a fee for distributing your music. Be wary of any online digital music distribution company that says that they will get you on iTunes and that you’ll keep 100% of what is sold.
With GlobalTrax, we keep a portion of your sales to pass along to the digital distribution companies that we work with. For example, if a song sells on iTunes, the net wholesale revenue for a $0.99 track is $0.70. GlobalTrax then pays the artist one of the highest available percentages of net wholesale revenue, but without the traditional recoupables that come with a traditional record deal.
Again, be wary of companies that say you’ll keep 100% of the “proceeds”. Proceeds, by definition, means the money that is left after costs and expenses are deducted.
Where does the money go? It goes to the folks that have invested in systems to make digital online distribution more profitable (for the indie artist) than is typically the case with traditional record deals. GlobalTrax does make money along the way, and we reinvest a portion of our “proceeds” by dedicating time to you, the artist.
GlobalTrax separates itself from the alternatives by providing a truly personalized and value-added service to each band or musician. We view our relationshp with our artists as an ongoing, collaborative exchange of ideas. That is why we provide 5 hours of free consultation to each new GlobalTrax client.
Also, keep in mind that GlobalTrax is not a traditional record label - when you sign up with GlobalTrax, you are not signing a “record deal” with all of the usual baggage. With GlobalTrax, you always keep 100% of the publishing (i.e. songwriting) royalties entitled to you, and you are not signing an exclusive deal that locks up your rights for an extended period of time. After the first 6 months, you can cancel at any time with only 30 days notice.
Tags: digital music distribution, online digital music distribution
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