I haven’t heard much about this site, but it looks poised to do to the music licensing industry what iStock did to the stock photo biz. The site claims to offer a marketplace for musicians to interact directly with music those looking to license music for commercial purposes. They allow the artist and the client to negotiate over the cost, and they take 9%. I’m not sure if this will take off as it depends I think a lot on their marketing abilities…I mean everyone has their music on the internet these days, so if you are looking to license some, you don’t need to look that far. The benefits of this service is it gathers it all together, and categorizes it by mood…that’s what you get for 9%.
I am on youlicense and they give me something I didn’t have on my myspace page.
They give me a professional tool. I don’t know much about licensing and they supply the contracts after the deal is over and the whole negotiation process.
I only had one licensing deal in the 2 months I am there and it was a small amount (a couple of dollars) but I hope to make some more.
Comment by D Man — May 6, 2008 @ 6:02 am
Great thanks for the comment, good to know the youlicense system works. I agree that it is an additional tool we can all use, and it’s great that it let’s you control the negotiation. This makes it slightly different than the istockphoto model…in which you are stuck with their pricing structure.
Comment by rswelling — May 7, 2008 @ 3:02 pm