#sfmusictech @BandPage: I was sleeping on the floor eating rice and beans when we started bandpage, a band is like a startup
#sfmusictech @BandPage: think of your band as a business and look up your customer demographics and try to open for bands in it
#sfmusictech @SoundExchange: we have a problem that sending out letters saying we have money for people looks like spam
#sfmusictech @SoundExchange: I do live shows with bands in LA, and I look them up on soundexchange and there is often money waiting for them
#sfmusictech @kristinthomson: proper credits are the baseline for your music to discover you and for people like soundexchange to pay you
#sfmusictech @kristinthomson: do you have an intra-band agreement on how the revenue is split between you? you have to pay royalties forever
#sfmusictech @dave_cool: rehearse you live show so it is great so everyone talks about it on social media
#sfmusictech @zogblog: if you were a band with a great album and no money what would you do?
#sfmusictech @dave_cool: you're selling socks at Times Square with thousands of other sock sellers in Times Square
#sfmusictech @BandPage: you need to think about how you can interact with fans, and try things out. It's still hard as a small business
#sfmusictech @BandPage: it's made a huge dip at the high end but as an up and coming band you are still looking for fans individually
#sfmusictech @BandPage: us up and coming bands never made a lot of money, even when we had CDs to sell
#sfmusictech @INgrooves: there are artists that don't want to ask fans for money - thye offer a preorder rather than a donation
#sfmusictech @zogblog: the CD is a dead object, it doesn't tell you anything; artists can tell where music is being streamed
#sfmusictech @BandPage: we don't care as bandpage how you are making revenue -we'll pull in anything thta helps bands
#sfmusictech @BandPage: @Patreon is doing well too - every time you release it give them money
#sfmusictech @BandPage: now I can hand the flyer to the person who listened to me 25 times and invite the one who listened 500 times to meet
#sfmusictech @BandPage: knowing how to target our customers - our fans - is what we are going through which happened to gaming in 2007
#sfmusictech @BandPage: this tracking is now happening in music - with CDs we had no idea how big a fan they were, streaming tells us this
#sfmusictech @BandPage: in the gaming business, games were offline, and they had no idea how much you played it. Now they know how much time
#sfmusictech @dave_cool: we have a metal band that sells branded voodoo dolls and their fans are buying them
#sfmusictech @dave_cool: there are lots of differrent kinds of fan - casual listeners and superfans want everything you are doing
#sfmusictech @zogblog: streaming services do pay the performer as well as the songwriter, unlike terrestrial radio
#sfmusictech @SoundExchange: terrestrial radio pays ASCAP/BMI for the songwriters but not to performers, so we are working on that now
#sfmusictech @SoundExchange: we pay artists directly and not through labels so no recoupables get taken out of it
#sfmusictech @SoundExchange: we work on non-interactive radio like pandora and other indirect licenses. Pandora then Sirius then 2500 others
#sfmusictech @SoundExchange: last year we gave out $600M, and it will probably be over $700M next year
#sfmusictech @kristinthomson: often it was @soundexchange that surprised people as it is a new source of revenue
#sfmusictech @kristinthomson: we found 29 revenue streams for musician in october, now they are up to 45 see http://money.futureofmusic.org
#sfmusictech @INgrooves: it's knowing what your options are to get revenue from at each stage of the cycle are the pennies getting to you?
#sfmusictech @SoundExchange: if you have a hit song, it can be your 401k for a long time @bandpage: so just write a hit song?
#sfmusictech @INgrooves: not just you have to get your metadaat right but also the people paying you need to