How a Zero Commission Marketplace Is Changing the Music Industry
The Old Model: Layers of Fees For years, musicians and producers have accepted commission fees as a normal part of doing business. A guitarist selling a vintage Fender on eBay or Reverb might lose 10 to 15 percent of the sale price to platform fees. A session vocalist booking a gig through SoundBetter or Fiverr watches a cut go to the middleman before the invoice even hits their PayPal or Stripe account. On Etsy, a luthier handcrafting custom guitar picks might pay listing
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The Old Model: Layers of Fees For years, musicians and producers have accepted commission fees as a normal part of doing business. A guitarist selling a vintage Fender on eBay or Reverb might lose 10 to 15 percent of the sale price to platform fees. A session vocalist booking a gig through SoundBetter or Fiverr watches a cut go to the middleman before the invoice even hits their PayPal or Stripe account. On Etsy, a luthier handcrafting custom guitar picks might pay listing
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