Just in time for the anticipated launch of the Dimest Beta, the Dimest team has decided to let all music artists keep 100% of their profits when using the Dimest platform and widgets to sell their music. ”We strongly feel it’s time for artists and musicians of the world to finally see a music service that does not parasite from their talent”, says George Samuelson, CEO at Dimest.
Over the past few years, the piracy problem has been replaced by another devestating blow to professional songwriters and artists around the world – streaming services who don’t pay fair royalties to the music creators. Although streaming is a great technology in itself, it has allowed the companies that provide such services to create a black box where they can hide from paying out proper royalties to songwriters. The largest streaming service, Spotify, pays out as little as 0,004 USD per play according to some sources.
”- This is shocking to us as it drastically prevents even big artists who have an enormous number of streams to make a decent living from writing music. It’s also unfortunate that the streaming providers refuse to be transparent about their payouts to artists which has always been the case for other radio like music services. Music is now basically used commercially for free while the streaming services keep the lion’s part of the profits. We want to change that trend completely and provide an alternative open to all artists”, says Samuelson, who has seen this problem grow in the industry over the last few years.
”- Streaming services may be great for marketing and music promotion, but if you want to keep your profits from all, or parts of your catalogue, we offer the best complement service around right now, Samuelson continues.”
On Dimest, users can easily upload their music to the Dimest platform and create customized widgets to sell and market their music online, in blogs, and of course on Facebook.
”- That’s where all the people hang out anyway, so it makes perfect sense to buy the music there as well. Dimest ‘de-centralizes’ music buying and helps artists sell music to their fans where it’s natural for them to seek contact - on Facebook Fan Pages and on artist blogs and web sites”, says Samuelson.