I guess we all know the story. How the band Coldplay offered their new album for free download on their website and still made a few millions in donations from fans willing to give for what they've taken.
The media, better yet, the whole music scene was full of praise, people started talking about "new business models" or even a "revolution": A band had gone independent and reached millions of fans without major label help.
Now is the Coldplay example one for all other musicians to follow? I say "No!" - and here is why:
"Without major label help"? Driving millions of people to your website to download your music requires you have a huge fan base. The way Coldplay established their fan base is simple: A major label had made them big. A major label had marketed their brand. A major label had spent money on them to get them recognition.
Reaching the summit of a steep mountain is easy if a helicopter takes you most of the way and all that's left for you is a short walk.
Why is this example so hard for us to follow?
Most of us do not have the fan base Coldplay has created over the years (with the help of a major label), so most of us would be proud having only one percent of their fan base which we could direct to our download site on the web. Most of us would not take the financial risk of renting a server big enough to enable millions of downloads, not knowing if anybody would actually pay us (on a voluntary basis, such as Coldplay had asked for).
Most of us would not get the press coverage Coldplay got. "John Doe offers songs for free download" - who cares?
Bottom line:
The only reason the Coldplay model worked so well is that Colplay had already been an established brand, a multi platinum selling music act that owed to the major label it had been signed to. With this background it had been rather easy for them to promote and spread their idea and win that many people to download their music.
The great model of how to do it as an independent? Has anyone noticed the EMI logo on the back of Viva La Vida???
Julian Angel
www.angel-rock.com
