Do you think this would be a sucess or no, pro's and con's please??
Building a website, where people can sell lyrics they have written (copyrighted of course) - one time fee of 19.99, can post as many lyrics as you want (My team will do the advertising and so forth) - you can price your lyrics at whatever price you want - people can buy them... good idea or no?...
2007-10-31 17:41:19 · 6 answers · asked by singing_angel_of_the_night 3 in Business & Finance ➔ Small Business
Sounds fine to me. Not sure who will be buying the lyrics though... Established bands have a group of well known song writers and previously established songbooks to choose from in every genre of music. They have no reason to go with an "unknown" so the marketing of it may be kind of difficult if you are trying to boost sales. What is the marketing angle? How will you drive people to the site and get them to buy? The site won't last long if it is not lucrative for the writers.
2007-10-31 17:51:34 · answer #1 · answered by ArLorax 4 · 0⤊ 0⤋
If you mean song lyrics, I think it is an interesting and innovative idea that is probably worth attempting if you have sufficient funds. However, I can think of a few things that may be drawbacks, and hopefully you have found a way to work around them. Considering song lyrics are not universal, meaning that not all lyrics will fit with a melody, it may be difficult to sell lyrics that do not have a melody to accompany them. Also, people will not buy lyrics if they do not have a preview of them, and this can lead to small bands "borrowing" lyrics, as they will not be discovered by anyone who will enforce copyright anyway. Perhaps you should have a melody section as well, where people can post melodies, and songwriters can listen to them and submit lyrics to the owners of the melodies, who can review the lyrics and then buy them.
2007-11-01 00:56:07 · answer #2 · answered by FDISK 2 · 3⤊ 0⤋
Preliminary research can protect and teach you so much. If you go to the local library, you can access the Lexus-Nexus database, just ask the librarian.
1. I would spend a day there researching Napster and related online music lawsuits.
2. I would retain legal counsel before writing or generically copying my Terms and Conditions.
3. I would give some thought to how you will (and if you will) screen for genre, quality or quantity. What you publish will become your recognized website brand. How much input do YOU want to have into that brand?
It sounds like your target market is unpublished artists (which will forego some legal concerns), but do your research so you will neither set yourself up for catch 22's or sell yourself short on future potential growth opportunity.
2007-11-01 01:26:43 · answer #3 · answered by Jeannie Welsch 7 · 1⤊ 0⤋
effectively, sounds like you will be functioning as an agent for writers/ or buying the copyrights yourself and re selling them
as songwriter myself, there's no way I'd pay $20 for the priviledge of having someone look at my songs, considering the publishing houses they will be going to get thousands of unsolicited submissions a year.
True, it only takes one hit to make a writer financially secure
but basically, any unknown writer that I know of aggressively marketed his own stuff for a long time before he even got a nibble.
If you don't have the ear of the stars agents and publishing houses, you'd be better off selling guitar picks on ebay
Sorry if that's a harsh truth, but that's the way I see it
More power to you if you can do it, but you're more likely to get takers if you let writers register for free and charge the buyers a fee to look at your catalog
2007-11-01 02:37:31 · answer #4 · answered by onecowboyjake 4 · 0⤊ 0⤋
Is there a market for buying song lyrics? If not, is there a way to make a market for it? Those are the two questions that I would ask.
I have to say no success, sorry. If I understand it correctly, it's a site where people can buy the rights to song lyrics. Who would buy that? Desperate bands?
2007-11-01 00:50:45 · answer #5 · answered by rath 5 · 1⤊ 0⤋
If your idea was so great then you wouldn't need to charge a listing fee. You'd get it out of sales.
I'm not sure that you can copyright a business idea. You can copyright your published material and maybe reserve some trademarks but copyright your business model? How did you do that?
2007-11-01 00:45:06 · answer #6 · answered by Anonymous · 1⤊ 0⤋