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#14349 by muzickmage
Wed Oct 24, 2007 9:00 am
Hi everyone ...... I would like your feedback concerning my business model..... in contrast to the BidzCenter Community.

I'll explain the BidzCenter Community ... and its purpose so that you may gain a better understanding of its opportunities.... and be able to perhaps offer a more accurate opinion.

The BidzCenter Community is to become an "Online Venue" for International Artists. Using the "Live GIG Streaming" (as mentioned on a couple threads) I hope to hire bands to GIG live at the BidzCenter Community. It is my opening assessment (after reviewing some basic equations) that a hired band would receive $1000/2 hour GIG (streamed live).... 3 bands per live streamed concert. This implies a BEP (Break Even Point) of 300 fans/$10 per ticket. (Not that difficult over the internet to acquire 300 fans).

This business model suggests 4 major sections needed for the Online Venue.

(Completed) Products Manager for Artists to offer Merchandise to fans (Auction Center)
(Completed) Advertising Manager for Artists to offer info to fans (Classifieds Center)
(Completed) Fan Fare Manager for Artists to interact with fans (Forum Center)
(Now working on) Live GIG Streams (Concert Center)

Areas of concern that I am also working on is ..... Band Startup Kits. Before a band can stream live ... they must have the proper equipment, software, etc. This implies a startup cost that many bands and artists can't afford. I can't offer details at this point ... but I am in the process of organizing a sponsorship program to allow financial aid for bands trying to meet startup costs.

(No Promises) I am trying to add magazine coverage as well..... but I am having trouble acquiring a fixed price on a printed music magazine that will deliver to at least Canada, United States, and the United Kingdom. I checked into sites such as www.lulu.com for publications.... but they want $20 per print .... and thats ridiculous lol. So i'm thinking "Print On Demand" is NOT the way to go.... lol. I really want the magazine coverage... but the damn thing is giving me alot of headaches.

Anyhow ..... How do you feel about an Online Venue looking to hire Bands to GIG live through streams?

#14354 by chitownfan
Wed Oct 24, 2007 1:36 pm
Great idea your putting it into action
Here are some people to contact if you want Im friends with both. Paul at ms-blues.com was the 1st person to put us on the radio on the internet . He has a magazine now .
myspace.com/bluesrockstheworldmag
and sheena has a radio station and magazine and books bands
www.music-highway.com You may already know them. Great Idea that you discussed on the other page. The new Midnight special of the internet lol

#14355 by muzickmage
Wed Oct 24, 2007 1:41 pm
Hey Chito ... thanks for your comments. Are these online radio stations your talking about? ..... I worked with Radio Streaming Online for a bit ..... that was great. I used the shoutcast server and the sam player.

I copied and pasted your reply to a notepad. Thinks for the links. I'll send them a note once I get more of this streaming process under control.
Last edited by muzickmage on Wed Oct 24, 2007 1:48 pm, edited 1 time in total.

#14357 by chitownfan
Wed Oct 24, 2007 1:48 pm
yes

#14359 by chitownfan
Wed Oct 24, 2007 1:55 pm
You could start your own radio station too.

#14360 by muzickmage
Wed Oct 24, 2007 1:58 pm
Yes ..... I already had a few Online Radio Stations ..... and still have the software to get another up and running in about ...... hmmmmm 20 minutes to be honest.

I may run a few more radio stations in the future.

#14361 by chitownfan
Wed Oct 24, 2007 2:05 pm
cool Need any help with anything let us know. Go over to ourstage.com They have interviews with the winners with Ejs
To get a few more Ideas.

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