Introducing Soundings
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This document summarizes Soundings, a royalty reporting and performance analytics service for independent music labels, distributors, managers and agents. Soundings provides monthly royalty statements with breakdowns by digital service provider on time every month, addressing a problem of late and unclear statements from the explosion in digital music sales. It also offers analytics dashboards to help with tasks like promotion planning, hit spotting, and tour planning. Pricing starts at $500 per month or $4,500 annually for the beta client plan, aiming to save money compared to staff time spent on royalty reporting.
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Introducing Soundings
- 1. Soundings
- 3. copyright © 2017 Soundings, Inc. $0.0 $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $7.0 $8.0 $9.0 $10.0 2010 2011 2012 2013 2014 2015 2016 $US bn. Digital v. Physical Sales streams & downloads CDs & Vinyl The Problem leaving many Artist Managers struggling to keep up …. 3 an explosion in digital music … 1 … and delivering dull monthly statements — often late 4 led to an explosion in digital reporting data… 2
- 4. copyright © 2017 Soundings, Inc. Analytics & Dashboards Artist/Label Royalty Statements we handle digital performance data for indie: • distributors • labels • managers/agents soundings and deliver accurate statements. on time. Solution: Soundings Royalty Reporting & Performance Analytics
- 6. copyright © 2017 Soundings, Inc. Soundings: Label/Artist Monthly Statements Monthly breakdown by Digital Service Provider (DSP) Current Period Royalty Distributions On Time, Every Month clear, concise “traditional” statement soundings raw data
- 7. copyright © 2017 Soundings, Inc. How Do I Use These? some ideas … … & more! Soundings: Analytics & Dashboards a sampling from Soundings’ analysis library promotion planning hit spotting social media planning merchandising contracts review tour planning soundings
- 8. copyright © 2017 Soundings, Inc. soundings Accurate statements Delivered every month Visual Analytics Task-Specific Dashboards Royalty Reporting Performance Analysis Soundings: Product Summary
- 10. copyright © 2017 Soundings, Inc. What Are You Spending Now? $ 500/month Hidden Costs Staff Time & Attention Accountant/CFO 5 hours/month Royalty Accountant/Temp/Intern 15 hours/month $400 $750 $?? $??? vs.
- 11. copyright © 2017 Soundings, Inc. Pricing beta (𝜷) client monthly plan annual plan (25% discount) Setup Fee waived $500 $500 Service Fee $450/month $500/month $4,500/yr Premium Subscription lifetime subscription coming May 2018
- 12. copyright © 2017 Soundings, Inc. Promotions: Annual 10% discount Setup fee waived Locked in at that price Lifetime premium subscription at no additional charge Soundings 𝜷 Bring us a new client, we take $100 off your bill for the next 12 months… Bring us two new clients, we take $200 off… Three new clients: $300 off… … bring us 4 new clients, your service is free for a year. Soundings Echo Our first 10 clients get: