Besides the radio model music subscriptions that you are probably already familiar with like Sirius XM, Pandora, Rhapsody and Spotify a number of record labels are now jumping on the subscription model.
The reason for this are these sites usually pay a bare minimum per stream; 0.2865 cents is the average payment. It’s great exposure for the artists but it will not pay the rent on streams alone so labels are trying to get creative.
Last week, Stones Throw Records, home to Mayer Hawthorne as well as a number of old school hip hop collections announced their idea for fans of the label. Members get every new Stones Throw album, single and EP as they are released, select music from the catalog, and exclusive advance material. The subscription price is $10 a month, same as Spotify and Rhapsody.
For $15 a month, Ghostly Music Service shares with you every Ghostly and Spectral release, delivered right to your inbox to download and stream. Members get select back catalog releases, unreleased, exclusive and curated music.
Do you think 7″ are cool? Matador Records has their Singles Going Home Alone series.
If you love everything Jack White does (and there are many of us), you’ll go gaga over the Third Man Records vault series. It might seem a bit pricey at $60 every 3 months but the collectible items are pretty fun. They usually include a multi-colored vinyl album, a shirt and a 7″ record.