A Simple Mission
Ensure artists are properly compensated for their work. The difference is simple: spotify pays out ~$2 per subscription to artists each month regardless of the plan, Retrovibed's premium plan will pay out a minimum of $14 and does nothing to support artists outside of distributing their work.
Unlike other streaming platforms that try to minimize payouts to artists and maximize extraction from users Retrovibed is designed to be as efficient as possible to maximize the payout to artists while minimizing the cost to users.
Per Stream Revenue
Instead of having a fixed amount per stream, artists are paid based on the amount of time users spent with their content. If a user spends 80% of their time enjoying a artists content then 80% of their subscriptions profits go to that artist.
This improves the amount of revenue generated per stream for artists relative to current industry practices. We can do this because users are supplying distribution infrastructure by using Retrovibed. Meaning less money for tech companies and more for the people actual producing the the content you enjoy.
Shared Storage Revenue
Retrovibed differs from other cloud storage providers by distributing the cost of storing content across all the users who added the content to their library. Since its not a completely even split this simultaneously reduces the cost for each user while generating stable monthly profits for the artist.
And since the storage is essentially at cost users are able to store more content for less than services like apple cloud, dropbox, google cloud.
Artists: Why Retrovibed?
| Feature | Tech Companies (Google/Apple/Spotify) | Retrovibed |
|---|---|---|
| Costs to artists | depends on the various services | Identical to user subscriptions (artists enjoy listening to music too!) |
| Payouts to artists | ~$2/month/subscription regardless of subscription tier. | $2-$14/month/subscription in streaming revenue depending on subscription tier. essentially up to 7x more than streaming platforms. 100% of subscriptions profits above the base tier are paid out in streaming revenue for indepedent musicians/news. a minimum of 70% for other content, and stream based payouts on user's content consumption + subscription tier. |
| Supports Artist | Minimal to none, artists need to manage a variaty of services. | provides social media tooling out of the box event registry for promoting events and ticket sales (coming soon) merchandising store (coming soon) |
Users: Why Retrovibed?
| Feature | Tech Companies (Google/Apple/Spotify) | Retrovibed |
|---|---|---|
| Playback Quality | scratchy/compressed playback | content runs locally crystal clear even offline. Just as the artist intended it to be heard. |
| Bandwidth Usage | highly compressed | Works entirely offline and avoids network usage on metered (mobile) networks. |
| Storage Cost | $10/mo for 2TB (Standard) | $6/mo for 2TB (40% cheaper) and near cost after builtin limits shared storage reducing the costs even further. |
| Ownership | They own it. | Permanent Archive (you own the bits) |
| Home Theatre Platform | Silo'd platforms | Fully featured entertainment platform Multi-user support Remote control via mobile phone Automatic media identification |