Musichouse was a music ecosystem compromising of an Electronic Press Kit (EPK) for artists & producers with exclusive access to online & offline (radio) broadcasting channels via RockinTheShed. We developed a number of monetization models to appeal to our target market. RockinTheShed served as an initial hook to get leverage for Musichouse. We had a great team of smart entrepreneurs like Dave Manna (Sydney’s top Music Producer), Artur (RockinTheShed host) and Denis who is today the co-founder of embedster.com (Y Combinator 2010 Alumni).
The most complete music ecosystem
This consisted of three key components:
1) Electronic Press Kit (EPK) for bands / artists – a way for an artist to professionally express themselves online by providing information about the band and events in an electronic equivalent of a press kit. Some of the parts of this EPK include biographical & contact information, music clips with accompanying lyrics, videos from events, media information, calendar of upcoming events linked to eTicks system etc… Each EPK is monitored using custom internal analytics analyzing the “groove in your music” to help the artist profit from the distribution and monetization model linked up to their EPK.
To help with the distribution of EPK content, an array of specific social network applications and widgets “spread the word” and allow users on other networks to interact and explore artist content.
2) Digital distribution and unique online monetization model for Music – an artist shouldn’t be locked into the 1 monetization model rather have an array of options to choose from when it comes to distributing their assets like audio, photos and merchandise. MusicHouse will have 3 monetization models for an artist to use. Therefore being able to mix and match to see what works. Because we believe in giving the artist control, we are providing 3 monetization models (to start with) for an artist to use to distribute their music.
3) Online and Offline broadcast on radio stations world-wide through RockinTheShed (marketing arm of MusicHouse) and other planned shows. Essentially giving artists a fair go to get heard by millions of radio listeners, and thousands of ardent readers. If you were to click here, you’d be cleared of any skepticism you’d have had of a magazine’s ability to proliferate. To get heard an artist has to build “credit” through a web of interconnected and aggregated fan voting systems, fair-share inbounds back to MusicHouse and other algorithms that we have planned under the bonnet.
Vision: “To be the one stop shop for artists / bands when they want to express themselves and reach new consumer markets by getting heard internationally both online and offline”
MusicHouse would help artists and bands to promote their music by creating their very own Electronic Press Kit (EPK) which enables a connection with musicians, promoters, fans and radio stations around the world. It is differentiated through a multitude of music services to enable a richer online experience, better monetization model, and unique, powerful, integrated offline exposure channel for member bands to achieve airtime at radio stations world-wide.
What the site looked like (in development)
Musichouse Business Architecture
How we planned to monetize
The site never saw day light (production launch) since RockinTheShed (its partner & complementary business) fell apart and we decided to wrap it up. Although the technical skills learnt building this site proved (and prove) to be extremely valuable assets today.