In this short article, FMA Team shares inside updates, outcomes and follow ups related to the rebuild of the global iconic music service: Free Music Archive. The FMA mission remains clear; create sustainable spaces & systems in favor of independent creators to continue creating and sharing original music online.
Chapter 10
As we continue our journey with Grant for the Web, our main focus remains to continue to execute FMA Deliverables and FMA Next objectives.
FMA Deliverable 1
Relevant online monetization toolbox (as part of the new frontend on FreeMusicArchive.org) for music rightsholders to self-register and publish music from anywhere in the world. Result: 1,000+ original songs licensed and ready to "co-monetize" (Probabilistic Revenue Sharing)
We surpassed the 1,000+ monetized songs on FMA. All artists, curators and netlabels will soon have a user friendly wizard to add their payment pointer and monetize their pages together with the option to share their micropayments with other Coil creators and charities. We will continue to research co-monetization between FMA artists, curators and netlabels. We are reaching out to 500+ new FMA artists at the moment.
FMA Deliverables 2
Participating FMA & Tribe of Noise musicians from Asia, Africa, North America, South America, Europe, and Australia. Result: Spend at least 50% of our focus on underserved and underrepresented communities as part of this journey.
Next to reaching out directly to underserved artists via email and video calls, we have put together a plan to not only help these artists set up their page to the best of our abilities but also use those artist pages to premiere, introduce, and release the new FMA UI/UX to the world and continue to showcase them in our future journey with web monetization.
FMA Deliverable 3
Onboard music enthusiasts to curate, promote and monetize music together with the FMA artists. Result: Reach an audience of at least 1,000,000 listeners. All of them will be invited to join the web monetization program and offered exclusive perks if they install the WM plugin. And of course a revenue share if they monetize FMA music.
In our new UI/UX we will have more visual options to position the web monetization program more actively. So while the audience surpassed the 1,000,000 listeners we can do a better job converting listeners to curious early adopters. Next to our role we believe the "FMA Next Club" members can play an active role when they are happy with the FMA redesign.
The Journey Continues
As Free Music Archive is hosting unlimited amounts of CC licensed music while the musicians can enable web monetization on their artist, album and song page, we know we must do more.
We will continue to explore new technology like Coil, Rafiki, OpenPayments and other relevant services. As long as they can contribute to the success of our artists, curators, netlabels and visitors we will be interested to make a move.
The FMA team has learned a lot about individuals willing to spend time curating, sharing and promoting artists successfully. The missing link today is the toolkit for musicians and enthusiasts to monetize content together. When do we know it's successful?
We believe it will be a combination of valuable insights about fair revenue sharing via web monetization and the community of participants starting to spread the word and showing others how to join and contribute.
Our main goals?
To research and unleash a resilient payment infrastructure and promote inclusive and sustainable monetization models for musicians in the music sector. We have to start with artists 100% in control and willing to experiment with new business models.
Our next steps?
The FMA team wants to do our best to ensure our support for FMA musicians with new tooling and opportunities on Free Music Archive to bring forward their value in the music industry, in societies, cultures and around the world.
We will continue to keep an open-door policy to all artists, musicians and members that has any advice and suggestions for FMA.
More inside stories by FMA?
The FMA team will share insights we have gathered with our FMA community and publish them on Coil.com
So, make sure to follow us and check out our previous chapters!
• Inside FMA - Chapter 1
• Inside FMA - Chapter 2
• Inside FMA - Chapter 3
• Inside FMA - Chapter 4
• Inside FMA - Chapter 5
• Inside FMA - Chapter 6
• Inside FMA - Chapter 7
• Inside FMA - Chapter 8
• Inside FMA - Chapter 9
Coil.com?
Coil is a fun way to enjoy original (premium) content from journalists, musicians, photographers, game developers, podcasters and many other creatives. With your Coil Creator account enabled in your browser, small amounts of money will travel from your account to the content creator. All-you-can-consume-content. You never pay more than $5 for a month access to tons of creative content while supporting the creators. More information? https://coil.com
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