Originally Posted By futurejournalismproject

markcoatney:

“The show went on sale at noon on Saturday, December 10th. 12 hours later, we had over 50,000 purchases and had earned $250,000, breaking even on the cost of production and website. As of Today, we’ve sold over 110,000 copies for a total of over $500,000. Minus some money for PayPal charges etc, I have a profit around $200,000 (after taxes $75.58). This is less than I would have been paid by a large company to simply perform the show and let them sell it to you, but they would have charged you about $20 for the video. They would have given you an encrypted and regionally restricted video of limited value, and they would have owned your private information for their own use. They would have withheld international availability indefinitely. This way, you only paid $5, you can use the video any way you want, and you can watch it in Dublin, whatever the city is in Belgium, or Dubai. I got paid nice, and I still own the video (as do you). You never have to join anything, and you never have to hear from us again. I really hope people keep buying it a lot, so I can have shitloads of money, but at this point I think we can safely say that the experiment really worked.”

— Louis CK with a sales report for his Live at the Beacon Theater show that he produced, directed and began selling for $5 off of his site this past weekend. (via futurejournalismproject)

“My Internet media lesson, courtesy of Louis CK, Radiohead & Prince: Start by being one of the greatest talents in the history of your craft.” -@anildash

Got it?

(Source: futurejournalismproject)

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