__

The IMP website

imp.fm - The Independent Media Project

A commision-free online content store for independent artists

Everyone at Brain Murmurs is heavily involved in art and music. As practitioners and lovers of the arts we are painfully aware of the degree to which the creativity of artists are exploited by music and publishing industries. Musicians typically realize about 10% of the profits from cd sales of their music. Authors may make slightly more, but by and large it is the company that publishes and distributes the content that takes the lion's share of the profits.

Most musicians either end up forking over a share of their sales revenue in exchange for promotion or suffering the discomfort of hosting their music on MySpace, amidst an onslaught of invasive and frequently offensive advertisements.

Stiff opposition

Rather unusually, we regard artists as first class citizens instead of an exploitable segment of society. The basic idea was to provide artists with a free place to sell their music, writing, and videos that doesn't exploit them or offend their sensibilities.

Dan Pasco, our CEO, pitched this idea to a group of investors called the Keiretsu forum in January. The basic premise was simple: make a site where artists can sell their work for free and add in the voting capabilities of digg. Give the artist all of the profits from their work and generate revenue through discrete advertising

Although several people expressed interest, at least half of the investors thought that the idea of not charging the artist was scandalous - we were sent on our way. It became clear that most local investors would not be able to see past the chance to hit up the artist for their hard earned cash, and it was a virtual certainty that we would lose a lot of creative control once a major investor came on board, so we decided fund the site ourselves using money we raised doing consulting work.

Rage Against the Flavor of the Month

The great thing about IMP is that it provides a new heuristic for determining what is 'good' in music, books and video. Rather than be filtered by a publishing agency for potential marketability, the best content on the IMP site has actually filtered up through its neighbors based on actual consumer feedback.

Benefits

For more information about IMP, please see our website at imp.fm. You can also keep up on IMP-related news at the IMP blog.

© 2012 Brain Murmurs, Inc. All rights reserved.