I am not a supporter of 99 cent beats for Leasing Rights. Contray to popular belief, selling beats is not like any other business and it’s not like Walmart. Selling beats is selling a service and a product. Because you create the beats yourself vs buying beats from others and reselling (such as you would in a Walmart model) your beats are worth more then 99 cents. You must think of artists as paying for your time – if you don’t, then you don’t have a solid business.
If you worked on a beat for 10 hours and you sell it for 99 cents, then you’re valuing your time at 1 cent an hour. Fine, you may not take 10 hours to make a beat, lets say you only take one hour, well then you’re valuing your time at 99 cents an hour – congratulations you have created the lowest wage on earth! and good luck making a living off beats. However, to be fair, artists are on a budget and there may be a way to make some extra money selling beats for at least $5 – but just not for Leasing Rights.
To justify charging a low price such as $5 for a beat, you need to sell the beat for Demo Rights. Demo Rights allow an artist to record over the beat for non-promotional use. Demo Rights are for personal use. An artist can record a song over the beat but they cannot promote the song online or offline, no exceptions.
If you’re concerned that an artist will buy the demo rights and promote the song anyway, please read my blog post “How To Sue Artists For Stealing Beats” here: http://www.myflashstore.net/blog/entry/music-industry-news/how-to-sue-artists-for-stealing-beats
MyFlashstore gives you the ability to create your own licence. Create Demo Rights and upload or type in your policy for Demo Rights using the Contracts feature here on MyFlashstore. Furthermore, selling Demo Rights for at least $5 will give you the chance to charge more for Leasing Rights while still catering to the artists with a low budget.