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October 14, 2005



Hey John, just reading your blog to catch up with how well Magnatune is doing.
I'm not so sure whether Rhonda is a good pick, though. Quote from her press release: "Magnatune, gives their artists a 50-50 split of profits. That’s it."
Your terms page clearly says it's a "50/50 gross revenue split on music" (and a "50/50 net profits split on merchandise"). Considering Magantune is all about music, shouldn't she word more carefully? Or can't she tell the two apart, that is gross revenue and profits?
Anyway, good luck to Magnatune.

- eugen

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