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	<title>Comments on: Our Investment in Topspin</title>
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	<link>http://www.foundrygroup.com/wp/2008/07/our-investment-in-topspin/</link>
	<description>Foundry Group</description>
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		<title>By: file cabinet credenza</title>
		<link>http://www.foundrygroup.com/wp/2008/07/our-investment-in-topspin/comment-page-1/#comment-17508</link>
		<dc:creator>file cabinet credenza</dc:creator>
		<pubDate>Thu, 16 Jun 2011 16:09:00 +0000</pubDate>
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		<description>n  I&#039;lln  back again for sure, thanks for great article :Dnu00a0</description>
		<content:encoded><![CDATA[<p>n  I&#8217;lln  back again for sure, thanks for great article <img src='http://www.foundrygroup.com/wp/wp-includes/images/smilies/icon_biggrin.gif' alt=':D' class='wp-smiley' /> nu00a0</p>
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		<title>By: Aziz Grieser</title>
		<link>http://www.foundrygroup.com/wp/2008/07/our-investment-in-topspin/comment-page-1/#comment-17306</link>
		<dc:creator>Aziz Grieser</dc:creator>
		<pubDate>Sun, 13 Jul 2008 11:46:55 +0000</pubDate>
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		<description>I&#039;ll be watching this company. Too limited information to form an opinion, though that never stops most people I know!</description>
		<content:encoded><![CDATA[<p>I&#039;ll be watching this company. Too limited information to form an opinion, though that never stops most people I know!</p>
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		<title>By: Ryan</title>
		<link>http://www.foundrygroup.com/wp/2008/07/our-investment-in-topspin/comment-page-1/#comment-17307</link>
		<dc:creator>Ryan</dc:creator>
		<pubDate>Thu, 10 Jul 2008 09:22:03 +0000</pubDate>
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		<description>Rich, your questions are certainly ones we&#8217;ve considered as well.  I&#8217;m not sure I agree with your assertion that content can no longer be monetized, or that it must merely serve as a free loss-leader to enable sale of tickets and merchandise.  Certainly, CD sales are plummeting, but digital music sales are growing 40% year-over-year, with 1.6B purchase decisions made in 2007, up from 1.3B in 2006, though overall music sales are still down, since digital is not growing faster than CD sales are declining.

That being said, one could argue (as you do) that mainstream, mass-market content is becoming a commodity and the price of that content will inevitably fall over time.  The beauty of Topspin&#8217;s platform is the flexibility of its marketing and commerce engine:  artists can offer fans multiple pricing models, including pay-per-track, free streaming access, an all-you-can eat subscription model, special bundles that include higher-quality encodings, B-sides, demos, live or other unreleased content, and even the ability to sell atoms and not just bits, which can allow artists to sell things like special-edition CDs, tickets and other merchandise.

Topspin&#8217;s blog provides numerous examples of artists using their platform, and besides lending a CDN-enabled hand to NIN, most of the artists using Topspin today do not (yet) fall into the &#8220;established artist&#8221; bucket, but instead include artists like Imaad Wasif, Jubilee and Josh Rouse.  Each of these artists have offered compelling &#8220;packages&#8221; of content to their fans, which have included unique content like 7&#8221; vinyl, previously unreleased tracks, and autographed CDs.  We believe there is plenty of room for monetization of content when it is done direct-to-fan and the offerings are compelling, and Topspin&#8217;s early results with artists on their platform have strongly validated this:  response rates and purchases rates on these artist&#8217;s campaigns have been, frankly, ridiculously good.

Bottom line, we are excited about the early results we&#8217;ve seen from artists using Topspin to reach their fans and sell their music, and we believe there is a large opportunity for Topspin to help artists run and grow their businesses.  Topspin will enable not just mainstream acts to monetize their art, but will also allow a universe of artists who don&#8217;t fit into the major-label model (or who fell out of it) to grow and prosper, thanks to the wonders of the internet&#8217;s tubes.</description>
		<content:encoded><![CDATA[<p>Rich, your questions are certainly ones we&rsquo;ve considered as well.  I&rsquo;m not sure I agree with your assertion that content can no longer be monetized, or that it must merely serve as a free loss-leader to enable sale of tickets and merchandise.  Certainly, CD sales are plummeting, but digital music sales are growing 40% year-over-year, with 1.6B purchase decisions made in 2007, up from 1.3B in 2006, though overall music sales are still down, since digital is not growing faster than CD sales are declining.</p>
<p>That being said, one could argue (as you do) that mainstream, mass-market content is becoming a commodity and the price of that content will inevitably fall over time.  The beauty of Topspin&rsquo;s platform is the flexibility of its marketing and commerce engine:  artists can offer fans multiple pricing models, including pay-per-track, free streaming access, an all-you-can eat subscription model, special bundles that include higher-quality encodings, B-sides, demos, live or other unreleased content, and even the ability to sell atoms and not just bits, which can allow artists to sell things like special-edition CDs, tickets and other merchandise.</p>
<p>Topspin&rsquo;s blog provides numerous examples of artists using their platform, and besides lending a CDN-enabled hand to NIN, most of the artists using Topspin today do not (yet) fall into the &ldquo;established artist&rdquo; bucket, but instead include artists like Imaad Wasif, Jubilee and Josh Rouse.  Each of these artists have offered compelling &ldquo;packages&rdquo; of content to their fans, which have included unique content like 7&rdquo; vinyl, previously unreleased tracks, and autographed CDs.  We believe there is plenty of room for monetization of content when it is done direct-to-fan and the offerings are compelling, and Topspin&rsquo;s early results with artists on their platform have strongly validated this:  response rates and purchases rates on these artist&rsquo;s campaigns have been, frankly, ridiculously good.</p>
<p>Bottom line, we are excited about the early results we&rsquo;ve seen from artists using Topspin to reach their fans and sell their music, and we believe there is a large opportunity for Topspin to help artists run and grow their businesses.  Topspin will enable not just mainstream acts to monetize their art, but will also allow a universe of artists who don&rsquo;t fit into the major-label model (or who fell out of it) to grow and prosper, thanks to the wonders of the internet&rsquo;s tubes.</p>
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		<title>By: Dan Teree</title>
		<link>http://www.foundrygroup.com/wp/2008/07/our-investment-in-topspin/comment-page-1/#comment-17305</link>
		<dc:creator>Dan Teree</dc:creator>
		<pubDate>Wed, 09 Jul 2008 19:46:56 +0000</pubDate>
		<guid isPermaLink="false">http://test.foundrygroup.com/wp/?p=21#comment-17305</guid>
		<description>How will Topspin play in the live event space?</description>
		<content:encoded><![CDATA[<p>How will Topspin play in the live event space?</p>
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		<title>By: Rich</title>
		<link>http://www.foundrygroup.com/wp/2008/07/our-investment-in-topspin/comment-page-1/#comment-17304</link>
		<dc:creator>Rich</dc:creator>
		<pubDate>Wed, 09 Jul 2008 13:06:19 +0000</pubDate>
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		<description>I like Ian Rogers...but is there money to be made in selling content?  Arguably it may be better to give the media away and capture revenue on merch and performance (not sure if Topspin is getting a piece of that though).  Going direct-to-fans seems to make sense for established acts (Radiohead, NIN, Tori Amos, etc.) but can&#039;t think of any up-and-comers that have done so (except Clap Your Hands Say Yeah).  Of course, maybe the opportunity is big enough in just serving established acts who get freedom from their labels...?</description>
		<content:encoded><![CDATA[<p>I like Ian Rogers&#8230;but is there money to be made in selling content?  Arguably it may be better to give the media away and capture revenue on merch and performance (not sure if Topspin is getting a piece of that though).  Going direct-to-fans seems to make sense for established acts (Radiohead, NIN, Tori Amos, etc.) but can&#039;t think of any up-and-comers that have done so (except Clap Your Hands Say Yeah).  Of course, maybe the opportunity is big enough in just serving established acts who get freedom from their labels&#8230;?</p>
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