Background
 | WAM has entered into an arrangement with German company
88tc88 to initially distribute ten new EPs or albums by WAM members
into China, predominantly through mobile phone carriers.
88tc88
have a distribution deal in place which encompasses the three largest
mobile phone carriers in China, who between them have over 800
million customers.
This deal puts WA artists right at the
forefront of international music being sold into China, and represents
an incredible opportunity to establish a market there.
An
important part of the service that 88tc88 provides is readying the
release for the Chinese market. This includes translating the lyrics
into Mandarin Chinese (which is a legal requirement for foreign language
releases in China) as well as securing official approvals from the
Chinese authorities. |
WAM is the first “export agency” in the world to be offered this deal; by the end of the year there will be many others.
Eligibility Criteria The criteria for this are very simple:
- You must be a current, financial WAM member.
In the case of a band,
this means a band membership. For a solo artist an individual
membership will do. If you Renew or Join Now - you'll still be eligible. - The
release (EP or Album) must be current.
This is a little flexible, but the point is that the submitted release must be the one you are currently promoting. - The artist - or some members of your act - must be based in, or originally from, Western Australia.
- Form submissions must have been received before midnight
Wednesday 22 June 2011 Australian Western Standard Time (GMT+8).
Posted
Audio CDs must also be clearly marked and postmarked by 5:00pm Wednesday 22 June 2011.
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Selection GuidelinesSelection
of the ten albums to be included in this first set of ten releases will
be made by a selection panel that will include representatives of
88tc88 and other industry experts.
Selections will be chosen on the basis of:
- the quality; and
- likely appeal of the music in the Chinese market
In addition, your submission will be assessed for evidence of:
- Sales history: physical, digital sales; licensing.
- Airplay history
- Live following
- Other fan base metrics such as social media reach etc.
- Other great reasons to be included.
The DealWAM
has an arrangement with 88tc88 whereby we will grant them an exclusive
licence for distribution of TEN albums in Greater China for three years.
WAM will receive 90% of the revenues received by 88tc88, taking only 10% of that portion and pay you the rest.
To put that in context, a retail
sale (of a single track) is currently around 20c Australian. 75% of
that will be taken by the retailer and the distributor. This is a
fairly standard arrangement in China. 88tc88 and WAM will receive
around half a cent each, and you the remaining approximately 4c.
Obviously
its not a lot of money per sale, but given the size of the market, and
the fact that
it's not costing you anything to enter into that market,
it is worth a shot.
In order to make this all happen, WAM will need
to exclusively licence your album for the same territory (Greater
China) for the same period of time (3 years).
One point that
needs noting:
the distributor in China does not pay mechanical
royalties, and WAM is not in a position to cover this cost. Therefore,
the licence agreement that we will enter into with you precludes us from
being required to pay mechanical royalties. If you are self published
this is of no concern at all. If you have a publishing deal, then you
will need to make an arrangement with your publisher. If you are on a
label, then the label and the publisher will need to work this out.
Note also that if you are on a label, obviously they are the one’s that will need to licence WAM to use the album in this way.
Some Other InformationWhat constitutes an album?An album will be considered as a collection of up to fifteen songs. So, for example, an EP will be accepted.
Are cover versions of songs ok?No. If they are on your album that’s fine, but we will exclude them from the Chinese release.
Can we go direct to 88tc88 for distribution into China?Yes.
88tc88’s service is accessible through
88tc88.com, however
there are charges involved.
The equivalent deal over three years would cost approximately AU$135.
How much does a WAM Membership cost?A band membership is currently $80.
An Individual membership is $40.
Submission is FREE for all current financial WAM members, including those who
Renew or Join WAM on or before submission!Will there be further opportunities for WAM Members?
Our
hope is that this first set of ten albums will demonstrate that this is
a successful project, and give us the impetus to keep working with
88tc88 on future releases.
How do I submit material for this opportunity? Please use your membership Account Login (top right of page) and save time by having your contact details automatically entered into the form below!
For
further information,
please
contact:
Justine
Thornley,
WAM Communications
p: +61 (0)8 9227 7962
e: communications@wam.asn.au
w: wam.asn.au/88tc88
