Comedian Louis CK has announced some numbers related to his recent experiment to sell his latest comedy special, Live at the Beacon Theater, for $5 online, instead of offering it through a distributor.
In the post, he says that the special, which went on sale, Saturday, December 10th, had sold 50,000 ‘units’ and earned $250k, covering the production costs. As of today, 110k copies had been sold, for a total intake of over $500k, bringing him a profit of $200k so far.
The experiment was remarkable because it flies in the face of conventional wisdom about video distribution on the web. The offering is simple, $5 via PayPal (or credit card) and you would receive two streaming views and two downloads of the special. There was no DRM restrictions and no special preventative measures taken with regards to piracy.
Instead, he offered up a plea to those who would steal the video by downloading it from a Torrent site:
I would like to be able to post more material to the fans in this way, which makes it cheaper for the buyer and more pleasant for me. So, please help me keep this being a good idea. I can’t stop you from torrenting; all I can do is politely ask you to pay your five little dollars, enjoy the video, and let other people find it in the same way.
The plea resonated with fans and he says that very little of this kind of piracy happened, as far as he can tell.
In conclusion, Louis offers some takeaways from the experiment:
I learned that money can be a lot of things. It can be something that is hoarded, fought over, protected, stolen and withheld. Or it can be like an energy, fueled by the desire, will, creative interest, need to laugh, of large groups of people. And it can be shuffled and pushed around and pooled together to fuel a common interest, jokes about garbage, penises and parenthood.
The plan was a relatively risky one that would have seen him out of the performance fee and in the hole for the production of the video had it not worked. It was also being watched closely by other performers and celebrities—people like fellow comedian Patton Oswalt and actor/writer Wil Wheaton—who were considering tapping the model for themselves if it worked out.
The entire statement is well worth a read and may very well be the template for this kind of independent sale of a performance in the future. Oh, and the special is also very, very funny. You can buy it here for $5 bucks.
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Good product at a good price. That's why less people felt the need to steal. @louisck
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Like"with regard to piracy" or "as regards piracy." "With regards to piracy" means you're saying hello to piracy, and it's nonsense.
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LikeJeffrey Thomas Oller I don't know how more wrong you could be.
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LikeConversation from Twitter
wired louisck and then donated or gave bonuses. Bad ass!! So cool
RT andruspurde Louis CK declares $5 standup special a success, sells 110k copies in 3 days http:\/\/t.co\/fWwIsy0N (just bought "the thing")
alhume andruspurde me too! Love Louis. #Louisck
goonerrob He's hysterical isn't he? Have a great Christmas Rob! Hope all's well :)
alhume http:\/\/t.co\/frW2QlfA
digital_times great comedian. Unknown by many over this side of the pond.
iscariotmedia Hmmm confused is that Neil Willmett presenting on 7 Sport.
iscariotmedia Digital distribution. Wish murris would understand how beneficial it is.
BlackvineMedia I think ppl are slowly getting it. However there's still the challenge of the cost of good production as well ...
BlackvineMedia .... as well as generating an audience, including audiences willing to pay.
BlackvineMedia but I agree, it's the way of the future. More power to artists and content creators.
iscariotmedia With propsed new changes Converg_Review maybe content distribution will change. Should download and have a ganda
iscariotmedia Have you seen another project I did. Good idea but... http:\/\/t.co\/A5LdmS6u a start anyway.
BlackvineMedia yeah. I saw that one a while ago. Is it still going?
iscariotmedia Auction site setup because so many artist come 2 me for websites with ecommerce. Better option for mob. Wish was supported.
BlackvineMedia The art biz dynamic is complicated: art centres, gallerists, independents etc
armentisteve Ya I did, I was too late to actually buy it tho. louisck is the man though his standup is so funny
daveArmenti yea louisck is one funny bastard
RT @wired: So louisck decided to sell his latest stand-up special DIY-style, downloadable at $5 & made 500k in 3 days. http:\/\/t.co\/UZDvOjJz
z0x1c I was wrong aboug Zangief being the only one to have a normal that knocks down. Turns out while oiled, Hakan has one too.
Sean_Oliver Techmeme love that dude
wired rob_sheridan the download made 500k. He takes 200k. The gov steals another 100k give or take. So, net profit maybe 110k?
wired louisck I wonder what that is in comparison to for his usual income for show-to-dvd sales.
mikepilarz Did you see his AMA on Reddit this week? Seems like a pretty likeable guy. http:\/\/t.co\/7ADQDDPQ
davidheiser Yep. I love how he pretends like he doesn't get the web. He totally gets it, and is using it to his advantage.
RT Chronotope Louis CK sells and streams DRM-free standup show for $5, makes $200,000 Profit (So Far!). http:\/\/t.co\/lXGsho5w
_steckert mudou a @? :)))
esterk pois então…não tinha nada pra fazer ontem acabei arrumando isso. :-)
_steckert hahaha, muito bem :)))
catvincent i just finished watching it. GOOD SHIT
chris_graves Louis gets it, and may be the funniest guy working. You watch his half-hour show Louie, right?
catvincent yeah i right after i caught the rerun where his great aunt dies in the kitchen XD
andydiggle I bought it as soon as it was available. $5 is about on par with a magazine and it was ridiculously easy to get.
andydiggle wired louisck Christmas Competition. Win an International jersey of your choice - RT plz: http:\/\/t.co\/bUe4Bfmt
andydiggle As well he should have.
miralize Incidentally Sean, I for got to mention the other day that for tracking I use Cameratracker from The Foundry.
Mike_Kiely Is that using AE though?
miralize Yep, in AE.
miralize I bought it. A steal at the price and I like to support the guy and his excellent distribution model.
Mike_Kiely Yeah me also. Brilliant comedian. Need to rent urbanized next
miralize Ah yes! Knew there was something I meant to watch.
Mike_Kiely btw, mike, cant feel my arm.....good exam! enjoyed it actually....no sarcasm!
wired louisck proud to say I'm glad I purchased. Thanks Louis
glynmoody Just a pity about the 500+ torrenters who are seeding the feed after being asked not to.
yuval_dror כן, ראיתי. איזה מלך. גם עשה כסף, גם הכניס לגדולים, גם הוכיח שיצר האדם טוב מנעוריו
drorfo yuval_dror האם זה ישים לקהל הרחב יותר, לאמני פופ שהם עיקר התעשיה? טוב או רע? י
jakeacarpenter how are you, buddy?