Archive for 'Music Industry Trends'

Irving Azoff on Artists as Brands

Posted on 06. Jun, 2009 by Antonella Stellacci.

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Last week at the All Things Digital: D conference hosted by Wall Street Journal’s Walt Mossberg and Kara Swisher, music mogul and Ticketmaster Entertainment CEO Irving Azoff, talked about the status of the music industry today.

Artists (and presumably their labels, managers, etc.) no longer make money off the release of their actual music. “Recorded music is more a marketing tool than a revenue source” for acts now, said Azoff. Today,“recorded music is down to less than 6%” of major musical acts’ revenues, he claimed.  Artists walk in to his office, Azoff said, “who used to make $300,000 to $500,000 a year in royalties [from selling recordings]. And now that’s diminished to less than $50,000” a year.

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[Book] Ripped: How the Wired Generation Revolutionized Music

Posted on 05. Jun, 2009 by Antonella Stellacci.

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41us7kz9g9l_sx106_Everything (and nothing) can be said about the music industry. Chances are you heard it before,  or you said it before, or it was discussed in a conference, or twitted and blogged…

So when you buy a book on this topic, the best you can hope is to re-learn something or understand its historic or human motivations.  And there’s certainly that to be acknowledged to  Greg Kot’s book, How the Wired Generation Revolutionized Music.

But more than the learning, Ripped stays with you because it is not a dry theory, but it lives the lives of the hundreds of persons and facts that Greg Kot, a Chicago Tribune music blogger since the 1990s, collected as an insider.

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#MusicMonday #LiveMusicWednesdays?

Posted on 02. Jun, 2009 by Antonella Stellacci.

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no_fees-300x122

The first quarter wasn’t a memorable one for LiveNation: it reported a drop of 22.6% in attendance at live events from the same period in 2008. But revenue per fan was up by 5.7% (hmm more money from fewer people, right?). It also staged more concerts during the first 3 months of 2009 as well, up by 1% from Q1 2008.

The loss was admittedly wider than expected and LiveNation had to reassure the upset market that the summer with its strong line-up of big names would fix the books and 3mln $30 tickets would be sold to rabid fans, despite the recession.

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Weekly Digest on the Music Industry – May 31, 2009

Posted on 31. May, 2009 by Antonella Stellacci.

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BREAKING NEWS

-The Power of Music

Trent Reznor And Twitter Help Raise over $850,000 for Fan in Need -For donations: NIN Store

-Towards a PanEuropean License? Diverging views

EU pushes music industry to open up online rights

Elbonia: Your next (and only) music destination?

-Good news for music streaming sites

For the US: Big Music’s ‘friendlier’ new deal NYT Versions and P2P One

For the UK: Welcome Back YouTube, Pandora? PRS Lowers UK Per-Stream Rates… But Read the Fine Print? Pandora Cries Foul on PRS…
BUZZ

Video: Spotify’s Amazing Android App

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Music Discovery – Hot Or Not?

Posted on 30. May, 2009 by Antonella Stellacci.

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Are you a Last.fm addict? Does Pandora suck? Do you want to be in charge of your music discovery or should Charts do the job for you?

Music Discovery is a hot topic. Here’s a selection of some recent interesting articles:

Slacker vs Pandora -Bob Lefsetz - Fine music lovers as Lefsetz hit a wall with Pandora’s “dummy” recommendations. Slacker fine-tuning features seem a better fit for this sophisticated audience. Nice read!

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PandoraOne, Desktop Apps and Premium Services.

Posted on 25. May, 2009 by Antonella Stellacci.

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Inspired by the launch of the slick NYTReader app, TechFold opens a provocative debate on the “death” of the browser and the role of desktop applications.

Apps according to Edwards offer many advantages over a simple browser site:

  • “Apps can provide a better user experience than generalist browsers.
  • Apps help companies “own” the user relationship – branding, formatting, metrics, and the like.
  • They also enforce loyalty, or at least habitual usage – the presence of an icon on your desktop or in your Start menu is a powerful call to action.”

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Weekly Digest on the Music Industry – May 24, 2009

Posted on 25. May, 2009 by Antonella Stellacci.

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COMPANIES

ARTISTS

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2009 SanFrancisco MusicTech Summit

Posted on 24. May, 2009 by Antonella Stellacci.

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The annual San Francisco Music Tech Summit collects experts and entrepreneurs dealing with the ways technology is transforming the music industry.

A few highlights from this year’s edition gathered throughout the blogo/twittershepere:

-A RIVER OF (SMARTER) DATA

Digital music is still in its infancy. There’s definitely more than playlists, music in the cloud and artist pages. And a few innovative companies promise to have the answer.

-Say good-bye to editorial picks and dummy collaborative filtering. The future is a gigantic “music brain” that is fed by the massive river of unstructured information that is the Internet in a continuous learning process.

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The new age of streaming is officially here.

Posted on 19. May, 2009 by Antonella Stellacci.

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napster

Napster started the music revolution 10 years ago with its file-sharing network. Today’s announcement on the roll-out of a $5 subscription for 5 downloads and unlimited streaming might not sound as epic.

But the fact of the matter is that it officially sanctions the shift from Downloads to Streaming.  From Ownership to Access.

We are not yet into the full-fledged Access Era as depicted by Caraeff and Masnick with interactive listening and your library in the cloud.

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Artists Against…

Posted on 18. May, 2009 by Antonella Stellacci.

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A BLANK CD

Producer Danger Mouse and rocker Mark Linkous of Sparklehorse have decided to go against EMI legal threats and release their new CD, Dark Night of the Souls, as a blank CD  reading, “For Legal Reasons, enclosed CD-R contains no music. Use it as you will.” The CD comes with a book of photos provided by film-maker David Lynch.

The album, which has been one of the most hotly anticipated albums of 2009, features Iggy Pop, Black Francis (of the Pixies), the Flaming Lips, Jason Lytle, James Mercer (of the Shins), and Julian Casablancas (of the Strokes) and others all contributing original material.

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