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Impact Study: Newport Jazz & Folk Festivals Contribute Millions To RI Economy
Economic Impact Study Commissioned by Newport Festivals Foundation, Inc. Estimates Newport Jazz and Folk Festivals Contribute Millions to Rhode Island Economy NEWPORT, RI: At the request of the Rhode Island Department of Environmental Management (DEM), Newport Festivals Foundation, Inc. commissioned a study designed to measure the economic impact of the 2012 Newport Folk and Jazz Festivals ...
The American Jazz Museum Posts Profit
The American Jazz Museum has achieved another major milestone in its 15 years of existence. The Missouri-based non-profit organization officially posted a profit during the past fiscal year and began the new fiscal year in the black. Along with significant and consistent marketing communication strategies, an increase in monthly admissions and ticket sales to the museum ...
How Do Musicians Really Earn Their Living? [case Studies]
![How Do Musicians Really Earn Their Living? [case Studies]](https://s3.amazonaws.com/allaboutjazz/photos/logo/hypebotlogo2015.jpg){kind=logo}
The Future of Music Coalition has released data from its Artist Revenue Streamsresearch project, where financial case studies drawing from 4-12 years of accounting data provide information about how musicians are making a living today. These five case studies provide a financial profile of different types of full-time musicians. Each case study graphs and explains the ...
On Withholding Music from Spotify and the New Economics of Album Releases
Don't care what anybody says, artist has a right to withhold their music from streaming services in order to make a couple extra dollars from physical & downloads. It ain't greedy, it's business—if you can sell out Madison Square Garden in 10 minutes (Black Keys, pictured left), if you can sell out 3 nights at the ...
A Musician's Minimum Sustainable Scale
This guest post comes from Fava, who blogs as The Cynical Musician. How big must you be to call yourself successful? I have no idea—it all depends on your definition of success. I propose to answer an easier question here: how big must you be to be sustainable? Unless we define success in really awkward ways, ...
Digital Radio Paid Musicians $36 Million More Than Paid Subcriptions Last Year
Music streaming services like MOG, Rdio and Spotify may be the talk of the industry, but digital radio from Pandora to Sirius XM surpassed them in royalties paid to musicians and rightsholders for the first time last year. According to RIAA numbers, performance royalties from digital radio services grew 60% from $155.5 million to $249.2 million in ...
AARP Says Old People Are Online Too! PS: These Are the People Still Willing to Pay for Music
The American Association Of Retired Persons (AARP) has created a short video to remind us (and advertisers) that those 55 years old and over are online too. In fact, those 65 and older makeup the fastest growing age group on Facebook which, according to the AARP, totalled more than 65 million on the social network as ...
You Don't Say: Rdio's Latest Round Was $17.5 Million...
Someone really, really loves the concept of cloud-based music streaming—despite a very rough history so far. Just last week, we reported that Mangrove Capital Partners had finalized a financial round with Rdio. Well, early this morning, Rdio not only confirmed the round to Digital Music News, they offered a figure: $17.5 million. Actually, Mangrove is joined ...
Help Wanted! - FMC Artist Revenue Streams Project
The Future of Music Coalition has launched a project that seeks to assess if and how musicians revenue streams are changing. They're looking to conduct in-person interviews with a small but diverse set of musicians and composers to collect information about the ways that they're currently generating income from their music, performances or brand, and whether ...
32 Different Ways Artists Can Make Money...
But which ones are really producing serious revenues? Here 32 different possible possible revenue streams for artists, as compiled by the Future of Music Coalition (FMC). The group is currently conducting a survey of musicians to figure out which streams are working the best. A. If you are a composer or songwriter, here are possiblerevenue streams ...
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