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The Music Venture Capital Business Model
Source:
HypeBot
This guest post is by Wesley Verhoeve (@wesleyverhoeve); he is an artist manager, producer, curator, and the founder of Family Records. As the music business evolves and moves beyond the antiquated copyright exploitation model, it makes increasing amounts of sense to further explore the thoughts I've shared on the parallels between the future of our business and the current ways of the venture capital/tech start-up world. Every artist (the creative) and their manager (the business person, and together with the ...
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McAfee Study Says Free Music Comes at a Price
Source:
HypeBot
It's seems that all this free music may be almost as bad for your computer as it has been for the bottom line of the average record label. A new report by anit-virus software maker McAfee outlines the threat of “free" MP3s, software, streaming video, fan pages and malicious ads that appear even on well-established web sites. The research found that adding the word “free" to a search for music ringtones resulted in a 300% jump in the riskiness of ...
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How Much Does It Cost to Run iTunes? Hint: It's Big.
Source:
HypeBot
Like anyone in the record and music industries, you've probably wondered to yourself how much it costs to run iTunes. Well, you're not alone. According to the app developer and industry analysis site Asymco, iTunes is approaching an overhead of nearly $1 billion a year. At present, their monthly operating costs are estimated to be around $75 million and if this burn rate is maintained—though it looks to be increasing—iTunes will reach this high mark sooner than later. Austin Carr, ...
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Top Ten Government Mandates Needed to Save the Record and Music Industries from Ultimate Ruin
Source:
HypeBot
Whether or not you agree with U2 manager Paul McGuinness's analysis on how to save the music industry might be beside the point, but it does serve as an opening into the discussion of if we really need to “protect" it in the first place. If you're in radio, the current plan seems to be to avoid innovation and creative destruction at all costs by mandating an entire industry that you don't control or have any say over to install ...
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Is the Sky Falling on the Record Industry?
Source:
HypeBot
Legal scholar Mark Lemley has published an insightful draft paper titled, “Is the Sky Falling on the Content Industries?“ In it, he documents the history of content industries crying foul every time a new technology disrupts their current business model. His quote, as it turns out, juxtaposes rather nicely with one of Greg Kot's: Greg Kot: “The invention of the phonograph was going to discourage people fro m going out to see live music. The introduction of music radio was ...
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