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Did You Know? 2010 Was the Worst Decline Ever for the Concert Industry...
It's worse than you think. “2010... was the single largest year-over-year decline in the history of the live event business, straight up, in the 35 year history of Ticketmaster and I think anywhere else," said Ticketmaster CEO Nathan Hubbard in a weekend interview with Topspin head Ian Rogers. “You have to take a step back and ...
Kickstarter Now Has 10,388 Successful Projects. and 3,110 Are Music-Related...
Kickstarter is now celebrating its 10,000th successfully-funded project—and 3,110 of them are music-related. In fact, music is the most successful category, just barely edging out film and television. So, jump right in and get some cash? Not so fast: it turns out that 13,113 projects were failures, and never met their funding goals (a 44 percent ...
The Concert Industry vs. the Concert Industry...
Is the concert industry at war... with itself? That was the feeling after a Monday conference call with the newly-announced Fans First Coalition, a group that features a number of leading managers, venue owners, and promoters. But Live Nation executives were not part of the call, despite a token listing on the Coalition site. The group's ...
Who's Gonna Gain, Who's Gonna Lose This Summer...
There are huge downsides to going public, including a raft of laws related to financial disclosures. Bottom-scraper The Orchard (ORCD) eventually quit this game and closed its books to the world, while Pandora (P) is now showing us its non-profitability for the first time. And, here's the list of music companies about to show us more—for ...
Lyor Cohen: Vinyl Will Definitely Outlast CDs...
One's going down, the other is resurging. But will vinyl ultimately outlast the CD, a decade or more from now? “Vinyl will definitely outlast CDs because of the resonance, the sound," Warner Music Group top executive Lyor Cohen recently told Forbes. “The quality is closest to the way the artist wants you to hear it." A ...
John Mayer: Twitter Killed My Ability to Write a Song...
There's a reason why some artists quit Twitter—or, never start an account at all. “I realized about a year ago that I couldn't have a complete thought anymore," John Mayer told a group of students at Berklee College of Music. “And I was a tweetaholic." Sounds funny at first, except when Mayer reflected onthe impact on ...
Time to Declare War on Aftermarket Ticketing?
It's hard to wage a morality war against high-priced concert tickets, especially when fans are voluntarily paying through the nose. But concert ticketing—especially aftermarket ticketing—is oftentimes a shady affair, one that could be bad for the longer-term health of this sector. And, for festivals that rely on their brand name and reputation to attract repeat attendees ...
What This Economy is Doing to Creativity...
There's a dark theory about great, lasting art. Some of the greatest and influential music has sprung from pockets of desperation, poverty and struggle, and a desire to escape these confining elements. It's why Robert Johnson will be remembered long after the Strokes; why Eminem started in a trailer and not a mansion; why the funniest ...
Is Targeting the Problem? Fanbridge Has an Idea...
If the noisefloor hasn't drowned your band yet, FanBridge has an idea. The company is now experimenting with a range of targeted ad products designed to reach fans most likely to appreciate your music. And, break through the increasingly-noisy net in the process. “We know how to find the folks who want to find you," FanBridge ...
