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Prediction: Major Label Will Aquire Diy Distributor
By Frank Woodworth (@GlacialConcepts), Director of Business Development at Thrillcall, a concert discovery and ticketing platform for web and mobile applications. A major label is going to buy a DIY distributor, such as TuneCore or CD Baby. This is the next logical step in the roll up of distributors. In the past five years the independent distributors have ...
Investing in Individuals: Future Royalties and Future Prospects
Financial news items periodically remind us that there are a variety of ways to raise funding from any asset or class of investors. David Bowie sold bonds backed by revenue from Bowie's recordings in the late 90s, now crowds fund a wide range of music projects for artists without previous access to such funding. A trend ...
Music Sponsorships Top $1.28 Billion in 2013
Brands will spend $1.28 billion in 2013 to sponsor music venues, festivals and tours in North America, a 5.4% increase from 2012, according to IEG Research. That increase puts music on par with the projected 5.5% increase in overall sponsorship spending and leads the 5.1% for the whole entertainment category. Beer, bank and spirits are the ...
The Early Beginnings of Direct-to-Fan: How Grateful Dead and Phish Made It Happen
By Virginie Berger (@virberg), founder and general manager of the creative and development agency DBTH. To cut to the chase and get at the heart of the matter, the biggest apparent challenge that I can identify for direct-to-fan is that the music industry is broken and no one has yet discovered a practical model that will allow the typical ...
The Tools of Music Fan Engagement [part 2]: Newsletters
In Part 1 of Bandzoogle's “Tools of Music Fan Engagement" blog series, I discussed blogging. Another important tool to use for fan engagement are email newsletters. Having an email newsletter might sound a little old school, but the reality is that it's still proving to be the best way to keep in touch with your fans ...
Music Leads the Way in Return to Analog
A seemingly inevitable cultural embrace of analog, or what we used to call “real world" products and experiences, is underway and the music industry is very much in the forefront with indie record stores, vinyl, merch and live shows. But to hear a rep from Google speak the music industry is fetishizing the past and vinyl ...
Can Pandora Find a Business Model That Works?
By Kyle Bylin (@sidewinderfm), founder and editor of sidewinder.fm, a music and tech think tank. Royalty payouts and the burden they impose have always been a strongly debated issue when it comes to Pandora. The company has pursued numerous routes to lower the cost of music streaming from listening caps to government lobbying — some of which have been more ...
Adrian Grenier's Wreckroom Bubbles Along in Brooklyn
Wreckroom is getting close to a year old and it seems to have settled into a pleasant groove. Adrian Grenier and friends open their basement recording studio to record a song and shoot a video. The audio and video are distributed on the project's channels and via participating acts. It's an increasingly common model for web ...
Music Fest Debuts Beer Delivery Drones
It's all abut serving the fan, and small drones is the solution for one music festival. Set to make their first appearance at the OppiKoppi fest in South Africa, these flying drones will keep festival goers from leaving the pit just to wait in line for the next brew. “The device is an 8-propeller helicopter that ...
The Business of Phish: Building a Tribe
A recent post on the Priceonomics Blog looked at “The Business of Phish" with a focus on the early years of Phish's steady development and the eventual emergence of Phish as an improvisationally-oriented jamband and touring phenomenon. Along the way they hit three touchstone concepts of contemporary tech and marketing that are well-illustrated by musicians at ...
