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Mark Mulligan: The Economics of Free Don't Add Up, but They Could
click on image to enlarge The economics of free music don't add up says highly respected music industry analyst Mark Mulligan in a new Midem blog post, and cloud music services are not helping enough. But significant revenue is possible, argues Mulligan, if the music industry would: 1. Focus on subsidized, consumption-era products. “Think how small ...
Overheard at NARIP's NYC Biz Brunch
This guest post comes from Walt Ribeiro, a freelance writer and blogger. He runs For Orchestra where he arranges pop and rock songs for orchestra. The National Association of Record Industry Professionals (NARIP) had their monthly Biz Brunch recently to bring together industry producers, songwriters, and publishers to network and discuss trends. We've covered NARIP before, ...
Read MySpace CEO Mike Jones' Goodbye Email to His Staff
MySpace CEO Mike Jones sent an email to his staff of 400 today to announce the sale of the company to Specific Media. In the letter, Jones acknowledged that staff cuts would be deeper that expected (sources say well over 50%) and that he would be leaving the company within two months. Full Text Of CEO ...
MySpace Sold to Ad Network Specific Media for Just $35 Million
MySpace has been sold to ad network Specific Media for a reported $35 million. News Corp, which paid $580 million for MySpace in 2006, had hoped to get as much as $100 million for the struggling social network. Sources are reporting that MySpace will refocus on music, after failed attempts to broaden to a more general ...
What Are the Odds of Succeeding Without a Record Deal?
Do musicians need a record deal? On Music Think Tank, the debate rolls on with a post by Bryden Haynes. He discusses an earlier MTT post on whether or not musicians need social networking which stirred up the debate. He addresses the question: “What are the odds of succeeding without a record deal?" “...most musicians (eventually) ...
Vibedeck Extends Free Direct Music Sales Platform
Vibedeck, which launched last month and announced $2 million in funding a few days ago, is extending its free direct to fan sales platform. One new widget empowers sales direct on a band's Facebook page, and another can be embedded on virtually any website. VibeDeck provides a free service for musicians to publish customizable web pages ...
Not Free: Revenue Innovation for the Music Industry
Saul J. Berman's “Not For Free: Revenue Strategies for a New World“ offers a solid approach to understanding revenue innovation in a constantly shifting digital landscape. Berman discusses revenue innovation with numerous examples from media companies which he considers canaries in coalmines. Though his examples focus on larger enterprises, the message which should resonate with anyone ...
How to Write Library Music That Sells
The licensing opportunities for library music continue to expand as do the catalogs and business models. With up-front fees shrinking, how do you increase your chance of high-profile placements that will earn you residuals and additional writing commissions? What sells best has always been a mix of traditional, contemporary, and an understanding of your audience. Think ...
Shazam Lands a Splashy $32 Million Round...
Wondering where the splashy digital music investments went? Well, Shazam has just landed a massive, $32 million funding round, according to details just shared by the company with Digital Music News. Investors Kleiner Perkins Caufield & Byers (KPCB) and Institutional Venture Partners (IVP) are leading the round, with existing investor DN Capital participating. The move signals ...
Grammy-winning Composer/trumpet Player Terence Blanchard To Compose Original Music For "A Streetcar Named Desire" On Broadway
GRAMMY-WINNING COMPOSER/TRUMPET PLAYER TERENCE BLANCHARD TO COMPOSE ORIGINAL MUSIC FOR FRONT ROW PRODUCTION'S A STREETCAR NAMED DESIRE, WRITTEN BY TENNESSEE WILLIAMS DIRECTED BY EMILY MANN, STARRING BLAIR UNDERWOOD, BROADWAY, SPRING 2012 New York: Front Row Productions (Stephen Byrd, Alia Jones) is proud to announce that the world-renowned film composer and trumpet player Terence Blanchard will compose ...
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