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The 5 Stages of Grief - A Tale of Major Label Decline
This TEDx Talk gives an overview of the decline of the major labels through the lens of the five stages of grief. The lecture is a little dated, as it came out in August of 2009. But the content is great. Jeremy Silver, a digital media thought-leader and blogger, gives a very thoughtful take on the ...
Sign of the Times: Sony Closes Major CD-Manufacturing Plant in New Jersey
After 50 years in operation, Sony is closing a major CD-manufacturing plant in New Jersey. The killer: the shift to digital music downloads and a soft economy. Surprise. Once the Sony DADC plant in Pitman ceases manufacturing operations, about 300 workers will lose their jobs. Sorry guys. In the early days, the Sony DADC plant produced vinyl music albums ...
10 Business Models That Rocked 2010
Nick De May from Board of Innovation published this presentation. It outlines ten business models that rocked in 2010. Six of these models are related to the music industry such as Spotify, PayWithATweet, Kickstarter, and Flattr. If you've ever wanted to see a straightforward graphic outline of how companies like these make money - watch this slideshow. ...
How Artists Can Profit from File Sharing and Give Back to Their Fans Along the Way
This week on Music Think Tank started out with a post by Chris Bracco on 6 ways to give back to your fans. He delves into strategies that artists can use to keep their fans interested and coming back for more. Next, Jim Grobecker, a new author, presents a post on how artists can profit from ...
Coming to a Library Near You: Free MP3s!
Residents of Seattle are in for a treat. They can now download free MP3s via their local library. Through Freegal Music, an online database of songs from Sony Music, patrons will be able to acquire three - free, no DRM strings attached - digital music downloads. MP3s will be compatible with all devices. To access the songs you will ...
US Music Sales Drop Again in 2010, Digital Flat
According to Nielsen SoundScan, total album sales in the US were down 13% in 2010. 326 million albums were sold in all formats vs. 374 million in 2009. Overall music sales (albums, singles, music videos and digital tracks) fell 2.5%. Digital track sales inched up just 1% to 1.17 billion units in 2010 compared to digital ...
86% Of Fans Want iTunes to Price Match Amazon
Fans want iTunes to price match Amazon. With a keynote from Steve Jobs coming this month, the writers behind TMM surveyed their readers on what they hoped will be announced. 86% of them want iTunes to price match with Amazon's services. It's possible, but not likely. With 70% of the digital music download market, Apple doesn't ...
33% Of Internet Users Paid for Digital Music Online
According to the results of a survey conducted by The Pew Internet organization, 33% of Internet users have paid for digital music online. It's hard to say. Is this newly released statistic surprising or upsetting? At first, it's impressive to think that anyone buys digital music, considering the prevalence of file-sharing. Then again, it's upsetting that ...
Bruce Houghton: 8 Things I Hope for the New Music Industry in 2011
1. The Rise Of The Musical Middle Class - We talk about a long tail of artists—a new era with fewer superstars but more musicians and other creatives making a living doing what they love. We know it already exists. Hypebot and our sister booking agency Skyline Music exist in this space and serves these artists. ...
Kyle Bylin: 4 Things I Hope for the New Music Industry in 2011
Ready or not, 2011 is upon us. The new music industry has traveled down a long and winding road. It's not over yet. As 2010 passes by, many predictions are being made about what lies ahead. Rather than add to the prognostication and vast hope for the launch Google Music, Spotify coming stateside, and Apple getting ...
