August 24, 2015Thoughts On Fixing The Music Industry
A couple of interesting articles appeared in the last week or so about fixing and/or saving the music industry.
The first is by Peter Kafka on recode.com and he references the late Dave Goldberg, who had a better idea: He wanted to radically reinvent the modern music label, by cutting its staff and expenses dramatically, focusing almost entirely on digital and moving away from making new music.
Under Goldberg’s plan, the big label of the future wouldn’t try to sign Taylor Swift, or the next Taylor Swift. It would lose a lot of the sex appeal the business still maintains and its revenues would shrink. But it would end up being much more profitable, and much more valuable.
August 10, 2015Is The Music Biz Sleepwalking Into Disaster?
"While the popularity of streaming has been increasing, revenue from downloads has been declining, and as more companies like Apple and Spotify focus on a playlist model of distribution, traditional albums, and the music industry as a whole, could be in trouble." ...
July 7, 2015The Cover Of Rolling Stone Ain't What It Used To Be
"When a population becomes distracted by trivia, when cultural life is redefined as a perpetual round of entertainments, when serious public conversation becomes a form of baby-talk, when, I short, a people becomes an audience and their public business a vaudeville ...
June 15, 2015Apple Jumps In The Stream
Unless you were too busy checking out Caitlyn/Bruce Jenner's Vanity Fair cover article, or finding out what sex Kim and Kanye's next baby will be, then you might have seen or heard that Apple finally announced their launch of their streaming music service this ...
From The Center For Media Research comes the above titled article in their newsletter. Yet more confirmation on the slow death of traditional TV. Here's the content: "According to the recently released Deloitte "Digital Democracy Survey," streaming video ...
May 1, 2015The Man Who Broke The Music Business
My thanks to reader Tom Cartwright who sent me the above article from The New Yorker magazine by Stephen Witt. It's certainly an eye-opening article, and with all my years in the industry, I had never heard or read anything about this. The article is sub-titled 'The ...
April 24, 2015Maybe 'Tidal' Wasn't The Right Name?
"The for-pay services are deluding themselves by trying to establish a permanent monetization of something that's in flux," -- Steve Albini said during an interview with Vulture. "The Internet provides access to materials and things. Creating these ...
April 10, 2015Music Subscribers Drop
"The RIAA in its midyear report had paid subscribers at 7.8 million, but by the time we got to the end of the year, it was only 7.7, a loss of 100k subs. So what gives?" -- Last year was a banner year for music subscription in the U.S. The RIAA ...
March 27, 2015When It Was Fun
"And the most amazing thing is I get paid for doing this." -- Steve Martin Several years ago, old friend and ex-EVP/Promotion (and more) at Columbia Records Bob Sherwood sent me an e-mail telling me that upon a visit back to the "Black Rock" ...
March 20, 2015A Chat With Joan Jett
One of the best parts of all my years in promotion for Capitol Records and MCA Records, was getting to meet some truly great artists and some equally great managers. I'm still friends with many of them today, and I try to see them when they pass through town. I had the ...