Music Business Weekly Wrap-Up
There’s a lot of information flying around out there, and I’ve picked some highlights from this week in music business news and artist advice that I think you might find interesting and helpful:
Artists House Music:
- I recommend every single person that I’m following for good conversation about the music business: http://twitter.com/artistshouse/following
- How Outsiders Drive Innovation http://ow.ly/hx2g
- Are Music Industry Stats Relevant to You? http://ow.ly/hr9E and…
- More on Music Industry Stats and Relevance http://ow.ly/hrjG
- How a Music Supervisor Finds Songs for a Film http://ow.ly/hqp6
- Artists House Music: Why Are We Doing This In The First Place? http://ow.ly/hkt0
- I think at this point if you’re still using MySpace to share your music, you look like you don’t know what you’re doing. More on this later…
News:
- Reader donations save ‘Paste’ magazine http://ow.ly/hwX6
- Rykodisc Shuffled Under ILG, Staff Cut http://ow.ly/hq3P
- EMI Considers Bond Issue To Re-Finance Debt http://ow.ly/hwsB
- TopSpin: New Site, New Music http://ow.ly/hq31
- Facebook Hits 250 Million Users http://ow.ly/hq4I
Thought/Opinion/Advice:
- Henry Rollins on advertising and ‘selling out’: http://ow.ly/hDne
- 15 Essential Web Tools For The Musician http://ow.ly/hwUz Which ones do you use?
- Collaborations and Sticky Situations http://ow.ly/hwuy
- RSS and the Greatly Exaggerated Rumors of the Album’s Death http://ow.ly/hrbP
- Traveling as a Musician http://ow.ly/hqbK
- What Happens When the Band Breaks Up? http://ow.ly/hgsn
- A Musicians Guide For Finding Managing and Reading Music Blogs (if you don’t use RSS, read this) http://ow.ly/hdMS
- Exercises for Mastering Notation http://ow.ly/h9YE
You might notice if you peek over to the top right-hand side of this page that I added a new feature. Since you guys offer us so much support, I wanted to find a way to put you guys back in the spotlight (without turning our twitter stream into a ‘thank you for the love’ stream). So, now whenever you @thank us on twitter, your message will (should) appear up here on the blog! Small steps forward.
Are Music Industry Stats Relevant to You?
If you haven’t had a chance to download and browse Nielson’s 2009 presentation at NARM, you should check it out now. If you’ve been keeping your finger held to the pulse of the music business at all, none of this will surprise you. But it’s still good to keep yourself informed with the latest information available so that you can decide how to interpret it and how it might influence (or not) your decisions.
Some general trends:
- Listening to music (what they call making “music decisions”) is more ubiquitous because of 24/7 on-demand access.
- Digital music is estimated to be about 40% of total music purchases, compared to 8% in 2005.
- Physical sales at mass & electronic retailers (Best Buy, etc.) are down, sending a slight increase to value-oriented retailers such as superstores and evil companies like Wal-Mart.
- Vinyl sales momentum continues…
- Statistics tend to vary widely from genre to genre. Of course, this is a demographic matter. It shouldn’t be too hard to understand that classical and country will have slower digital growth than pop or indie rock.
It should go without saying, but keep in mind that industry stats give a macro view of what is happening, which, while informative on some level, may have absolutely nothing to do with what’s happening in your career. Of course, don’t live by these numbers (you’ll die by them too) - weigh them in conjunction with everything else, including your own observations about what is happening in your own specific genre, scene, or locale.
In my opinion, we are in a time where pop culture tends to skew statistics to the point of being irrelevant. For example, the huge increase in vinyl sales in the last couple years has more to do with aesthetic appeal (nostalgia) than it does anything else. Consider that in the top 10 selling vinyls for the year are Elliott Smith, Guns N Roses, Bob Dylan, and Neutral Milk Hotel. There’s something going on there, and it probably doesn’t have anything to do with you. In other words, please don’t press your new release in vinyl unless you have a really good reason to do so. All of this is simply to say you may be a better arbiter of what’s going on in the music business than anyone else can be right now. Stay informed, and then pay attention to what’s actually happening around you.
Artist Report Card

Nick Crocker of http://waycooljnr.com.au wrote a very helpful article that offers DIY musicians a report card of sorts for their marketing and social media strategies. Of course, the numbering/grading system is somewhat trivial, but I think this is a great checklist for musicians to prioritize their activities and make sure you’ve got all your bases covered. Starting with the basics like setting up a mailing list and my personal favorite: “Do you have your own MySpace, with autoplay turned off, featuring your best songs?” [emphasis added]. All the way to some basic SEO checks. This list is by no means exhaustive, and I don’t think it was intended to be. These are some basic essentials that shouldn’t be looked over. Take a minute to grade yourself and identify some areas that you need to work on in the future:
The Online Artist Report Card: http://ow.ly/diNR
Even if it helps you take just one small step forward, it will have been worth it!
Weekly Wrap-Up
In case you missed something, here are some highlights from last week in music news and artist advice!
Artists House Music
- Bandcamp 1.0: The best home on the web for your music? http://ow.ly/2cys
- Why Interruption is a Crappy Music Business Model http://ow.ly/2897
- Are You An Artist or Entertainer? Guest post from @primusluta http://ow.ly/1HqY
- Chris Anderson Discusses The Four Kinds Of Free http://ow.ly/1QHr
- China: Our Digital Future? http://ow.ly/1UYJ
- Music Business Education - a document we put together on higher education in music business - http://ow.ly/1UYU
- This Week’s Music Tech Talk w/ Randy http://ow.ly/20Yp
- AH Conversation: New Ways Of Controlling The Channel http://ow.ly/1UZz
- Last week’s Chat with the Artists House Crew - http://ow.ly/1UUe
- Tools For Finding A Unique Domain Name http://ow.ly/1UYp
Music News
- Last.fm Temporarily Backs Down from International Subscription Fees http://ow.ly/1HId
- Google Launches Free, Legal Music Downloads in China http://ow.ly/1H9v
- Redeye To Distribute Indie Kill Rock Stars http://ow.ly/1N0v
- RIAA Appeals Royalty Rate Determination http://ow.ly/1N0R
- SeeqPod Files for Bankruptcy Following Major Label Lawsuits http://ow.ly/1QJD
- Survey Shows Teens Buying, Downloading Less Music http://ow.ly/1QK2
Advice/Thought/Opinion
- Is a Last.fm Powerplay campaign right for you? http://ow.ly/27Ol (My opinion, DON’T waste your money)
- Publish or Perish http://ow.ly/27oE
- Thoughts on thinking strategically http://ow.ly/27mU
- Music Licensing Landscape http://ow.ly/24PZ
- Meeting People in Your Scene http://ow.ly/1QJt
- 5 Ways to Find Musician Jobs http://ow.ly/1UZ6
- What is the Record Label of Tomorrow? http://ow.ly/20LP
- The End of the Music Album as The Organizing Principle http://ow.ly/20M7
- Step Away from the Laptop: The Value of Face to Face Contact http://ow.ly/20Mh
I hope all of you find these links helpful - as always, you can be part of the conversation with us by following us on twitter. Cheers!
Calling All Go-Getters, The Music Industry is Yours
I was very much inspired after reading a post by Seth Godin over at his blog: Music vs. The Music Industry.
Seth has a way of distilling a problem/conversation/question to its very essence, and his thoughts on the music business are no exception:
The shift that is happening right now is that the people who insist on keeping the world as it was are going to get more and more frustrated until they lose their jobs. People who want to invent a whole new set of rules, a new paradigm, can’t believe their good fortune and how lucky they are that the people in the industry aren’t noticing an opportunity…
If that doesn’t get you psyched about the future, I don’t know what will. One thing we often underestimate is our own ability to define the future. And as a musician or music entrepreneur, one couldn’t ask for a more ripe time to start defining the landscape. Despite all the confusion in the industry and the multitude of people claiming to have the next big solution, the one thing we do know is this: The people who used to call the shots don’t even have a voice anymore. At the same time, independents are empowered like never before.
It’s the aligning of the planets! Even a small but empowered group of go-getter musicians/music entrepreneurs can change the landscape.
This is our chance to run through the legs of the giants and define what kind of ground their oversized feet will touch when they finally catch up (if they do).
The important distinction here is that music labels used to be in the business of grabbing shelf space, on the radio and in the record store. Now, the music industry needs to realign and be in the business of finding and connecting and leading groups of people who want to follow a musician and connect with the other people who want to do the same…
You might be able to cite an example here and there of how the majors are “focusing on fans”, but the fact is they are shooting into the dark. They’re still finding new ways to do what won’t work — download cards in the aisles of grocery stores, lame “music-discovery” sites that only work in certain countries, pre-bundled music on PCs….Borrrrring. Who even cares?
It’s people like Kristin Hersh at CASH Music who lets you download her ProTools files to remix and share. Or Ian Rogers at TopSpin who let you “Sex Bomb A Friend”. Or Trent Reznor of Nine Inch Nails who encodes secret messages into his merch that lead you into an alternate reality filled with padlocks, secret societies, and underground resistance movements. Cool.
As one of our Twitter followers, Will Kriski, keeps asking, “Why are we spending so much time looking at what others are doing instead of focusing on what we’re doing?” While it’s important to keep a finger on the pulse of the industry, he’s completely right. Instead of looking to see where they’re going, let’s tell them where to go.
Instead of looking for the next model, just BE the next model.
Weekly Wrap-Up
Here are some highlights from this week in music news and musician advice:
From Artists House Music:
- We want one of you loyal twitter followers to write an Artists House theme song! - details here http://ow.ly/get
- AH Vault: Chris Blackwell On Getting Started in the music biz http://ow.ly/gd7
- Guy Kawasaki’s Tips On Linked-In Job Hunting http://ow.ly/dox
- Thanks to CrazedHits.com for featuring our interview with Neil Portnow, president of NARAS (the Recording Academy): http://ow.ly/cFG
NEWS
- SoundExchange Makes New Settlement Offer To Webcasters http://ow.ly/cFN
- TotalMusic, Tunepost And Ruckus Shut Down http://ow.ly/cFf
- The Complete List of Grammy Winners http://ow.ly/doC
- MySpace Scores User Engagement Gains (How much time do you guys spend on MySpace?) http://ow.ly/geo
- Twisten.fm - They Tweet You Listen http://ow.ly/gei
- YouTube gets video downloads as Sony re-signs deal http://ow.ly/gem
- Ruckus (music subscription service for universities) Closes http://ow.ly/doy
- Remixable iPhone Album Points to Future http://ow.ly/gb8
- National Endowment for the Arts funding stripped from the economic stimulus package http://ow.ly/ekz
- Online Music Radio Listening Jumps 36% http://ow.ly/f6V
- Indies Win 50% Of This Year’s Grammy Awards http://ow.ly/ekG
- Live Nation, Ticketmaster Merger Risks Antitrust Scrutiny http://ow.ly/ekF
ADVICE, THOUGHT, OPINION
- Daily D.I.Y. - Building Personal Brand Within the Social Media Landscape http://ow.ly/dow
- Video: Seth Godin On Why You Need A Tribe http://ow.ly/dou
- Going Mobile - The Future Of Marketing For Musicians http://ow.ly/f75
- How To Get Involved In and Influence U.S. Arts Policy http://ow.ly/gek
- SXSW Networking Tips by Martin Atkins http://ow.ly/dop
- Advice from a Freelance Singer http://ow.ly/cFv
- Building Your Team Part 2: Help From Your Fans http://ow.ly/f6P
- Organize Your Music Team http://ow.ly/geg
- Free Downloads lead to Paid Downloads http://ow.ly/cFz
- Being Humble as a New Artist http://ow.ly/cb7
- 24 Hours to Save a Horrible Mix, Part II http://ow.ly/gfT
- Getting Music Press: The Dos http://ow.ly/cb5
As always, you can partake of all the music biz goodness by following Artists House on Twitter.
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