We might already be entering the era of music business 3.0.
That’s at least what the CEO of music technology start-up Gideen told me in my recent interview with him.
I like the term. It acknowledges that streaming and downloadable songs (music business 2.0) existed before this new wave of music tech start-ups.
And also acknowledges that streaming and downloads are, slowly but surely, failing musicians.
To be a musician has always been a very poor career move, but you could at least count on album sales to stay (kinda) afloat. That option’s gone, because most people aren’t willing to spend money on music. Digital downloads are dropping. Streaming pays tiny shards of pennies to artists.
So what kind of technology can actually help bands make music, distribute music and get paid? I went to a Boston Music Tech Meetup last week to find out.
Posted in For Bands
Tagged DropKloud, For Bands, GroupTones, Mixxx, music, music marketing, music tech, Musikata, SonicBids, start-up, tech, technology
It’s harder than ever -literally, ever – for bands to sell CDs at shows. People just don’t buy them anymore. CD sales are at an all-time low.
In December 2000, 785.14 albums were sold.
In 2013, that number dropped to 289.41 million. This past January, sales reached another record weekly low.
My laptop doesn’t even have a place to put CDs. Itunes has been offering a digital alternative for years. Streaming radio stations like Spotify & Pandora have made the process of music-to-ears even smoother… and free-er.
Iphones and iPads don’t play CDs.
But bands keep trying to sell them shows, because it’s still one of the most straightforward ways to make money from music. But trying to sell a CD at a show full of music lovers with smartphones is like trying to sell a DVD to someone with Netflix. Or iTunes. Or Amazon. Or Google Play.
Trust me, they’ve moved onto something else.
Last week, the FCC struck down something called “net neutrality.” You might have seen headlines and decided it was boring. Maybe, for a little while, you were curious about the ruling’s meaning.
No one really knows how things are going to work in a post net-neutrality world. But there are a lot of alarm bells ringing. Let’s break it down and then talk about what this could mean for bloggers, writers and musicians.
I recently stumbled across a really interesting documentary – “Unsound.” No, it’s not out yet. In fact, maybe it never will be. Right now, it’s in the funding stages on IndieGoGO and I beseech everyone to go help make it become a reality. Writers, artists, musicians – anyone who does creative stuff needs to donate to the campaign.
It’s not really a donation, anyway, since you get the movie out of the deal.
Unsound is about the increasingly harmful effects of “Free” on the economy – from journalism to music. That’s something I’ve been thinking about for a while, too. Mostly, I want to know why the creative economy is in such peril. So, today, let’s focus on music.
Here’s what’s happening to the industry, and why musicians everywhere are struggling:
Posted in For Bands
Tagged economy, For Bands, music, music business, music marketing, musicians, Pandora, record labels, spotify, streaming, technology, youtube