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The New Forms Of Payola In 2011: The More Things Change, The More They Stay The Same Q-Tip said it best back in 1991, “Industry Rule # 4080, record company people are shady!
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Pierre Priot shared this post on Facebook page. (October 12, 2011 4:48 AM) |
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Pierre Priot shared this post on Twitter. (October 12, 2011 4:48 AM) |
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Pierre Priot shared this post on Facebook. (October 12, 2011 4:48 AM) |
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Pierre Priot shared this post on LinkedIn. (October 12, 2011 4:48 AM) |
Kill The Record Industry
I was devastated to learn that Adam "MCA" Yauch left us on Friday. His life is full of moments to celebrate: License to Ill-era shenanigans on Japanese TV; the dense sample-based lyricism of Paul's Boutique; his return to the bass on Check Your Head and Ill Communication informed by the decade of musical exploration that followed the group's formation in NYC's hardcore scene.
Lucian Grainge, the chairman of Universal Music Group, and Scott 'Scooter' Braun, Justin Bieber's manager, are looking to form ventures with promising tech-savvy entrepreneurs in the music business. CROWDFUNDING INDUSTRY REPORT Market Trends, Composition and Crowdfunding Platforms. This abridged report is compiled from data included in our complete Crowdfunding Industry Report which provides an in-depthanalysis of crowdfunding market trends and composition, and an overview of Crowdfunding Platforms (CFPs) that explains theirfunctionality and the different models at play. 
We've already seen over a half a dozen studies of varying viewpoints that seem to confirm what a lot of observers have thought all along about file-sharing... 
SoundCloud’s new copyright practices come down hard on the DJs who helped make it one of the most promising music-hosting services on the Web. 
Almost 50,000 projects have sought financing on Kickstarter since the site began on April 28, 2009. About half successfully reached their fund-raising goals. Each dot represents how much a project raised by its deadline. 
Low-budget artists from the West are exploring the opportunity to tap into India's creative energy turning it into an arts outsourcing destination. 
As the Justice Department presses forward with its lawsuit filed last week against Apple and two publishers for allegedly colluding to raise prices and manipulate the evolving market for digital books, the nation’s other antitrust regulator is weighing whether to approve a transaction that could dramatically impact the development of another digital market: music. 
Touring is expensive. My band Enation has at times lost thousands of dollars doing it all the wrong ways. I have talked with other musicians who have had the same problems: working months to get on the road only to be met with a lot of debt at the end of the tour. You’ve probably made some amazing memories and had a lot of fun… but if touring becomes a consistent financial drain then chances are you won’t be able to sustain it. 
Spotify has moved a step toward embracing the web by introducing a new embeddable widget - but the launch highlights perhaps one of the biggest anomalies of the music service. 
For a couple of weeks, rumors have swirled that Beats Electronics, the headphone maker, will acquire Berkeley's MOG, a music subscription service similar to Spotify. While Jimmy Iovine, the chairman of Interscope Geffen... 
From a representative survey of 2,000 French individuals, we study whether consumption of music through streaming services, such as Spotify or YouTube, is a substitute or a complement to other music consumption modes such as CD, pay-downloads or live music. Controlling for the taste for music, various socio-demographic characteristics, as well as for the usual determinants of music consumption either offline (radio, TV, friends/relatives) or online (online recommendations, social networks), our results show that consuming music as streams (where the consumer does not possess the music but has just an access to it) has no significant effect on CDs purchase but is a complement to buying music online. The use of streaming services also affects positively live music attendance, but only for national or international artists who are more likely to be available on streaming services. These results suggest that a new music ecosystem is emerging in which the “possession” as well as the “access” modes of recorded music consumption might coexist. 
The Echo Nest is possibly the hottest music data company around right now. They've signed deals with Nokia, EMI, Clear Channel, Spotify, and most recently, Vevo. |
On the face of it, Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force, combining Universal's star lineup of Lady Gaga and Rihanna with the British company's deep library of The Beatles, Pink Floyd and Katy Perry. Certainly the fierce opposition from rival Warner Music Group, consumer groups and independent music companies makes it seem that way. They have all vowed to fight it tooth and nail, telling U.S. and European regulators that the merger would create a behemoth capable of controlling the future of digital media by withholding content from digital music startups. 
MP3tunes.com, a service which let users put their personal music collections online in a "locker," then made those songs available on any device, has declared bankruptcy.Founder Michael Robertson blames an expensive and time-consuming four-year legal battle with EMI Records. EMI sued the company back in 2007, arguing that building this kind of service without licenses was copyright infringement. Since then, Amazon and Google have launched very similar services with no license agreements. MP3tunes also won a pretty big legal judgment last summer, where a judge basically threw out most of EMI's case. 
Singer says Virigin EMI 'would have preferred that I do an album with popular punks', rather than a collection of French classicsIggy Pop's new album has been rejected by his record label, forcing the singer to release it himself. 
The big mistake that the industry continues to make is that too many are thinking of music in terms of social engagement, when it is actually a deeply personal experience. 
The UK government, following the lead of the US's National Institutes of Health and several foundations, is considering mandating the research it funds be made open access. To help share unpublished data, they're talking to Jimmy Wales. 
From Tuesday, music fans will be able to sift through the late DJ's vast archive as part of an expanding virtual museum... 
Grooveshark is getting it from all angles. Not only did its only major label deal (with EMI) collapse, but the company is now being sued by all four major labels for large-scale copyright infringement due to its policy of letting users upload music into its system, where over 30 million people stream it for free each month - mostly in the absence of licenses from artists, labels, and publishers. 
Slash says the music industry has turned into the "Wild West". 
Beethoven + Social Media = Crowdfunding Patronage (Listen to Audio from the SXSW Panel)... 
The new reality of the music industry offers more control for musicians alongside a sometimes crushing responsibility. Sometimes, living the dream means selling your belongings to pay your rent. 
Grooveshark is undoubtedly playing a sad song today, but it's definitely not from an artist licensed by major music company EMI. EMI, one of the largest music publishers in the world, has terminated its contract with the streaming music service. 
"We've heard that monstrous rounds are coming, including a gigantic thud from Spotify. But for now, the venture capital landscape is drying for music startups. Songkick recently scored a $10 million round from Sequoia, but that remained a relatively isolated round in March." |
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