Title: What we do
1What we do
What We Do
- Digital Distribution We supply music to iTunes,
eMusic, Rhapsody etc. - Online marketing blogs, media sites,
tastemakers - Music business consultation Current clients
include Iris Digital Distribution, What Are
Records?, Real Music Records. - Physical (CD/Vinyl) Distribution Marketing
- Placement of music in TV, Radio via direct
relationships and 3rd party companies (PumpAudio,
Rumblefish) - Tour booking promotion
2The New Music Economy
- Notable changes in the economic stability of the
music industry started in the late 1990's with
the advent of P2P file sharing. - The Long Tail theory is a benchmark in the music
industry for new economic concepts. - The nuance of infinite shelf space opened up
economic opportunity for independent record
labels around the world. - The term New Music Economy first emerged in 2007.
- Source Wikipedia
- Why Im here
- a long-standing solution to the dilemma of
licensing nascent and controversial uses (of
music online) will only occur by way of
persistent, perhaps heated dialogue between the
developers of new services, the investors in
those services, and the owners of the underlying
rights involved. Each party has a stake in the
success of innovative opportunities. - Source Will Page, Head of Research, MCPS-PRS
Alliance
3Source Gerd Leonhard, Endofcontrol.com
4Source Gerd Leonhard, EndofControl.com
5Elements of The New Music Economy
- Music Licensing
- Direct relationships with music supervisors and
3rd party licensing companies - E.G. Rumblefish, Pump Audio, YouLicense
- Co-Marketing
- Music Brands combine
- E.G. Carling Presents The Oh Yeah Sessions
- Branding with New Tools
- widgets, meta-socialnetworks
- E.G. Rcrd Lbl, Ning, Reverbnation
- Non Traditional Retail Space
- Music for sale in hotels, coffee shops, yoga
studios etc - E.G. Rock River Music, Music Branding Companies.
- Digital Distribution
- iTunes etc, but including merch, concet tickets.
- E.G. Penny Distribution, Zazzle.com
- Internet-Specific Content
- Online-only content drives users to buy related
content. - E.G. MUZU.TV, Reverbnation
6- Fan Artist Relationship Management
- blogs, sms, geotagging, fan sites, social
networks - E.G. Friendfeed, RSS, LastFMs Music Manager.
- Quality Control
- Licensing agencies, record labels focusing on
quality control, acting as filters. - E.G. Pitchfork, Pump Audio, Magnatune, Penny
Distribution - Content Management System Structures
- Content Management Systems (CMS) for bands,
labels artists. - E.G. www.Artistdatasystems.com
- Legal Structures
- Exploration and interpretation of music law
incorporating new technology - E.G. Your IP Law Firm.com
- Live Performance
- Use new tools to book shows, communicate tour
dates and find audiences - E.G. Eventful.com
- Incorporation of Attention Economy
Principles in Marketing Strategies - Monitoring attention of consumers online with new
metrics and measurements of consumption, rating
systems and time spent. - E.G. Big Champagne, Trendrr.com, WiredSet.
- Source Wikipedia
7Source Mark Gunheim, WiredSet.com