Flash forward 20 years, and it’s harder than ever for artists to make a living selling CDs. According to a report in the Chicago Tribune, a speaker at the Future of Music Coalition gave a breakdown of album numbers that will be particularly shocking to young independent bands who hoped they’d be able to make a living selling discs. More than 115,000 new albums were released in the U.S. last year. Of those, 110 sold more than 250,000 copies in the U.S. last year—that’s not such a surprise, as big stars have always been rare. But only 1,500 titles cracked the 10,000 mark, and fewer than 6,000 sold a paltry 1,000 copies.
The Chicago Tribune’s Greg Kot is covering the Future of Music Coalition Policy Summit but as a preview to his coverage he published some interesting album sales info that he received.
In 2008 more than 115,000 albums were released, but only 110 sold more than 250,000 copies, a mere 1,500 topped 10,000 sales, and fewer than 6,000 cracked the 1,000 barrier. He doesn’t say so in the article but rather in the comments section that these are based on SoundScan numbers, so it is assumed they are primarily dealing with physical albums sales and not digital.
Rep. Mike Doyle (D-PA) reaffirmed his support for the Local Community Radio Act to an enthusiastic crowd at the Future of Music Coalition Policy Summit on Tuesday, calling it our Christmas present this year. Rep. Doyle has been leading the push for Low Power FM in Congress, along with lead co-sponsor Rep. Lee Terry (R-NE). Independent musicians have been longtime supporters of Low Power FM as a venue to share their music.
The music industry is trying to survive and possibly reinvent itself. Artists want to get paid. And consumers want music quickly with no strings attached. Are all three goals achievable, and if not, who will lose out? Can unfettered access to the Internet co-exist with artist’s desires to get paid for their music? Can the music industry hack its way through a maze of legal obligations and create a new business model that entices fans before all those fans disappear into the digital underground, where music runs wild and free?
These questions dominated the Future of Music Policy Summit in the nationâ€™s capital, an annual gathering of some of the industryâ€™s leading thinkers and innovators, alongside representatives of the music, technology, business and government communities.
If you?re in the Washington, D.C., area and you have the afternoon free today, feel free to come by the Georgetown Hotel and Convention Center at 2 p.m. for a discussion of the state of music writing that features Scott Plagenhoef of Pitchfork, Greg Kot of the Chicago Tribune, David Malitz of the Washington Post, and me, among others. The discussion is part of the Future Of Music Coalition Policy Summit, which wraps up today and which, according to reports from friends who have been here this week, has been chock-full of good discussion since it kicked off on Sunday.
Musicians, artist advocates, policymakers, journalists, technologists and industry reps have descended upon the lovely Georgetown University campus in Washington, DC for the 2009 Future of Music Policy Summit.
It's been INCREDIBLE so far. We've heard a kickass keynote from Senator Al Franken, who then sat down for a rather moving chat with Mike Mills of R.E.M.FCC Chairman Julius Genachowski got "played onstage" by New Orleans brass band Bonerama before his stellar keynote. read more
Sen. Al Franken traveled to the austere halls of Georgetown University on Monday to fervently endorse federal regulation of Internet service providers in a speech that highlighted both his humor and interest in tech policy.
Speaking to a room of musicians and technology wonks at the Future of Music Coalition Policy Summit, Franken offered a keynote address on “Net neutrality” — the idea that people should have equal access to the Internet, rather than allowing some organizations preferential treatment.
FCC Chairman Julius Genachowski made a pitch for network neutrality at a Future of Music Coalition policy summit in Washington Monday.
He said artists, songwriters and independent music producers “know better than most” why it is necessary to have “fair rules of the road.” That was a reference to his planned proposal to expand and codify the FCC’s network openness guidelines to exclude discrimination of content and applications and require notification of network management activities.
“With a free and open Internet, you donâ€™t have to have big-time, star-power leverage over record labels, publishing companies, commercial radio stations, or particular retailers to get your music to the public…Net Neutrality permits independent artists and independent labels to compete on an equal technological playing field with the biggest companies in the space. Thatâ€™s the American way — letting Internet users, the broadest group possible of ordinary people, decide who wins and loses,” he said.
FCC Chairman Julius Genachowski addressed the Policy Summit of The Future of Music Coalition yesterday. The organization has long been at odds with broadcasters over a number of issues. But not to worry ? Genachoswki was entirely focused on the FCC?s efforts to preserve a free and open internet ? a chief policy goal of FMC ? via network neutrality. That made up the beginning, the middle and the end of his address to the organization. The Policy Summit was scheduled from 10/4/09 through 10/6/09.
Saying it protects the free market, U.S. Sen. Al Franken sounded optimistic in a speech today about the chances for preserving net neutrality by law. ?For the first time, it looks like we might actually do this,? Franken told the Future of Music Coalition in Washington, D.C.