In this episode of Music Biz Podcast, we talk with Scott LeGere and Jay Coyle, who are music business educators and entrepreneurs. Scott is the head of the music business department at McNally Smith College of Music. He has a long history of founding companies, teaching classes, playing music, and recording bands. Jay is the founder of Music Geek Services, a music marketing and digital strategy agency for artists. He also teaches music business classes at Berklee Online. The three of us attended the Future of Music Policy Summit in Washington, DC a few weeks ago. I sat down with Scott and Jay for dinner, we had a couple of drinks, and we recorded a podcast.
Once the Beatles do accept streaming — well, if they do — it could mark a point of no return for a record industry still not totally convinced of streaming as its future. “It could signal to consumers that the format shift is complete,” says Casey Rae, CEO of the Future of Music Coalition, an artists’ advocacy group.
According to Billboard magazine, “25” is expected to sell more than 1 million units in North America in its first week, and will very likely be the biggest album release of 2015.
Casey Rae, chief executive of Future of Music Coalition, told the New York Times that Adele’s decision to withhold the new album on streaming for a certain period of time was sending a “strong signal to other artists.” However, in reality not all artists are able to make those same choices, he added.
[Amber Healy, our DC correspondent for sister website Geeks&Beats, recently attended the Future of Music Conference and came away with some interesting insights. In this story called “Don’t Kill the Kitten that Cures Cancer,” she debates the finer points of music streaming. – AC]
With a few probably exceptions, musicians aren’t making obscene amounts of money from streaming services or people who pay for subscriptions to them.
But is there a better way? Might it be possible to let individual listeners decide how much of their monthly fees are going to bands they like, instead of a communal pot o’ cash? read more
Every year, the nonprofit Future of Music Coalition hosts a summit that tackles the trickiest issues facing musicians today, and it’s not afraid to get into the weeds.
At this year’s conference, held in October at Georgetown University in D.C., musicians, educators, reps and DJs took on the big subjects, including music education and the modern role of radio. But many panels went deeper, examining the nuts-and-bolts of the digital music economy — and exposing new fault lines in the process.
Here are the three biggest ideas I heard at this year’s Future of Music Policy Summit. read more
The lunch line was bustling in the Hoya food court. The Future of Music Coalition’s 15th Annual Policy Summit was well underway at Georgetown University in Washington, DC, and I was hungry. I had set out to procure a veggie burger. I found it, and the future of music sales. And to think I would have been excited about a side of fries…
It happened like this: While waiting in the cue, two guys in Peertracks polo shirts walked up, also foraging for lunch. We got to chatting, and they explained how they were building a way to sell music with blockchain technology (think Bitcoin), and take it directly peer-to-peer. “Like an iTunes killer?” I queried, eagerly asking if they’d do an interview. The result of this conversation is what you’ll hear in a moment. read more
In a video accompanying an Indiegogo campaign, Downtown Boys’ singer Victoria Ruiz announced the launch of Spark Mag, an online magazine dedicated to giving radical, politically minded musicians of all genres a platform to express their ideas directly to fans via weekly interviews and artist-penned editorials. Spearheaded by grassroots activists Demand Progress, in collaboration with IMPOSE Magazine and the Future of Music Coalition, the magazine will be edited by Ruiz and fellow Downtown Boys member Joey La Neve DeFrancesco. Their goal is to connect artists, activists and fans to utilize culture to effect social change. The website already features writing from Priests, Sadie Dupuis of Speedy Ortiz, and profiles of Algiers and Abdul Ali. read more
The Future of Music Coalition, a D.C.-based nonprofit that advocates for the rights and proper compensation of artists in the evolving industry, held its first policy summit in 2000, and since then has been bringing musicians, producers, major label representatives and government officials together to discuss and debate the most pressing policy issues for content creators and policy leaders in the music industry. Many of the pressing issues discussed included music streaming, data, artist compensation, touring, artist management, and artist advocacy.
Downtown Boys have partnered with DemandProgress.org, Future of Music Coalition, and Impose Magazine to launch Spark Mag, a new culture website whose aim is to publicize the music of radical and politically-minded artists from all genres and to connect them with fans and the organizing campaigns these artists have been working on for years. Spark Mag aims to highlight artists who may receive less coverage for their work because of their radical views.