Search Results for New business models

Press Mention: New Income Streams for the Digital DIY Musician

By Kelly Manix   Flip the Media, Nov 03 2009

New business models are springing up all over the Web to help independent musicians get revenue from their music. The Future of Music Coalition recently highlighted some of these in its “Music 2.0” series at the 2009 FMC Policy Summit:

* Internet radio. Internet radio, which is seeing an increase in listenership, plays more artists in more niche genres than traditional radio would ever be able to. Last.fm and Pandora both stream independent music and pay royalties to performers and songwriters.

* Fan sponsorship and patronage. New online services such as ArtistShare and Kickstarter help artists raise money to fund projects and underwrite some of their expenses. Fans can donate money to their favorite artist through these sites and get access to part of the recording process, such as a songwriting session. Depending on the amount donated, incentives for fans can include everything from a free download to getting executive producer credit on a CD.

* Corporate sponsorship. Recently Gap, Coke, Burger King, Converse, Jeep and Jansport have all posted listings on Sonicbids looking for independent bands and artists to sponsor. The site’s founder, Panos Panay, thinks this is because brands realize today’s young consumers are more skeptical when it comes to traditional advertising and seem to connect most with the authenticity associated with independent artists. read more

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Blog: The 29 Streams

Here at FMC, we tend to think a lot about changing business models for musicians. Certainly, many artists are still making the majority of their money from selling CDs, merch or playing gigs. Yet we’ve come to realize that musicians’ access to potential revenue — especially in today’s digital landscape — expands far beyond that.

Recently, FMC started ponder all this in a more organized fashion: just how many different ways are there for musicians to earn money? We’ve come up with 29 so far, which we list below. read more

Posted by Kristin on October 14, 2009 | 8 comments Tags:

Blog: New Business Models: Info Now Posted

Well, we hope everyone had a nice long weekend (if you got one, that is). We at FMC took a couple of days to unwind from the 2009 Future of Music Policy Summit, which took place from Oct. 4-6 at Georgetown University in Washington, DC. If you were there, you know how awesome it was. Hopefully the rest of you were able to catch the live webcast.

But we haven’t exactly been slacking since this year’s Summit wound down. Our Education Director, Kristin Thomson has been hard at work putting together slides and documents related to the musician-oriented programming from Sunday, Oct. 4. read more

Posted by Casey on October 13, 2009 Tags:

Press Mention: Reflections on the 2009 Future of Music Policy Summit

By George Howard   9GiantSteps, Oct 10 2009 OK, a day or so after my panel at the fantastic Future of Music Policy Summit, and I want to try and toss out a few thoughts. First off, while I’m typically not real big on conferences, I can enthusiastically recommend this one. The values of the conference and the caliber of speakers/workshops makes this - in my mind - the go-to conference. Get yourself registered for 2010 asap. So, my panel was entitled New Musician’s Toolbox. I moderated, and the panelists were: Duncan Freeman, founder, Band Metrics; Charlie McEnerney, Host + Producer, Well-Rounded Radio/Musicians for Music 2.0; and Alexis Rodich, Director of Marketing and Partner Relations, BandsinTown. Excellent panelists all, and certainly people/companies committed to adding value. I urge you to check out each of these companies. I think what really hit me about the conference was that it’s the first time where I felt like the expectations of the attendees wasn’t completely whacked. I’ve been doing these conferences for longer than I care to remember, and, in fact, it was after a conference where I spoke, in which, simply because I had the suffix “A&R” attached to my name, that my panel was over-crowded with a teeming mass of demo-wielding aspirants attempting to fast track themselves to a record deal, that I decided to write my first book telling people that foisting a demo on a fatigued record label executive in the hopes that this would somehow further your career may not be the very best strategy. read more
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Blog: Spotify Confirmed for FMC's 2009 Policy Summit!

If you follow all the latest developments in digital music, from gadgets to apps to social media, then you’ve probably already heard of Spotify — an exciting new music service that might just be the application that makes on-demand streaming “click” with fans hungry for more ways to legally access music. So we’re thrilled to announce that Spotify founder Daniel Ek is confirmed for FMC’s Policy Summit 2009, which takes place at Georgetown University in Washington, DC on October 4-6. read more

Posted by Casey on July 30, 2009 Tags:

Article: Meet the New Boss

Journalists love to say that programmers are going to be the rock stars of the internet age.
By Jenny Toomey
Aug 18 2000

Journalists love to say that programmers are going to be the rock stars of the internet age. If we remember how poorly big business treats most rock stars, then that prediction might just come true. Follow FMC’s Jenny Toomey as she wends her way through the dark underbelly that is the major label system. read more

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Article: Busking as a Form of Online Compensation

By Jeff Coleman
Jul 31 2000

“I present my music on the net because it’s the busiest street in the world. I’d like people to stop and have a listen. If they want a copy for their own, fine, throw me a coin,” says songwriter and performer Jeff Coleman. read more

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