Virginia Tech students’ favorite music is increasingly streaming into their ears instantly, and for free — a trend leaving many of their favorite artists with weakening streams of revenue.
A survey conducted by the university’s Communication Network Services in coordination with the Future of Music Coalition shows Hokies are most likely to access music for no cost through YouTube, Pandora and free versions of services such as Spotify and Last.fm.
Tech students’ music preferences will be further explored in a panel discussion tonight that will discuss “The Value of Music.” The event, hosted by CNS in a partnership with the FMC, will be held in Squires Student Center’s Old Dominion Ballroom tonight at 7:30. read more
Since its birth in 2005, the nature of YouTube as a platform for (just) homegrown video has undergone some seismic shifts. The site is now home to more media than almost any online streaming platform. Cute kittens and The Beatles (OK, little kids singing The Beatles) are now only a single click away. read more
How many of you have heard this — or something like it — before? These comments are all gleaned from just one recent article in CNET.
“Artists don’t get payed for their songs anyway. The only real money they make is through merchandise and concerts. I can bet you that the vast majority of album sales go to the record labels. At this point in time, record labels are middlemen, and are no longer required in this internet-run world.”
“What a joke. Lime wire was great :-( Most music today is created by hacks. If music is good, people will pay money to support their band. But most bands are a joke and just greedy. Personally I think the loss of Lime Wire is a loss for all of us. But it just means people will find another way to get free music as we all do.”
“I don’t see a big deal. these artists already make millions! and lets not get started with how much cash record companies are rolling in.”
Regular readers of this blog can easily list off some of the so-called game-changing moments in the distribution and enjoyment of music: the original Napster, the iTunes Music Store, mobile devices, Pandora and, most recently, Spotify.
But some of the biggest changes to the music industry haven’t been the most obvious ones. read more
Washington, D.C.—National non-profit Future of Music Coalition (FMC), which focuses on education, research and advocacy for musicians, launched the next phase of its ambitious Artist Revenue Streams project today, September 6, 2011, with a detailed online survey for musicians and composers.
The survey is one part of a multi-method research effort to assess how musicians and composers are currently generating income from their music, performances and brand, posing the question, “How do you make money from music?” read more
As revenue diversification is seen as the key to a successful music industry future, the FOMC is trying to identify what artist’s revenue streams are today and how they’ve evolved over the last 10 years. The survey is scheduled to run Sept. 6 through Oct. 28. Interested participants can get more information here.) read more
Alex Maiolo has worked with The Future of Music Coalition for almost nine years, primarily focusing on the health insurance crisis as it relates to the working musician. In addition, Alex plays in various bands, including the psych-pop outfit Violet Vector & The Lovely Lovelies and ambient/clo-core staple Hi Fi Sky. He is a partner with an insurance agency in the Carrboro/Chapel Hill area of North Carolina. Insurance as it relates to the artist, studio owner and musician is all part of a typical day's tasks.read more
Future of Music Coalition (FMC) has launched an online survey meant to provide much-needed data on musicians? access to health insurance.
The ?Taking the Pulse? survey, which will be open from March 2 through April 1, 2010, assesses the level of health insurance among working musicians, asking key questions about artists? access to coverage and their understanding of the current health insurance landscape.
It's hard to believe that its been eight years since FMC's original survey on musicians and health insurance. That oft-cited study, published in 2002, showed that 44 percent of working musicians did not have insurance. One of the barriers, besides cost, was that the topic is difficult to wrap your mind around. To help demystify the issue, we created the Health Insurance Navigation Tool (HINT) — a free program that offers jargon-free information to musicians seeking to learn more about their health insurance options. read more