Live coverage from the Future of Music Policy Summit (#FMC10), Georgetown University, Washington DC
Panel Title: Monsters of Data
Description: For decades, the music industry has relied on a few basic metrics to gauge a band’s popularity and understand career arcs: SoundScan reports, airplay charts, tour grosses. But what happens to our understanding of music’s “value” when it’s possible to collect billions of points of data, online and off? What can massive amounts of traffic and consumption data — from P2P downloads to subscription plays, YouTube hits — tell us about where and how people are accessing music? How are we now using this data? How has it affected musicians’ choices? And have music fans changed their consumption patterns to either protect or reduce their privacy? A panel of data monsters will discuss what billions of data points can tell us about the future of music consumption and access.