[This post was co-authored by FMC Communications Intern Scott Oranburg]
Digital Music News recently published a series of automated pie charts that document the recording industry’s revenue streams over the past decade (2000-2011). The data paint an interesting — and, for some, troubling — picture about changes in the recorded music biz. We at FMC love geeking out over stats, but we’re more concerned with how musicians are making a living than the declining popularity of ringtones. To that end, FMC recently kicked off our Artist Revenue Streams (ARS) project, which aims to assess how musicians’ revenue streams are changing in this new music landscape. (If you’re planning on attending SF MusicTech Summit in San Francisco in May 9, be sure to catch project co-director Jean Cook’s ARS presentation and panel.)
Today’s post is by FMC Communications Intern Peter Haugen.
Given the choice, most musicians would prefer to not to be washed up. But is it any better to be out at sea?
With the music biz in a state of seemingly permanent flux, plenty of folks are looking for a raft. Along those lines, I recently heard the major record labels compared to the big steamships of yore. Due to their large mass, they have lots of momentum, but alas, they also have extremely poor turning speed. When quick movement is needed, bulky vessels simply lack maneuverability. read more
First, what are you doing this Wednesday and Thursday? And secondly, do you live in / can you get to the Big Apple?
For those of who happen to be in the New York area (or who need a good reason to be in the New York area), should consider checking out the Digital Music Forum East. This conference, now in its 10th year, features folks from across the music biz spectrum, including label executives and CEOs, publishers, digital innovators, representatives from the gaming community, attorneys and plenty of curious onlookers. read more
It's been a while since we've done a news roundup. No, we weren't saving it for a snowy day — we've had enough of those lately. At any rate, here's a rundown of what's been happening out there in the wide world of music.
Canada: Not Just For the Olympians
Canadian Music Week is a major event not just for our Northern neighbors, but for the rest of the world, too. It's coming right up (March 10-14, Toronto), so make your plans now... Official Siteread more
We're currently in the midst of another "Snowpocalypse" here in Washington, DC, but we figured a blog post would give us a nice break from all that shoveling.
Today, reports emerged about Warner Music backing off of "free" music streaming. As digital entrepreneurs and rights holders continue to explore ways to get fully-licensed music to the masses via the internet and mobile, issues in licensing and revenue generation continue to bedevil players on all sides. read more
By now, you've probably heard all about the iPad and seen the pictures of Steve Jobs displaying his new "tablet" in a manner undoubtedly familiar to the late Charlton Heston. So far, reaction to the device has been mixed at best, with some people already lining up to take potshots at Apple's latest doohickey.
We still think it's pretty neat, mostly because we're curious about what it could mean for the music biz, which is still struggling to find an attractive replacement for physical product. And as long as whatever new gadget plays nice with independent and unaffiliated creators who want to join the digital party, we're cool. read more
Your semi-weekly (OK, basically when we remember!) roundup of the hottest stories in music, technology, policy and law.U.S. Regulators Open Probe Into Music Royalties
U.S. regulators have launched an inquiry into whether certain broadcasters are refusing to air the music of artists who demand to be paid when their songs are played on the radio. The Federal Communications Commission reviewed a June petition by a music coalition that accuses radio stations of skipping songs of artists who support legislation aimed at paying royalties to artists.Billboardread more
Ain’t technology grand? File sharing has made it possible to download what you want, when you want, and how you want. And a whole generation of i-Tunes and Napster aficionados are used to getting it all for free (or nearly so). As a result, one industry’s being left in the dust. The recording industry, once a giant wing of entertainment, is struggling to survive, and to protect its content. FMC’s Walter McDonough speaks on WITF’s “Smart Talk” program about how these changes have impacted the recorded music industry.