Entries tagged with “artists” from Tools of Change for Publishing

Lessons from Digital Disruption in the Music Business

Last week's On The Media (mp3 download here) devoted the full program to challenges and changes during the past decade or so in the music business -- from the unanswered legal questions about sampling (check out Girl Talk for the genre taken to the extreme) to the shifting economics of concert tickets and promotion to the changing role of industry rankings like Billboard's Hot 100. (Fun fact I picked up while listening: more than 8.5 billion songs have been sold via iTunes.)

My favorite segment was near the end, about the changing nature of the relationship between artists and fans, a segment called "Why I'm not Afraid to Take Your Money" which featured a great interview with Amanda Palmer of the Dresden Dolls:

Everyone has to stop thinking there is an answer. The answer is, there's an infinite number of answers.

People don't love music any less. There might be a lot less money out there in the industry, but maybe that's a good thing. Maybe the fact that the live industry is tanking to a certain degree means that ticket prices are now going to be reasonable. As far as the music is concerned, maybe it ups the ante. If you're a teenager with a dream of being a rock star, maybe you'll really think about why. Were you doing this to be rich and famous or are you doing this because you really love music and you want to connect with people, and you'll do it even if it just means you make a living wage? If that's true, I'm - you know, I'm a fan of the new system.

Artist Brand Building: An Idea Born from Free Debate's Middle Ground

Andrew Keen, author of The Cult of the Amateur and a critic of free models, says publishers can carve a niche by helping writers build their personal brands. From The Bookseller:

Keen said that publishers should not be seduced by the new technologies but use them to build brands, and nurture the expert through live events. "The future is the expert," he said. It was no longer about the copy, the selling of the book, Keen said, but about managing the talent. Addressing publishers, he said, "you are the nurturers of talent, and you will have to convince the creatives that you can build their brand."

Free model advocate Mike Masnick has been pushing a similar "big business as brand builder" option for record companies:

Some musicians can try to go it alone, but for many it doesn't make sense. These new business models still require plenty of business smarts and the ability to do marketing -- and that will require experts in those areas. It's just that the expertise needs to be in applying those skills to the new business models (using the content as promotional material and selling scarce goods), rather than the old model.

I find it interesting that the diametrically opposed Keen and Masnick and both discussing similar solutions for traditional content companies. Perhaps the middle ground of the free debate is where the fertile ideas lie.

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