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Archive for September, 2009

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The Flamings Lips perform live at SXSW

The Flaming Lips perform at SXSW

Music began as a performance art. If you wanted someone to hear your music you had to stand in front of them and play it. At the advent of sound recording the primary way the world enjoyed music began transitioning from the concert hall to the living room. Music became more and more accessible until it ended up in our cars, iPods and phones.

Thanks to digital distribution music can be distributed, downloaded, copied and shared for essentially nothing. Listeners now have all the music of the world at their fingertips – but as a result the value of recorded music has plummeted.

It’s poetic really that the same path that initially shifted the music industry’s focus away from live performance has now led it to a place where performance is one of the only platforms left.

If you want to succeed as a musician in 2009 – and likely for many years to come – you need to begin treating live performance as the backbone of your career.

This represents a dramatic paradigm shift for many artists. For decades it’s been all about the album, the album, the album. Bands went on tour to support the sale of their newest release. It’s time to flip that around and begin releasing music to promote your next tour. The reasons for this go beyond the fact that shows still make money and record sales generally don’t.

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Documentary & Independent films are booming these days as the big budget blockbusters decline. The film industry is not looking as good as it used to. Their profits are thinning because of the growing piracy online and so more and more lawsuits are forming against these companies. I feel deja vu big time right now. When the music industry started feeling the pains of its consumer’s ability to find music for free online the lawsuits came fast. With the recent forced takedowns against FanSub sites the film industry has their own version of Napster. One of my favorite movies ever (Citizen Kane is my favorite) is Back To The Future. I feel that if I went back in time it would be to this post hoping that a film industry professional would read this and realize that I’m right. The film industry is on it’s decline. The formats are being forced to change. But who will be the Trent Reznor of the film world? Using Mr. Masnick’s phrase, “Who will be the first to make things remarkable by giving the consumer a “reason to buy””? I wish I was a filmmaker right now because the knowledge I have in the music industry feels like a winning lottery ticket in the film industry.

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iTunes 9.0

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Last week Apple held its Rock n Roll event and unveiled some nice new features and toys, including the iPod Nano with video. One thing that got overlooked is an awesome music marketing feature for indie bands. Apple iTunes, in their 9.0 upgrade allows people to share what they are looking at in iTunes via Twitter and Facebook.

I think this is great for musicians and I wanted to quickly walk you through this new addition.

Take advantage of this feature and also relay the message to your fans to let them do your marketing for you.

Hope you enjoyed the video.

-Greg Rollett

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Modest Mouse's recent album is a compilation of previously released singles.

Modest Mouse's recent album is a compilation of previously released singles.

The way listeners enjoy music has changed drastically in the past ten years. Technology has completely reshaped the marketplace through file sharing, single track downloads, online music streaming, etc. Yet, the way that music is compiled, released and marketed has remained largely the same.

Most artists still spend months and years producing full albums, pouring the majority of whatever marketing budget they have into a single event – the album’s release date. Despite this, most listeners will only download two or three songs. After that, they have another two years to wait for new material.

In an increasingly competitive market where fan engagement is at a premium, artists can’t afford to continue following this model. Modern music marketing is about the artist-fan relationship. Along with live performances, new music releases should be considered the backbone of this relationship, not simply a product to drive revenue or attendance.

In a recent report on the music industry by the Forrester Research Group, author Mark Mulligan argues that to spend the time and resources releasing full-length albums only serves to “put speed bumps in the continual artist-fan relationship.” Instead, he encourages artists to “think outside of the confines of the album and maintain steady, continual streams of creative output.” The report has a lot more to say about releasing music, some that I agree with and some I don’t. I cover the full report on my blog. But I think that Mulligan is spot on in what he says here. It’s what fans want, and it can pay big dividends for the artist.

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NEW YORK–(BUSINESS WIRE)–ReverbNation, the leading marketing platform for more than 450,000 artists, labels, managers and venues, has partnered with Audiolife, the leader in direct-to-fan eCommerce, to create the Reverb Store. The Reverb Store is a complete direct-to-fan eCommerce offering that is accessible to every ReverbNation artist at no charge. The Reverb Store allows artists and record labels to design an unlimited number of physical and digital products online, and then offer them for sale without spending a single dollar up front to generate inventory. The products are produced on-demand when they are ordered, then delivered straight to the fan.

“ReverbNation has been building toward this goal since day one. We wanted to provide a single turnkey solution for the serious musician that allowed them to promote, build and manage a fan-base, and transact business with them,” said Michael Doernberg, CEO of ReverbNation. “Audiolife shared our vision. The Reverb Store allows artists to layer a purchasing opportunity into every fan interaction they have online, whether it’s at Facebook, MySpace, a blog, or the band’s own website.”

Brandon Hance, Founder and CEO of Audiolife, adds, “Artists need solutions that can help them grow their fan base and convert those fans into customers. The Reverb Store is the total package, combining the best of ReverbNation and Audiolife. With potentially hundreds of thousands of artists and labels using the Reverb Store, Audiolife can stay focused on innovating and enhancing the commerce and merchandising capabilities of the product.”

The Reverb Store is currently in private Beta, and will be publicly available at ReverbNation.com in October:

The Reverb Store is free to setup and run.
ANY Artist can open a store, create as many custom items as they want, and operate the store for free. No monthly minimums, no monthly fees.

There is no inventory to buy up front, and no hassles.
Artists create unlimited ‘virtual’ inventory for merchandise, CDs, ringtones, and downloads, for sale in the store. Items are produced and shipped (or downloaded) when a fan makes a purchase. It requires no cash up front, no storage of inventory, and no packaging or shipping by the artist.

Comes standard with integrated marketing and promotion tools.
The Reverb Store is woven into the very fabric of ReverbNation’s leading marketing and promotion system, making it the only store that can help drive more sales right out of the box.

Works on Facebook, MySpace, Twitter, and more.
Reverb Store works on Facebook, MySpace, Twitter, homepages, blogs, and more. It’s easily deployed as a widget, application, email or hyperlink – so fans can buy from wherever they live online.

Customizable look and feel.
It’s about the Artist’s brand, not ours. The Reverb Store can be customized with the Artist’s own background, header bar, and more, helping to build the Artist’s brand, and allowing the store to fit seamlessly into websites, blogs or social networks.

Artists can buy their own products in small batch or bulk.
Whether the need is 30 customized t-shirts for the next show or 3000 t-shirts for taking on tour, Artists can tap into their own Reverb Store at competitive wholesale and bulk prices.

Artists, Labels, or Distributors interested in learning more about Reverb Store can send an email to: ReverbStore@reverbnation.com

About ReverbNation:

ReverbNation provides the innovative marketing platform that musicians need to compete, cooperate and stand out in an increasingly noisy online environment. Unlike typical closed communities, artists use ReverbNation as their home base for approaching marketing and promotion across the Internet as a whole — be it via social networks, blogs, email, IM or the artist’s homepage.

Tools like FanReach Pro, Street Team Manager, Fan Exclusives, and a vast array of widgets and social networking applications give the artist the power to spread their music and information virtually anywhere. Real-time stats provide a 360-degree view of how the music is spreading, who is listening, and which fans are actually passing it on to their friends and posting it on their pages. ReverbNation empowers Artists to take their music to the people, no matter where they spend their time online.

For more information about the company, please visit www.ReverbNation.com.

About Audiolife:

Audiolife is the leading Direct-to-Fan eCommerce platform that empowers independent artists and record labels to cost-effectively make money by selling CDs, merchandise, digital downloads and ringtones with no upfront inventory costs. The first-of-its-kind eCommerce platform facilitates selling products “on-demand” directly to fans via portable storefronts on websites, blogs, and social networks. No other platform, specifically created for artists, provides a worldwide, one-stop-shop solution for custom promotion, manufacturing and distribution.

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Guest Blogger: Refe Tuma

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refeRefe Tuma is the author of Creative Deconstruction, delivering insightful commentary on the music industry with a focus on innovation and artist development. Refe has been involved in the Chicago music community for nearly a decade in a variety of capacities, having worked as a musician, recording engineer and owner of independent rock venue The Vinyl Underground.

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Check out the video from our friend and artist Chali 2na featuring Talib Kweli:

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pearl-jam-liveAfter completing their contract with Sony and J Records, Pearl Jam has joined the growing list of empowered unsigned artists just looking to bypass their labels and go directly to their fans. Like their predecessors, it has come down to the ability to control their future, increase their profits and open up a wide variety of inventive bundling options for it’s September 20th release. By using their name, having great songs and hiring the same business professionals that have been working with them in the past they have completely cut out lengthy contracts and undoubtedly will have the same level of results. Why are more and more artists doing this? Major labels have lost their way. Before the Internet boom, when an artist got signed that meant that the label would pour EVERYTHING they had into you. I can’t blame labels at all for being reluctant in this declining music industry; however, it’s the lack of ideas and unwillingness to jump all the way in that is killing them.

There’s one valuable point that has been forgotten: people still LOVE music.

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Amanda Palmer playing impromptu show with die hard fans (by GooseHonk)

In a post by Kevin English on the Eleet Music Blog, a discussion on post album fans arose the topic about more people listening to more music, yet less albums are being bought. This has been relevant with the fact that iTunes is now the number one music retailer (ahead of Wal Mart, Best Buy, Target and FYE), whose business model is based around singles and individuality.

This poses some problems for both major labels and artists that focus all or most of their attention around the release of an album. The notion of releasing a single body of work every year or 2 is becoming irrelevant with the way consumers are gobbling up music. The demand for new tracks is there, just in new ways.

In order to make an impact and get attention from music fans, you need to develop relationship marketing channels to hit these fans at multiple points on multiple occasions. This can include sporadic EP or single releases with big online pushes multiple times per year. It can mean customized merchandise for certain live shows that are sold at the event and shipped on demand (think Audiolife). It can also mean producing membership sites that allow a smaller number of fans paying premiums for exclusives, access to back catalogs, intimate videos and deals that regular fans do not have access to. These super fans create residual income and give you a channel to talk to them, learn and grow as a group and in turn develop relationships that will help spread your music and your network organically.

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A Plan to Save the Music Industry

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Mark Mulligan of Forrester Research has released a report titled, “Music Release Windows: The Product Innovation That The Music Business Can’t Do Without.”  Essentially, it’s a plan to save the music industry. The executive summary of the report is as follows:

“In the late 20th century, music business artist contracts, development cycles, release schedules, and promotional activity were all shaped around getting a little shiny disc of a dozen or so tracks into the stores. Now in the 21st century, the album straightjacket can be thrown off and releases can become part of a continual artist-fan relationship. Sure, the die-hard artists of the album era will bemoan the death of a creative construct. But that ignores the immensity of the new creative opportunities that will accompany the radical product innovation that the music industry so desperately needs. And the benefits go far beyond the artists and labels; they open up core new revenue opportunities for mobile carriers, ISPs, device manufacturers, and even brands. Perceptions of value and scarcity must be rebuilt along new lines, creating a blueprint for product strategists across all content genres.”

The report itself is actually pretty pricey to purchase and the read, but the wonderful Hypebot posted a summary today on their blog. CLICK HERE to read the full post.