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Post by Adonis the DemiGod! on Jul 23, 2006 4:14:20 GMT -5
Pop radio has Pigeon Holed itself. I believe this is the reason record sales are so low. The current musical model for doing business is not selling records anymore. Change is needed. One of my goals during the semester is to create a new musical business model. Its a part of a class I am taking during the Fall Semester.
I would also like to discuss EMI's new profit model.
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TeddyR
Gold Member
Good Lord, Lawrence! Why are you slapping a monkey?
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Post by TeddyR on Jul 23, 2006 17:32:01 GMT -5
What do you see as the current musical model for doing business?
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Damage
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86'a.
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Post by Damage on Jul 23, 2006 17:34:24 GMT -5
Sweet - this should be good.
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Post by Adonis the DemiGod! on Jul 23, 2006 17:56:42 GMT -5
What do you see as the current musical model for doing business? I still have alot of work to do on this but for starters...... The current musical model inludes fomating an artist. Record companies sell many more records when things are more concentrated. Pop radio should never have become a format. It should have always been the best of all the genres of music. I also think artists should be more front loaded with their releases. People's attention span is not as it used to be. |
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Post by Adonis the DemiGod! on Jul 23, 2006 19:28:07 GMT -5
I can play videos and listen to music at the same time on my ipod. If I want to just listen to music I can do that also. Why spend thousands of dollars on a video no one can buy when distribution only takes a phone call or a email. Most people would rather spend two or three dollars for the vingle than 99 cents for a single. The vingle accomplishes what the single provides and more.
Videos should pay for themselves.
The BB Hot 100 formula should consist of....
Airplay - 30%
Music Video Sales - 35%
Singles Sales - 35%
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TeddyR
Gold Member
Good Lord, Lawrence! Why are you slapping a monkey?
Joined: September 2004
Posts: 805
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Post by TeddyR on Jul 23, 2006 21:18:54 GMT -5
What do you see as the current musical model for doing business? I still have alot of work to do on this but for starters...... The current musical model inludes fomating an artist. Record companies sell many more records when things are more concentrated. Pop radio should never have become a format. It should have always been the best of all the genres of music. That kind of makes sense. The fact that Garth Brooks got radioplay on pop as well as country radio probably was a great component of his sales success. What does that mean? |
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Post by themakshack on Jul 23, 2006 22:32:21 GMT -5
I would love to see Chris' final report on the musical model. I am sure it will be an enjoyable read. Work hard on it, Chris!
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Post by Ke$ha's Left Tittie on Jul 24, 2006 12:44:19 GMT -5
I'm looking forward to it too!!  |
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Trebizond
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Post by Trebizond on Jul 25, 2006 15:17:54 GMT -5
What's your basis for saying that? (Just wondering cuz i definitely wouldn't and not sure the public would either)
Anyway agree about
Thats totally on the mark.
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Slinky
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Post by Slinky on Jul 25, 2006 18:37:27 GMT -5
That kind of makes sense. The fact that Garth Brooks got radioplay on pop as well as country radio probably was a great component of his sales success. Really bad example. Garth never got airplay on Pop. "Hard Luck Woman", his one Pop "hit", peaked at #26, and that wasn't until 1994, after Garth Brooks, No Fences, and Ropin' The Wind had been out for years. If anything, Brooks is an example of how one can sell by just getting play from one format. |
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Post by Devil Marlena Nylund on Jul 26, 2006 0:09:07 GMT -5
Garth was never big on any major formats outside of country but he was just a big name. His fame exploded past the boundaries of country music into general mainstream the way Madonna and Celine Dion and others have been able to do.
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Post by Adonis the DemiGod! on Aug 2, 2006 19:01:19 GMT -5
I am already working on this.
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Post by jaxxalude on Aug 2, 2006 19:26:03 GMT -5
What you're working on is interesting. But the thing that may derail it is that. with the advent of the Internet, more info will be available for all to check. And, as you so rightly point out, people's attention spans aren't what they used to be.
From what I can gather, record labels will be less and less needed with time. Artists already got the picture and realize they can do much more money selling less copies, and that's not even including tour money. So in a context where we have information overload more than ever, specialty and niche markets will be more and more the way to go. If not, there's always the tough but, if successful, very rewarding way of creating the market for yourself.
But one thing you can be sure of: trying to sell to an indiscriminate audience stopped being the way to go for a long time. The best you can do, and/or hope, is that your music can reach the widest audience possible.
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Post by Girls, girls, girls, girls... on Aug 3, 2006 8:36:35 GMT -5
Well, in my opinion getting your music out there is going to become more of a promotional tool for artists, it ain't going to start bringing them as much money as it once used to. In the future, things will probably look like this:
For example, you have a new single out, you shoot a video, promote it etc and whether things are going fine, you become a 'hot at the moment' artist (like Beyonce in 2003, Usher in 2004 etc). Being 'hot at the moment' means that people know you and are ready to spend some cash on your products... Then, it's just a matter of time before a big corporation (for example, Microsoft) picks you up and makes you the face of its new campaign. You get your money, they get your face and the money of people who like you enough to trust you on the quality of the product you advertise... In the end, everyone's happy. Then you go and record a new album and it happens all over again.
I know it sounds a bit cynical and way too 'commercial' but in the end, it works. Just take Mariah Carey as an example. Being big in 2005 resulted in having a lot of business deals in 2006. The same with Madonna and her Motorola deal. Paris, Hilary and Lindsay are probably going to follow the same route. I mean, their albums do not sell that much but their songs are on the radio, their videos are on TV, people talk about them... they have the 'name'. And when you have 'the name', you get paid more (for your movies etc), so you can invest some money in recording another album, shooting another video etc. That's how the industry works in Japan.
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