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Five Things You Didn’t Know About The Eagles’ “Hotel California”

This piece composed by Don Felder is magic and mysterious. Its solo has been voted as the best guitar solo of all the time, and decades after its release, stories and rumors about its background still wander. Here we include some behind-the-scenes from the 1976 hit.

ByPMMFebruary 28, 20170Comments

Insights

Big Data in the Music Industry

Big Data is hot. Big Data is bad. But is Big Data is at all useful in the music industry? Watch this great MIDEM panel with experts and their views of how they use Big Data in daily business decisions in the music industry.

ByPMMFebruary 3, 20150Comments

How To Insights

Who’s Investing in Music?

Who's Investing in Music? Many major labels report that only 10% to 20% of their investments in new artists are profitable. That means that 80% to 90% of the time, major record labels loose money. To make matters worse, the recorded music industry overall is experiencing a significant decline, shrinking from $35 billion in revenues…

ByPMMJanuary 12, 20150Comments

Insights

Managing Innovation in the Music Industry

Managing Innovation in the Music Industry Ever since the advent of P2P sharing with Napster, the music industry really hasn't been managing innovation. If anything, they've been acting like a deer caught in headlights and stalling innovation. Indeed, the CEO's of the large record labels and royalty societies have been without an exception old…

ByPMMJanuary 9, 20150Comments

Insights

The Rise of the Musicpreneur

The Rise of the Musicpreneur With the rapid decline of the music industry as a whole, it is becoming increasingly difficult for both signed and unsigned artists to make a living from their music in the long-term. Only the top 0.1% of artists can make a substantial living. But few people are in the…

ByPMMJanuary 8, 20150Comments

Insights

Interview With The Guy Who Killed The Music Industry

Interview With The Guy Who Killed The Music Industry Did Napster co-founder Sean Parker kill the music industry by facilitating the illegal downloading of music via P2P? Here he is more than a decade and a few hundred million dollars in his pocket later talking about his latest start-up forays. Should we love him or…

ByPMMNovember 18, 20140Comments

Artist Insights People

Is Taylor Swift The Smartest Person In Music?

Is Taylor Swift The Smartest Person In Music? Maybe an exaggeration, but Taylor Swift certainly got attention when she pulled her catalogue from various streaming music services in protest of the low royalties being paid.

ByPMMNovember 15, 20140Comments

Insights

The Music Industry Is About To Change…

The last 30 years reshaped the music business in a way we never could have imagined. Music as a product changed dramatically (e.g. from LPs to MP3s) and the ups and downs in worldwide sales would make the most hardened theme park visitor queasy. Nonetheless, we have yet to experience the biggest switchback on this…

ByPMMOctober 4, 20140Comments

Insights

UK music industry generated £3.8bn in 2013

UK Music Industry generated £3.8 billion The Guardian newspaper reported that the British music industry contributed £3.8bn to the UK economy in 2013, according to an annual trade report. With the sector seeing a 9% growth over the year before, lobbyists called for a stronger national copyright framework to increase royalties even further. The full Guardian…

ByPMMSeptember 13, 20140Comments

Insights

Revenue Sources in the Music Industry

By David Goldstein Watch the music industry's revenue sources evolve over the years. Our friends over at Business Insider posted this interesting article and chart that shows how things have changed. The CD has slowly but surely been dying with the advent of the Internet. P2P services like Napster and Bittorrent have accelerated its demise, but…

ByPMMAugust 24, 20140Comments

Pro Music Magazine

Insights

Five Things You Didn’t Know About The Eagles’ “Hotel California”

Big Data in the Music Industry

Who’s Investing in Music?

Managing Innovation in the Music Industry

The Rise of the Musicpreneur

Interview With The Guy Who Killed The Music Industry

Is Taylor Swift The Smartest Person In Music?

The Music Industry Is About To Change…

UK music industry generated £3.8bn in 2013

Revenue Sources in the Music Industry

will.i.am on the music business

Justin Bieber in the studio

Elektra record label president Jeff Castelaz on how to get a record deal