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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…
January 12, 20150Comments

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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…
January 9, 20150Comments

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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…
January 8, 20150Comments

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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…
September 13, 20140Comments

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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…
August 24, 20140Comments

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Amazon Launches Spotify Competitor

Amazon launches Spotify Competitor eCommerce giant Amazon launched a music streaming service that will compete head-on with Spotify, Pandora, Beats Music and Apple. With its Kindle tablets, Amazon has shown its ability to sell premium content in other categories such as books, film and TV successfully to its customers. As music streaming is becoming more…
June 12, 20140Comments

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Will Spotify save or kill the music industry?

Will Spotify save or kill the music industry? https://www.youtube.com/watch?v=Y9HTRchis1Y&feature=youtu.be Love it or hate it, music streaming is here to stay. Spotify has pioneered another legal alternative to piracy - advertising-funded and paid subscription-based music streaming. Alas, the royalty rates for music streaming are much lower than for downloads and CD's, so it's not exactly an apple-for-apple…
February 8, 20140Comments

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Pro Music Magazine

Sting on overcoming writer’s block
will.i.am on the music business
Justin Bieber in the studio
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