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I have always liked Peter Gabriel's intelligence and taste. I like some of his music although his songs often sound to me like a riff on something he has already done. No matter, Fred Goodman of the New York Times does a very nice article on Mr. Gabriel's prowess as a music industry visionary and investor.
TheFilter.com is another online service that recommends new, unfamiliar music to users. The technology may vary from site to site but the idea is very similar to the software designed at the University of Minnesota at MovieLens.org. The article by Mr. Goodman is STRONGLY RECOMMENDED.
http://www.nytimes.com/2008/08/10/business/media/10peter.html?_r=1&ref=business&oref=slogin
Sunday, August 10, 2008
EMI down under
Bernard Zuel in the Sydney Morning Herald writes a nice summary article about the challenges facing the record industry and the great opportunities arising in the music industry at the same time.
http://www.smh.com.au/news/music/how-the-record-rack-lost-its-groove/2008/08/10/1218306658207.html?page=fullpage#contentSwap2
Nice quote:
In the 21st century, compact discs are much less in demand, but interest is growing in tickets for live music, merchandise, licensing in films and advertising and content provision in new media, alongside a technology-driven explosion in media. Ten years ago music marketing essentially involved print, radio and free-to-air television alone. These days there are phone companies, online music providers such as iTunes, pay TV, online media and film and television production houses.
Response:
The record industry is not the music industry. Is there a history of non-innovation among music industry leaders when new technology comes along? See piano rolls, radio, television, cable, internet, iPods, cellphones. Or does the music industry have different leaders at different times depending on what the new technology does?
Exiting EMI
■ Radiohead declined to re-sign, preferring to release albums online themselves and to sign with a small distribution label for disc sales.
■ The Rolling Stones switched back to Universal.
■ Paul McCartney left for the Starbucks label Hear Music.
■ Kasey Chambers moved to Festival Mushroom.
■ Australian indie label Eleven signed an agreement with Universal involving Missy Higgins, Silverchair, Little Birdy, Paul Mac and Kisschasy.
■ Robbie Williams did not commit to further recordings under the current regime.
■ Kylie Minogue, signed to EMI in Britain but Festival Mushroom in Australia, is said to be considering an exit.
■ Coldplay stayed under strict conditions including the use of outside promotions staff.
http://www.smh.com.au/news/music/how-the-record-rack-lost-its-groove/2008/08/10/1218306658207.html?page=fullpage#contentSwap2
Nice quote:
In the 21st century, compact discs are much less in demand, but interest is growing in tickets for live music, merchandise, licensing in films and advertising and content provision in new media, alongside a technology-driven explosion in media. Ten years ago music marketing essentially involved print, radio and free-to-air television alone. These days there are phone companies, online music providers such as iTunes, pay TV, online media and film and television production houses.
Response:
The record industry is not the music industry. Is there a history of non-innovation among music industry leaders when new technology comes along? See piano rolls, radio, television, cable, internet, iPods, cellphones. Or does the music industry have different leaders at different times depending on what the new technology does?
Exiting EMI
■ Radiohead declined to re-sign, preferring to release albums online themselves and to sign with a small distribution label for disc sales.
■ The Rolling Stones switched back to Universal.
■ Paul McCartney left for the Starbucks label Hear Music.
■ Kasey Chambers moved to Festival Mushroom.
■ Australian indie label Eleven signed an agreement with Universal involving Missy Higgins, Silverchair, Little Birdy, Paul Mac and Kisschasy.
■ Robbie Williams did not commit to further recordings under the current regime.
■ Kylie Minogue, signed to EMI in Britain but Festival Mushroom in Australia, is said to be considering an exit.
■ Coldplay stayed under strict conditions including the use of outside promotions staff.
Music like water::Water like radio - the idea of MySpace, Imeem
Devin Leonard at CNN writes that Rupert Murdoch-owned MySpace is going to launch an ad-supported "free" music service in direct competition with Imeem, a Bay Area service that is much smaller than MySpace. Both sites are trying to "Make Free Music Pay Off" as the headline points out.
The four largest record labels (Sony, Warner, Universal) continue to try to figure out how to monetize their catalogues. Offering music for free is most like Napster et alia.
http://money.cnn.com/2008/08/07/technology/imeem.fortune/?postversion=2008080808
The four largest record labels (Sony, Warner, Universal) continue to try to figure out how to monetize their catalogues. Offering music for free is most like Napster et alia.
http://money.cnn.com/2008/08/07/technology/imeem.fortune/?postversion=2008080808
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