Tag Archive | music business

BOOK: The Economics of the Popular Music Industry

The Economics of the Popular Music Industry
I recently learned that some of my original critical writings about the music industry has been cited multiple times in the book “The Economics of the Popular Music Industry: Modeling from Microeconomic Theory and Industrial Organization” by Chong Hyun Christie Byun, an Associate Professor of Economics at Wabash College.

 
Abstract: The music business appears to be (almost) the same as it ever was, with a handful of large firms maintaining control over the production and distribution of music. With significant economies of scale, it makes economic sense for these firms to use their market power to produce music efficiently and cheaply. But musical innovators have challenged the dominant paradigm and emerged as independent artists with control over their past and future works. Technology has and will continue to enable them to do so, leveling the playing field for new musicians to find better ways to distribute music. Economic theory provides the analytical tools for music consumers and producers to study the industry and understand how musical creativity endures in the business of music.

10 Questions Music Tech Startup Founders Should Ask When Choosing An Accelerator or Incubator

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It is not news that the world of business accelerators and incubators is booming. The Top 15 incubators attract thousands of applicants for each cohort submission period. With over 50% of startups raising over $1 million each in additional financing after graduating a top program, many eager young entrepreneurs flock to these opportunities hoping to breakthrough.

Unfortunately, with only a 1% admission rate, getting accepted to Harvard Business School may be easier than a top accelerator or incubator program.

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Panelist Spotlight: Jeremy Gruber, Vice President of Digital Marketing & Strategy at Concord Music Group / SAE Institute 3rd Annual Tech Expo ‘Social Media In A Changing Music Industry’ Panel Moderated by Dae Bogan

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Panelist Spotlight: Jeremy Gruber is the Vice President of Digital Marketing & Strategy at the leading independent record label, Concord Music Group.  He leads digital, social media, CRM and direct to consumer strategies for company’s diverse portfolio of labels.  His team works with legacy artists including Paul McCartney, Paul Simon, James Taylor, Gregg Allman, legendary Jazz including Miles Davis, John Coltrane and Dave Brubeck as well as newer acts including Seether, Spoon, St. Vincent and Little Dragon.  Prior to working at Concord, Jeremy ran digital marketing at 10th Street Entertainment and Eleven Seven Music working with marquis rock acts like Mötley Crüe, Buckcherry and Papa Roach.

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Power Networking At A Music Conference

The music industry is an ever-evolving ecosystem of new modes of production and distribution, new sales channels, new marketing tactics, new technologies, new people and decision-makers, new legislation and new implications of legislation. There are many trade magazines and blogs that help to keep musicians and music industry professionals informed. However, merely reading about something new or someone important is not a sufficient way to promote yourself and make great connections. 
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