Archive for March, 2009

Mininova Now Offering Links to Artists’ Merchandise

Posted on 31. Mar, 2009 by .

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BitTorrent site Mininova launches a new feature today that will help artists and record labels generate revenue directly from their free torrents by adding links to their products. Users will be able to sell CD’s, merchandise, artwork, concert tickets, or whatever else they would like to offer. Bands have been using file-sharing services like BitTorrent [...]

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Smashing Pumkins to hold Open Auditions to Replace Drummer

Posted on 31. Mar, 2009 by .

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As a Chicago boy I thought this was worth posting. Now that drummer Jimmy Chamberlin – the last remaining original member of the Smashing Pumpkins besides Billy Corgan himself – has left the band, Corgan is holding open auditions to find his replacement. Although the Smashing Pumpkins probably jumped the shark years ago, I think [...]

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Google Launches MP3 Search Engine in China

Posted on 31. Mar, 2009 by .

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Google officially launched its ad supported MP3 search engine in China yesterday. Similar services have existed in China for some time, including the most popular and widely used, Baidu. Google is the first to offer the service legally, after cutting a deal with all four major record labels that entitles them to a cut of [...]

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7 Things Record Labels Can Do to Stay in Business (a little longer)

Posted on 30. Mar, 2009 by .

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1. Diversify your product offerings -The value of recorded music now rests largely in its effectiveness in promoting a complete experience. What people want today is to experience their favorite artists’ music in a much fuller way than was previously available. To capitalize on this, find a way to package and monetize different elements of [...]

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Why You Should Run Your Band Like a Business

Posted on 27. Mar, 2009 by .

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I talked previously about the way that declining record sales have hurt the major record labels, and how this presents an incredible opportunity for artists to strike out on their own. It’s a shame that it has taken the deconstruction of an entire industry to make this possible, but I suppose if it didn’t I’d be [...]

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Dropping Record Sales Free Bands to Go into Business for Themselves

Posted on 27. Mar, 2009 by .

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Record labels have built their businesses on the profitability of recorded music, and until recently it was a pretty lucrative business to be in. Because artists couldn’t afford to produce their own recordings they were forced to be dependent on the major labels, and the Majors became the all-powerful gatekeepers of the Music Industry. Now, [...]

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Why Music Streaming Will Not Destroy Music

Posted on 26. Mar, 2009 by .

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Business Week ran an article recently that talks about the “problem” of online music streaming services. The article claims that while online streaming was initially intended to promote music, and therefore promote the purchasing of music, it has actually had the opposite effect. The author describes a 23 year old man who has gone from spending [...]

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What is Creative Deconstruction?

Posted on 25. Mar, 2009 by .

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By now everyone seems to agree that the Music Industry as we know it is crumbling. Video killed the radio star, plastic banished vinyl to the ten cent bin, and now free music is turning traditional Industry business models on their heads. For many, the ‘digital revolution’ is a great step forward toward near-limitless access [...]

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