Music Business Blogging

Since the good ole days of Napster we have seen the music business completely transform itself into an independent Internet based business. As a producer/engineer, I solely work with independent bands that are managing and financing their own careers. The Future Of The Music business blog is a great way to read about the current state of the industry.

http://www.futureofmusicbook.com/

There are many fascinating posts on this blogspot. There’s a great piece on how since CD sales have dropped so much most bands are solely basing their businesses around touring and merchandise sales. The record companies are changing their models too and are offering artists better money if they sign deals that include more than just recording rights. Generally referred to as “360 deals” because they seek to cover every facet of an artist’s career, including publishing, touring, merchandising and licensing, the new deals are a way for record companies to hedge their bets in a declining record market and to recast themselves as music — rather than just recording — companies.

Also on the sight are statistics on the how people are purchasing music and in which ways they are listening to music. Concluding that many people listen more to AM/FM radio when compared to digital music players, computers, CDs and satellite radio. Also CD sales are still the primary way people are buying music.