Thursday, July 1, 2010

VISION OF THE FUTURE?


Here is something I found. It is not a company or a business, but just something that Rick Rubin said to a journalist of the New York Times, about the way the music industry could make money:

“You’d pay, say, $19.95 a month, and the music will come anywhere you’d like. In this new world, there will be a virtual library that will be accessible from your car, from your cellphone, from your computer, from your television. Anywhere. The iPod will be obsolete, but there would be a Walkman-like device you could plug into speakers at home. You’ll say, ‘Today I want to listen to … Simon and Garfunkel,’ and there they are. The service can have demos, bootlegs, concerts, whatever context the artist wants to put out. And once that model is put into place, the industry will grow 10 times the size it is now.”

I have to agree with him. I believe that a contract-like is a good solution. But I also think that it will only be profitable once all these things are possible, meaning we will have to wait for the technology to be that performant, and also accessible to anyone, to really take advantage of such a model.

Source: THE NEW YORK TIMES

AFRICA UNSIGNED


Here is another version of a "pay what you want" website. But this time, it is to promote African bands only. The concept is a little different from Magnatune. On Africa unsigned, you give money to artists you like, and once they reached $10,000 of donation, they will go to a good professional studio to record an album. Once the album finished every person who donated money will receive a copy. Nice, right?!

Source: AFRICA UNSIGNED

MAGNATUNE


Magnatune is an online music service which has built much of its business around the “pay what you want” model. Albums carry a low minimum price, with fans able to decide how much more to pay after that. It is an interesting concept that has been used by several websites already, but more on these later, for now enjoy the link.

Source: MAGNATUNE

SPIRALFROG


Launched last month, SpiralFrog lets users download music for free, in return for viewing advertising. In addition to viewing ads while searching for and downloading music, the service requires users to log in to the site and view ads at least once every 30 days, or the downloaded music for the account becomes disabled. SpiralFrog is built on a revenue-sharing agreement with participating labels, and currently offers a catalog of 800,000 songs and 3,500 music videos.

Source: SPIRALFROG

DROPLIFTING


Droplifting is a method of distribution that is interesting for new artists who don't want to wait until they have a record contract or a distribution deal.

It basically means that you go into a large cd retail store and put your own cd's in the racks. Then you wait until someone discovers it and tries to buy it, from then it's not sure what is going to happen...

Source: DROPLIFTING

SPOTIFY


The streaming-music sensation! To recap, via this application, you can listen to music from a very big repertoire, as the music from the four majors are available plus some independents. For free you can download a version of spotify, but you will get advertising, which some of us might think is annoying. A "premium" version is also available for a certain amount of money. With this version, the streaming is faster and you will not be bothered by ads. It is a good solution but probably not the best. Don;t forget, this is streaming, so you can only listen to the music when you have an internet connection!

Source: SPOTIFY

JAMENDO


Another website giving away all the music for free! How's that possible? By using a Creative Commons license. It also generates revenue via ads on the website for the artists who set up a shop. Users can also donate money directly to the artists.

Source: JAMENDO