“The topics were a lot different, because people were closer in their relationships. They went out, they danced close. You had something you could hum into someone’s ear, or something you could remember and hang onto when things got bad. I’m not putting today’s music down. It’s just that I can’t hum it.”
- Lonnie Lester (R&B Singer)
Here are 7 great MIDEM slides from Robert Andrews over at PaidContent. (Viewing them full screen makes it easier to read!)
The survey of 1,300 US, UK and French music fans was conducted by The Leading Question and it found that "streaming music websites, and not paid-track downloads, are the most common means of music consumption for users - meaning more revenue for labels through licensing rather than purchases."
It's too bad though that the labels and the publishers haven't figured out an easier way to do this so that the industry can flourish again :-)
Here’s a great article by Kevin Kelly (also from WIRED) on his Technium blog called “Better then Free.” Definitely a must read and it really made me stop and think!
“A generative value is a quality or attribute that must be generated, grown, cultivated, and/or nurtured. A generative thing can not be copied, cloned, faked, replicated, counterfeited, or reproduced. It is generated uniquely, in place, over time. In the digital arena, generative qualities add value to free copies, and therefore are something that can be sold.”
Eight Generatives Better Than Free:
Well, it’s now official. The Internet Media Device Alliance (IMDA) just announced its plans to hold their first General Assembly meeting at CES on Jan. 9 at the MGM. According to the website’s mission statement at www.IMDAlliance.org, “The IMDA has been formed with the aim of developing and promoting a set of open, interoperable standards and device profiles in order to maximize the growth of a global consumer market in Internet-connected media devices”. This can only be a good thing as the internet media and device market has been growing in many directions with no clear path or consensus. I'm overly optimistic that enough of the right people and companies will sign up so that it will be a successful venture, as 'Internet Radio' itself as a category seems to be gaining incredible momentum with consumers and will grow faster with some collective guidance.
DISCLAIMER: I’m honored to have been a member of the original Steering Committee and look forward to much progress with respect to interoperability and infinite choice for content. (It’s also worth mentioning that I’m on the Product Development team for the RCA and Acoustic Research Infinite Radios.)
According to eMarketer, the size of the Internet radio ad market is approximately $500 million, but I guess that depends on who you talk to. TargetSpot, the only independent company I know of exclusively specializing in online radio ads, seems to be in a great position as this new medium takes off!
Another one bites the dust!
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Here’s a great article [sad but very true] by Steve Albini called “The Problem With Music.” While it’s a little dated, the process is pretty much the same or even worse – given all the new artist 360 deals….
