Here at FMC, we tend to think a lot about changing business models for musicians. Certainly, many artists are still making the majority of their money from selling CDs, merch or playing gigs. Yet we’ve come to realize that musicians’ access to potential revenue — especially in today’s digital landscape — expands far beyond that.
Recently, FMC started ponder all this in a more organized fashion: just how many different ways are there for musicians to earn money? We’ve come up with 29 so far, which we list below.
Well, we hope everyone had a nice long weekend (if you got one, that is). We at FMC took a couple of days to unwind from the 2009 Future of Music Policy Summit, which took place from Oct. 4-6 at Georgetown University in Washington, DC. If you were there, you know how awesome it was. Hopefully the rest of you were able to catch the live webcast.
But we haven't exactly been slacking since this year's Summit wound down. Our Education Director, Kristin Thomson has been hard at work putting together slides and documents related to the musician-oriented programming from Sunday, Oct. 4. read more
At the Future of Music Coalition Policy Summit earlier this week in Washington, D.C., where Spotify co-founder Daniel Ek gave a talk, hallway chatter centered around licensing ISPs the way the music industry does radio, and Spotify was often mentioned as a services that could potentially make that happen. And it has already proven capable of inking deals at the ISP/telco level.
If ISPs in the United States offer the same, opt-in model that Telia will offer in Sweden, consumers will likely relish that freedom. However, it remains to be seen whether labels in the United States will be willing to abandon their dream of licensing 100 percent of an ISP?s subscribers in a single stroke. read more
If you follow new technologies for the digital distribution and access of music, you've undoubtedly come across the name Spotify. In recent months, the Sweden-based service — which offers a deep catalog of high quality streaming audio via a rock-solid and intuitive desktop client — has racked up the press mentions on both sides of the Atlantic. Spotify's Daniel Ek will be presenting at the Future of Music Policy Summit 2009 (Georgetown University, Washington, DC, Oct. 4-6). Reserve your spot now! read more
If you follow all the latest developments in digital music, from gadgets to apps to social media, then you've probably already heard of Spotify — an exciting new music service that might just be the application that makes on-demand streaming "click" with fans hungry for more ways to legally access music. So we're thrilled to announce that Spotify founder Daniel Ek is confirmed for FMC's Policy Summit 2009, which takes place at Georgetown University in Washington, DC on October 4-6. read more
We at FMC are always psyched when we hear about artists making DIY work for them. Although you can't paint with one brush when it comes to musicians -- many have wonderful relationships with their labels -- it's clear that today's performers don't need big-time backing to make a record and get it out there. And they're also getting way creative with marketing, as we point out in our recent post about Josh Freese and Jill Sobule. read more
For those of you who don’t know, Sivers founded CD Baby in after quitting his job at Warner Music to become a full time musician. Instead of trying to score a record deal and conventional distribution, Sivers began selling his CD on his personal website. Soon he was helping his musician friends do the same, and CD Baby was born. Since those humble beginnings, the site has grown to include more than 267,000 acts, sold more than five million CDs to online customers and has paid more than $98 million directly to artists.
With so many cool and interesting panelists on board for our upcoming DC Policy Day on February 11, it’s hard to choose which guest to be more excited about. read more
A post at the Copyright Alliance blog got us thinking about how today’s musicians develop a fan base. The digital revolution has led to unprecedented ways to connect with potential audiences, but the landscape can be tricky to navigate. Talent (even if it’s currently only your mom or GF/BF who thinks you’ve got it) and persistence are still your best bet. The good news is that you’ve got tons of tools to start convincing the rest of the world. read more