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Showing posts with label music business. Show all posts
Showing posts with label music business. Show all posts

Sunday, November 2, 2014

The Problems Musicians Face and How To Solve Them, Pt. 5

The Problems Musicians Face and How To Solve Them, Pt. 5

Part5Written by Tommy Darker, originally published in The Musicpreneur.
Travelling the world and chatting with fellow aspiring artists reveals astounding insights about the future of music. Here’s the deal: we think we all face different problems, but the reality reveals the opposite. I will share one of these insights, explaining what it means for the way we work as musicians and how to move in the future.

This is the 5th part. Each part is linked at the end of the post.
PART 5
What constitutes today’s success in the music business.
Ok, hopefully we see how poorly we currently behave and the potential for a better future for musicians. Identifying and outlining a problem is one part, suggesting a solution is another. This is what this Part 5 is all about.
Before we dive in, let’s articulate the main idea of this part, so we can provide a framework of thinking along the way:
There are two main Mediums in the modern music world: Mediatization and Communities. Mediatization represents Storytelling and Communities represent Humans.
The First Medium: Mediatization
There is a fundamental premise about modern music (that separates it from classic/contemporary music). Except for the formalistic idea of ‘the intrinsic value of music’ (that is, the exclusive value for what music IS on its own terms), the main value today lies in the context around music (or, value for what music MEANS OR REPRESENTS), which strengthens the musical experience and listener comprehension.
In modern reality, musicians are connectors, not just songwriters. They’re connecting people around stories and feelings. This is the magic power of a song and what the most successful tunes do: they connect. Humans. Around stories.
No surprise, then, that the main economic driver for the contemporary music industry is based on the story built upon the musical expression. As the French economist, Olivier Bomsel [1], calls it: Mediatization.
Mediatization is storytelling upon the musical expression that adds meaningful value to the music experience.
Without attempting to be conclusive on this, I love the idea of Mediatization as the first of the two Mediums upon which musicians can build success in the music industry. ‘Richer storytelling rewards you with success.’ Sounds like an ideal scenario.
And, in a way, it is. Think for a minute what prompts you to buy something — concert ticket, music itself, merch, anything — from your favorite artist. Is it the fact that they wrote some music? Or the fact that you’ve been reminded about their existence due to a new story that’s been published?
We buy music-related products because of the fusion of three factors:
• We have affection for the artist’s craft. That is, we love their music.
• Something triggers our affection towards them. That is, a story gets published.
• They give us the opportunity to purchase something. That is, they have something available for sale.
This is how the industry has been making money Direct-To-Fan so far.
In short, the business value of any musical activity, such as live performances, selling merch, getting sponsorships etc., is mainly based on the Mediatization potential of the artist.
This is the grand picture of the Medium in the music industry. We don’t sell the music itself, we sell the story around music. As Troy Carter, the ex-manager of Lady Gaga, said: “Music today sells everything but music.”
“Interesting. Tell me more about Mediatization…”, you say. Let me explain, without going too much in depth, with the help of Olivier Bomsel (who actually wrote a book on the subject).
Mediatization shapes the music experience and perception of the value of the song. The economic value in the music industry is based on the mediatization potential. As a natural consequence, mediatization contains the extended social functions of music:
• People connect and communicate because of music, and
• The more people that connect because of this music, the more valuable the music becomes, triggering network effects.
Once mediatization has been built upon the musical expression, it cannot be detached.
It’s obvious that mediatization is a meaningful compliment and cannot exist without the great music it’s built upon.
“I still cannot get my head around it. In practice, how does Mediatization manifest? Gimme examples”, you say.
Sure. With the artist’s branding (it can be myths, symbols, story, persona, colours, logo etc.) and the context around the music (campaigns, triggers, discovery process, marketing, distribution etc.). The tongue logo of The Rolling Stones is contained in mediatization. The numerous times David Bowie reinvented himself, the unconventional ways Trent Reznor releases his music, the personal touch Amanda Palmer brings to interactions with her fans.
The blatant truth is: for the music business, Mediatization is more important than the musical expression itself, but the former cannot exist without the latter.
That is to say, for the music businessman, it’s not enough that you’re a good songwriter. You need to be able to attach a nuanced and original story that can endure the course of time.
Needless to say, this story needs to be communicated properly to the people that would enjoy it.
It would not be an exaggeration if I classified ‘Communication’ as a separate Medium by itself. However, stories and music never communicated (or that don’t endure the course of time) maybe serve little practical purpose. That’s why Mediatization and Communication are inextricably connected — and one could say that Communication is a sub-medium contained in Mediatization. As Andrew Dubber mentions, ‘there are only two types of content of any value online: conversations, and the things about which the conversation takes place.” [2] I’m with you, Andrew.
The last, but probably most important thing to jot down, is that each musical expression deserves its own Mediatization.
As a consequence, in the past the mediatization of music was mainly delivered through CDs (and this was the main economic driver, leading to a universal business model in the ‘record industry’). But now the means of music mediatization can be as diverse as the musical compositions themselves (each artist can find their own unique way to show the story of their songs — not just CD releases — leading to a plethora of business models to use).
In short, each artist’s success could be sought upon a unique business model for their musical expression, based on richer and authentic stories. In the digital world, everything can be copied and replicated digitally (even physical objects — see 3D printing), leading their market value to a race towards zero. What will survive, however, are the intangible experiences we can create. Selling copies of music in plastic discs is not the only way anymore and we have to stop pretending we’re still in the MySpace era.
Hint: knowledge about business models and Mediatization is essential for modern Musicpreneurs. [3]
I repeat once again: each musical expression deserves its own Mediatization.
This simple sentence is responsible for the huge mess in the current music industry. We don’t know which business model to follow, after a long period of capitalizing relentlessly on a handful of established business models.
Anyway. No matter how necessary the first Medium might be, the full picture remains incomplete unless we go to the second Medium that artists will have to build their business upon.
The Second Medium: Communities
As we saw, musicians today are not just music creators, but also connectors: they connect human beings with stories. Mediatization had something to do with stories. The second Medium has to do with humans.
The second Medium is Communities.
Musicians attract people around the music. They evoke the audience’s feelings and awaken their sentiments. This phenomenon has better effects when the audience has gathered in a physical space to enjoy a shared experience (in a live performance or any other experience around music, generated by an artist).
You’ve definitely been in a large-scale live concert, right? Remember the feeling you get when 80.000 people scream the band’s name or dance to their music? Priceless. It’s the vibration and exchange of energy with people tuned in the same frequency. Something that doesn’t happen with other arts except for music.
The power of live music as a shared experience lies in the activation of network effects (the more people that use and/or enjoy an experience/music/product, the more valuable it becomes).
This partially justifies my previous argument that ‘music never communicated maybe serves little practical purpose’.
While elaborating on the fact that network effects are an essential — and actually inherent — part of the Mediatization process, it reminded me of another, obscure word connected to them. This word is not a buzzword or something everyone pays much attention to. Yet, the biggest and most high-valued tech companies today ARE this word. And, not many people seem to have realized this idea’s worth.
What is the word? The word is Platforms.
iTunes is a platform. Facebook is a platform. YouTube is one as well. Pinterest, Flickr, Twitter and — hell — even Uber and AirBnB are platforms.
They connect two (or more) parties around a main object. Facebook connects you with friends and interesting social objects to talk about. Twitter connects around real-time news. iTunes connects musicians with the audience directly. AirBnB connects room-seekers with room-owners. And so on.
Three of their common characteristics?
• The owners of the platform don’t create any of the content, they merely connect the content creators with the content consumers, incentivize/help both parties to keep doing so and make the information of the platform easy to find.
• They let other people build businesses upon their platforms. YouTube gives you a share of their ad revenue. Facebook enables you to make money too, through stores and building an audience. Flickr lets you sell your photos and AirBnB lets you rent your room. Any platform with an API allows you to plug your bit into the platform, giving the opportunity for you, the user, to innovate. This is how Apple’s AppStore or any marketplace works anyway.
• More common than ever, the platform will give away one product or service in order to attract one audience and make money from another(or, finally, both). Free in platforms is not a bad thing — it’s a prerequisite and it’s profitable.
By doing so, platforms build their business model upon other people’s activities and make money. They become the enablers. To simplify this nuanced matter, the more people that use the platform and interact, the more valuable the platform becomes and the more profit it makes. Networks effects in action.
Which made me wonder.
If musicians…
• Are connectors already, connecting human beings around stories and common feelings…
• Give away their main product for free — that is music — and…
• Already enjoy and incentivize user-generated (or fan-generated) content around their art…
…then what keeps them away from being their own successful platform?
The answer is: in practice — absolutely nothing. In theory — just the absence of knowledge on how to build and approach a platform.
Platforms are so powerful in the real world, that a Boston University business professor who studies and speaks about Platform Economics, Marshall Van Alstyne, said that “there is a strong argument that platforms beat products every time.” [4]
Your music (and mine, too) has been a product so far. Created, promoted, sold. Like a shoe in a factory and game in a store.
Nike changed from a shoe manufacturer to an interactive platform for runners — and they won big. The same for Apple, who allowed the game developers to create their own app games and connected them with a global audience through their AppStore, taking advantage of their iPhone devices — Apple won big and were ahead of their time, too.
Now it’s high time that the approach to music shifts: music is a platform upon which a serious business can get built, connecting people around musical expressions and musical experiences.
As Andrew Dubber mentions in his ‘20 Things You Need To Know About Music Online’ essay, “we hear music, we like music and then we buy music”. Since each platform has its own, unique business model, what if we ‘hear music, like music and join the platform about music’, instead?
I’ve been studying and experimenting with these concepts for a while now. I find them highly arousing and exciting. I even quit my well-paid job to follow them and implement them in my art. But let me be clear: both Mediatization and Platforms have a lot of theoretical and practical points backing them, but they’re not easy concepts to master.
Nevertheless, before our main focus was to impress a label’s A&R and do whatever they say — getting a cut for this ‘obedience’. Now our main focus shifts to learning about making richer stories and building communities.
More fun? I think so. And I’m looking forward to it for sure. The future is now.
Further investigation and resources are necessary to explore the present and future of music, so I reckoned it would be useful to provide some links below. They are either already mentioned in the essay or provide additional context to the issues discussed.

Tommy Darker is the writing alter ego of an imaginative independent musician and thinker about the future of the music industry. His vision is to simplify scalable concepts and make them work for independent musicians.
He is a writer about the movement of the #Musicpreneur and founder of Darker Music Talks, a global series of discussions between experts and musicians. He and his work have been featured in Berklee, TEDx, Berlin Music Week, Midem, SAE Institute, Hypebot and Topspin Media. Find him on Facebook and Twitter.
This research and essay is proudly patronized by its readers.

Friday, June 27, 2014

So You Wanna Be An Artist Or Writer Or Publicist?

So You Wanna Be An Artist Or Writer Or Publicist?

By indie rapper Kosha Dillz (@koshadillz).

This is an interesting twist. The same advice you give to an artist (rappers, singer, band), you can also give to a writer and/or publicist. I think there are 7 things you must prepare for in basic level, and I think this article can spin off into many responses. There are probably way more things to write about with this topic, but these 7 are very key for anyone who is embarking on a life long journey.
I believe music is an art, just as much as journalism and being a publicist. To make it into a job will take a lot of cojones and patience, and you might want to reconsider heading this route. But since I'm sure you will not reconsider it, let's give it a whirl.

1. Make good music that you can perform x represent great music.
Since being part of the music world is so much of an in-person experience, try making amazing music, that you can play. If you make amazing opera music, you might be in a different work than us, but maybe it can work out provided you find the right feel. Writers and publicists who touch topics that aren't what their brand is…will have them judged by their audience. Basically be involved with the best of the best in the brand you are trying to deliver. If you want that 200,000 email industry contact bullshit for $49, you will deal with clientele that associates with, and it doesn't win you "fans".

2. Have a dope music video / column that delivers your brand.
Music videos are the way to be in 2014. A video can describe a person so much. Let me fix that, a music video will describe you to the person as their first impression because it's the easiest way to get to know you in 3 minutes. Audible Treats does a great podcast of their artists that is well put together, and since we trust the brand, we download it. Writers should start a column. I used to write for Ruby Horney and did interviews with people in a "fill in the blank" form. I always asked silly questions and made people fill in the blanks.

3. Be prepared to be rejected.
Have you ever tried Tele-marketing? It's great practice for the music business. Imagine being rejected a lot by people for whatever reason. No …NO….not interested…I'm not into that kind of music….no. This goes for rappers, writers and publicists. You don't know when a no will turn into the yes.

4. Be prepared to be underpaid.
A lot of people consider music business a hobby. What this does is compare a real writer to a "blogger". It considers someone like MC Supernatural who gets paid tons of cash to perform with his freestyle shows to a random person who is drunk and "freestyles too." Just because you drive a car doesn't mean you are a race car driver, but sometimes all people need is the car. For this reason, you will be underpaid provided you don't stick to your worth.

5. Don't have a backup plan.
Anyone who ever is a part time artist or a part time writer/publicist will never fully understand how to have a full time job as an artist. I have never met a part time doctor, or a part time dentist. They put in years of work for nearly slavery (4 years college, 4 years med school, 3 years residency min, 1 year fellowships). But the pay off is great after all the years of hardwork. Notice how this time is spent working with other people.

6. Document and publish you.
Artists def have to put their life out on the line just like writers and publicists do, because we all know that it isn't always objective reasons for the way things get done. Kevin Lyman recently spoke at the ASCAP conference about ways to introduce music to someone. For him specifically, you'll want to chat about fishing and not your music. For me and people like Diamond Media 360, you'll want to chat about collegiate wrestling. Writers and publicists do the same thing. You can't only pitch music. People want to work with you because of you. At least in my experience…I think.

7. You must go out.
Kinda hard to say. You stress over time, but we all have the same amount. Go out and meet other people. You have to get clients. You have to get things to write about. You need inspiration. You need to show other people support. The internet has made everyone lazy. Stop texting and start calling. Stop sitting in the back and get in the front. Some of my biggest successes, like beaching a video game character in NBA 2k, happened because of me being out at an event. Every article I write is because I am out somewhere and get inspired to write.

Well. I think this is all a good place to start. Recently I was street performing on Hollywood BLVD and was discovered by a Vlogger named Roman Atwood, Vitaly, and Kevin Brueck. Performing for four people has gotten me over 365,000 views in the past few weeks, and inspired me to start my own 30 day vlog challenge.
Subscribe to my 30 day vlog challenge on YouTube.

Related articles

10 Ways To Push A Project 5 Days Before It Comes Out

10 Reminders For SXSW Before You Enter The Abyss

8 Ways Musicians Can Gain Media Coverage Indirectly [Kosha Dillz]