📞 Contact Number 8617697112 VIP East Sikkim Call Girls
Music Business for Fun & Profit 1
1. Good News – Bad News
Good News first:
You can compose and record heavy metal
acoustic disco tuba music sung in ancient
Greek and find someone who will play it and
somewhere you can sell it.
Now the Bad News:
It ain’t easy.
Now more Good News:
You took the right class!
2. Most of what all of us have learned is wrong!
Like no other business in the world, the
music business is full of myths, incomplete
and unintelligible information, PR, hype and
enough nonsense to fill an encyclopedia.
The industry has really split into two
separate businesses: the entertainment
business and the music business.
No other business has a model that will
permit such a high likelihood of failure. Let’s
take a look at what that means.
3. Of the 115,000 albums released and tracked by
Nielsen/Soundscan in 2009, here is how well they sold:
More than 500,000 34
More than 250,000 110
More than 10,000 1,500
More than 1,000 6,000
Between 1 and 1,000 107,356
That’s about a .03% success ratio. About 70% of these
releases were from major labels.
4. Who are the majors and where do I fit in?
Warner Music
Group
Sony BMG 11%
22%
EMI Group
13%
Universal Music
Group
26% Indie Labels
28%
5. What styles of music or artists do you think
have sold the most music in the U.S.?
6. Who sells the most music?
Amazon
Wal-Mart
Best Buy
Target
Apple
So where is that good news again?
7. Who sells the most music?
So where is that good news again?
8. The good news is in being small, smart and realistic. The
business is changing. You have to know to take
advantage of the new music business. For example: