Towards a New Music Business Model And The New Thinking That Is Required.
“The future does not fit in the containers of the past.” – Rishad Tobaccowala
“..we are now in an era where spectatorial culture is giving way to participatory culture”. Henry Jenkins director, Comparative Media Studies Program at MIT.
I give thanks once again to Brian Zisk and his incredibly motivated crew for inviting me to speak at the upcoming SanFranMusicTech event on December 7th in San Francisco, and later at the SXSW Conference in Austin in March 2010. Brian is one of the organizers of SanFranMusicTech and is moderating the panel that I will be on at SXSW. [If you’ve never attended SanFranMusicTech I would encourage you to do so. It’s a wonderful, energetic mix of entrepreneurs, tech experts, musicians and thought leaders in the digital space. In other words it’s not just for musicians or techies…] The panel discussions will revolve around the premise of how, or if, musicians are using the tools available to them on the Social Web.
I have written this essay as a prelude to the upcoming panels, both to outline my views on the subject in advance, and also as a way to organize my thoughts and past essays into one place. The debate surrounding online music distribution still evokes passion from critics and supporters alike, the most vocal being musicians who believe that I am working to make music free online and therefore deny them income from CD sales. Nothing could be further from the truth, I simply argue that musicians need to monetize everything around their musical output and stop dreaming that CD sales will one day return to previous levels; where the 2009 equation means 100k is the new 1mm, 10k is the new 100k etc. I should point out for the record that I am focusing almost exclusively on non-mainstream, independent musicians. [Although there is no reason at all that mainstream, commercial artists shouldn’t be doing the same thing.]