Here’s your weekly music & entertainment industry wrap-up, handcrafted to give it that perfect Music Biz 101 flavor. You can always click HERE to sign up for our weekly newsletter, the official newsletter of the William Paterson University Music Management and Popular Music Studies programs. We guarantee the best information this side of ignorance.
Wait – Is that an insult? If so, who’s being insulted? While we figure this one out, go ahead and read below.
Your Weekly Music/Entertainment Industry Social Media Wrap-Up
Must Read of the Week #1:
The music industry lost 5 of its members in the Paris terrorist attacks. Click to read about who they were and what they were doing. Then go HERE to a GoFundMe campaign to raise money for the family of one of those lost.
While you’re reading, how about streaming WPSC: Brave New Radio HERE.
Must Read of the Week #2:
If you’re trying to justify in your head why you need to learn so much about the biz, click and read this article. Artist managers today need to be experts in the music and entertainment business in order to maximize chances of success for their artists. In the words of manager Michael McDonald:
“There are fewer people doing more work. I can either stand there and scream at the wall, or I can take responsibility, because ultimately I need to do what serves my client best.”
Pics of the Week:
Last Monday night, Popular Music Studies students produced a Pop Music Showcase that featured 20 songs, 18 or which were original compositions. There’s some great music out there. And sometimes it’s right under your nose.
Paul Sinclair of Atlantic Records put together a great day for William Paterson University music biz students at the Warner Music Group last Monday. Best day of the year? Pretty much.
Speaking of the Warner Music Group, Dan Goldberg, SVP of Global Consumer Sales & Marketing, and Matt Young, SVP of Global Artist Solutions, paid a visit to Prof. Aaron Van Duyne’s Structure of the Music & Entertainment Industry class. Heads are still spinning from the newly obtain knowledge.
As part of our Pop Seminar Songwriting Series, 2-time Grammy winning producer and songwriter Rob Fusari (Destiny’s Child, Lady Gaga, a Bobby Brown-era Whitney Houston) opened up in a musical therapy session with students. The custodian had to call in for backup to help clean up all the jaws that dropped to the floor.
There’s Rob, in the middle of a horde of jawless students.
What are you doing December 4th? Ask us why we asked you this question. We have a very cool answer that you just may love. Or click HERE to see the Facebook event.
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THIS NEWSLETTER BROUGHT TO YOU BY MUSIC BIZ 101 & MORE: THE RADIO SHOW & PODCAST
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Our big & awesome Music Biz 101 & More radio show (the only FREE advice music business & college radio talk show in the United States) airs every:
WEDNESDAY NIGHT at 8:00.
** Our guests this week are …
Josh Bernstein, Paul Sinclair, Rob Fusari, Joanne Kelsey, and Karl Guthrie. They were all part of our live Music Biz even on October 25th.
We talked about how unsigned artists can get signed, where the money’s gonna come from, and took student questions. Don’t miss this cool show!
Tune your radio to 88.7 FM – WPSC: Brave New Radio.
Click HERE to stream the show!!!!
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Music Biz 101 & More is the only college radio-based FREE advice music & entertainment biz talk show in all of the Americas. Hosted by William Paterson University professors Dr. Stephen Marcone and David Philp, the show airs live most Wednesdays at 8PM EST on WPSC: Brave New Radio.
More Stuff To Check Out:
We’re all immortal, until we’re not. Click and see what’s going on for independent musicians when it comes to covering medical expenses.
The entertainment business, mostly publicly owned, answers to shareholders, who obsess over quarterly results. Amazon said no to that short-sighted trend years ago. This article explains how their philosophy has succeeded. Please click now.
Think about going to the music industry’s main convention of the year, Music Biz 2016. In fact, William Paterson University’s Music Biz program will attend. Buy tickets now and let’s hook up? We’ll interview folks for the radio show/podcast and bring a whole class of eager students. Hit reply and ask for details!
More Stuff To Check Out Part II:
This is great. You really get to see the costs of running a streaming service (unfortunately, we see the costs of one that just declared bankruptcy last week). If your service costs $4 million per month to run and you only take in $1.6 million per month, it’s hard to stay afloat.
Most interesting is that Pandora is purchasing the rdio assets for $75 million. Now we start to see a bigger picture of Pandora, which owns digital data company Next Big Sound and live events technology company Ticketfly. Should Spotify and Apple Music worry?
Read to see how Facebook corporate reacted to the French terrorist attacks. Was that fair, considering there were other attacks that had taken place just the week before?
The lesson: Set up a social media rulebook and stick to your plan. And always think, when it comes to social media, what’s the worst that can happen? Your answer may be enough to keep you from posting that cat picture.
Read this great discussion of how current deals stack up against a possible new wave of different types of deals. It seems it all comes down to if/when the artist can retain ownership of the masters. Click on this. It’s like your daily vitamin.
Like this newsletter? Do you have some information you’d like added in next week’s edition? Just hit reply and let me know.
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Until next week (or our next class),
Connect with me HERE on LinkedIn.