Your Music Biz 101 Wrap Up: Week Of April 1st
It was another fascinating week in the music & entertainment biz.
Listen Wednesday at 8PM as your Music Biz 101 & More radio show interviews Brad Prendergast, the senior counsel for licensing and enforcement for SoundExchange.
Now, you probably don’t know what his title is, so there’s that. And you probably don’t know enough about SoundExchange, which may be more important than your label and PRO as streaming Pandora and SiriusXM continue to grow, so tune in if you want to see how money can be made in music.
Meanwhile, Beyoncé has made more money with Lemonade than she did with her last album by pricing it $2 higher, per album download. Oh, and it’s $7 per unit more expensive than Adele’s 25. Yet, Adele sold more. Burn on Beyoncé.
Also, ASCAP brought in more revenue in 2015 and cut expenses, but paid out less than in 2014. Huh? HERE‘s why. Finally (although there’s a lot more that happened last week), there’s a cool discussion of YouTube vs. Spotify HERE that you should ingest.
There’s also this:
(The drummer from Rob Fusari’s band, who’s also writing this, snapped a pic from his perch during last Wednesday’s benefit concert for William Paterson University music scholarships at The Cutting Room. It was Fusari’s first solo show as himself. Rob and the band got a nice review that you can read HERE (note how the band was “adorable,” and nowhere in the article does it say, “excluding the drummer.”)
Now go scroll down and click on what interests you the most.
Your Professor David Kirk Philp
The Rob Fusari Band and crew, which was really your WP Modern Entertainment Company class. Pretty cool hands on experience, huh? (Thanks to Miguel Rivera of 10th Dimensions for the pic!)
Radiohead’s Corporate Empire: Inside The Band’s Dollars & Cents
Just ’cause you play Rock ‘N’ Roll doesn’t mean you’re a dummy. Read how the boys in Radiohead and big brains in their heads.
Selena Gomez Part Of Coke’s Share A Coke And A Song Campaign
Think this will sell any downloads? Increase streams? Will it create new fans of Gomez or Coke? Love this or criticize it. But know that promotions like this are what labels do to drive awareness. Promotions like this are also what brands, like Coke, do to drive awareness.
For this kind of artist, you do this kind of thing. Radiohead would be wrong for it. Who else would make sense? Who else wouldn’t fit?
7 Easy Fixes That’ll Make Your Band Look Better On Social Media
I love these articles. There’s always something to grab from them. What can you use to improve?
YouTube Improves Its Content ID For Creators
This may turn into a pretty big deal. Or at least a first step in more money coming from YouTube to those who created the content that the Google-owned company streams. Click on the link to read about what Content ID is, what it did, and what it will do going forward. This is a pretty big deal, so don’t skip it! Click it!
Music Biz 101 & More This Week: Brad Prendergast of SoundExchange
This is a repeat of an earlier show. It’s worth listening to. Coming up:
- 5/4 – Brad Prendergast – SoundExchange Senior Counsel, Licensing & Enforcement
- 5/11 – Jason Hobbs – SVP Digital Strategy at Machine Shop/Linkin Park
Tune in at 8 PM each Wednesday for some great, FREE music biz talk.
For full details about the Music Management Program, including courses, the minor, and our MBA, click HERE.
For full details about the WPU Pop Music Studies Program, including courses and audition requirements, click HERE.
Professor David Philp is Assistant Professor Music Management & Popular Music Studies at William Paterson University. He is the co-host of the only FREE advice college radio-based music & entertainment industry talk show in America, Music Biz 101 & More, which airs live most Wednesday nights and is available as a podcast HERE every night (days too). Reach him at PhilpD@wpunj.edu or find him on LinkedIn HERE.