Universal Music Group annual revenues

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.  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(s) Of The Week:

What Happened When Linkin Park Asked For Help On Their New Business Model

You must read this because it shows how one ultra-successful band is trying to stay ahead of the curve
and figure out how they’ll be able to earn money, starting with their “wholly owned innovation company.”

Read this and think about what you can take from their new strategies for yourself.

While you’re reading, how about streaming WPSC: Brave New Radio HERE.

Pic of the Week #1:

Thanks to Al Cohen for this flashback.  These are the fees paid to performers at Woodstock, which
took place August 15 – 18, 1969 in Bethel, New York.  Any surprises on the list?

Must Read of the Week #2:

Should Radio React To Apple Music?

The focus of last Tuesday’s Apple Music launch has been mainly how Spotify will deal with their new
competition.  But don’t forget that part of Apple Music is a worldwide radio station.

What does that mean for Z-100 or 105.5 WDHA: The Rock of New Jersey?  This is a great article with
suggestions about how radio stations across the country will react. Radio still breaks artists, so keep up
with this part of the story.

Pic of the Week #2:

Gone but not forgotten.  There’s a dead mall in New Jersey called The Wayne Hills Mall. They still feature
a Sam Goody store which closed down in 2006.

Want to learn more about record retail?  Listen HERE to our podcast with Michael Kurtz, founder of Record
Store Day.

Pic of the Week #3:

Our Music Biz 101 & More radio show interview with Alternative Press Music Awards producer, Josh Bernstein,
is up for you to hear.  Click HERE or on the pic to learn all about awards show revenue streams and how to get
sponsorships.

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Keep up with pics of what’s going on around WPU and its Music Biz department (covering all things music) and
follow our Instagram Page HERE or Music Biz 101 Facebook page HERE.


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Our big & awesome Music Biz 101 & More radio show (the only FREE advice music business & college radio
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WEDNESDAY NIGHT at 8:00.

You’ll hear Tracey talk about:

  • Working with Whitney Houston & Aretha Franklin

  • Running the Motown Cafe and why it failed 

  • Overcoming barriers and making it in the music industry 

Your interview was performed by Steve Leeds, WP Adjunct Professor and
Sirius/XM VP Talent & Industry Affairs. 

Tune your radio to 88.7 FM – WPSC: Brave New Radio.

Click HERE to stream the show!!!!

Tweet us your Music Biz questions post-show:

@MusicBiz101wp

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More Stuff To Check Out:

Independent Labels Reach Digital Tipping Point – Driven By Streaming

You should be familiar with Merlin, which is a major global digital rights agency that represents 20,000 indie labels.  Click and read how the top revenue streams for one in three indies now comes from streaming.  And it’s growing.  More great info when you click.

The Value of a Single Stream

Here’s a great infographic that clearly explains who makes how much off of Spotify and Pandora.  It includes the PROs, performers, labels, and songwriters. Click and do check it out.

Your Festival Headliners Aren’t As Young As They Used To Be

Click and learn a few things about music festivals – how they make money, how the festival market has changed over the past decade, and how headlining acts are aging. Why do you think this has happened?

In A Shrinking Record Business, Universal Music Is More Profitable

Did you ever think about why labels might actually like streaming?  Consider that a stream takes zero effort once the metadata has been transferred to the service.  There’s nothing to physically manufacture.  There’s nothing to ship.  If you have a gigantic catalog, like UMG, that means you’re sitting on a gold mine.  Click and read more about this.

Charles Dickens: Copyright Pioneer  

This is a fascinating article (Thanks, Aaron Van Duyne!!) about how the plague of the 19th century for authors was plagiarism.  Read about the battles Charles Dickens fought to create fair copyright law.

Why Studying The Music Business In College Is Good For You  

The experience has come under fire from some evil beings on the internet. Professor Philp uses words and paragraphs (and verbs!) to come to the rescue.

Bookmark This!! (Other Stuff To Click On & Read)

Follow All Of Our Podcasts HERE!!!!

6 Networking Tips Nobody Tells You

UMG Signs Global Partnership With Marriott Hotels

SoundCloud Boss On Apple, Free Music, And Going Legit

Marketing Lessons From The Onion

And finally…

Like this newsletter?  Do you have some information you’d like added in next week’s edition?  Just hit reply and let me know.And don’t forget to make a daily visit to…

Check out our website, MusicBiz101WP.com.  Got a contribution?  Wanna write a blog post once a week/month/semester?  Submissions are welcome.

Until next week (or our next class),

Professor Philp

Connect with me HERE on LinkedIn.

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*|William Paterson University|* *|Music Management & Popular Music Studies Departments|*Our mailing address is:
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