Our next Music Biz 101 & More radio show is a brand new show, pre-recorded at Music Biz in Nashville last month. We interview two humans: legendary rock drummer Carl Palmer, from Emerson, Lake & Palmer and ASIA, and his manager, Bruce Pilato. Listen on Wednesday.
In the meantime, listen all of our other on-demand podcasts HERE – and we’re always open to answer your tweets, so ask away.
Now scroll down and read a big ol’ fancy rant about streaming, Swift & Seger. Oh, our book is out now too. You’ll see that. Uh huh. You will.
Your Professor David Kirk Philp
Inside The Weeknd’s $92 Million Year – Comments On A Forbes Feature
It’s because of streaming. The Weeknd. Drake. Beiber. Ariana. They are the kings (and queen) of streaming. In the last week, did you see this?
You may not be a Bob Seger fan. You may not even know who he is. But… He’s going to tour this autumn and he knows that his physical sales of catalog are falling. He and his management must have put together a number. “When we fail to reach $XXX in sales in a month, or a quarter, or a year – then we’ll put our catalog on the streaming platforms.”
Did Seger, one of Classic Rock’s most consistent stars in terms of airplay (“Old Time Rock ‘N’ Roll”, “Night Moves”, “Against The Wind”, “Hollywood Nights”) lose money by waiting until now to let his stuff legally stream? He’s been on YouTube for years. YouTube pays less. And YouTube is #1. Was the wait pride? Was it ignorance? I would love to know the inside story and see the numbers and know what the tipping point was for him.
Did you see this?
With little fanfare, at least compared to Rocktober, 2014, Taylor Swift and her team placed her music back on Spotify. Why? Scroll to the very top of this newsletter. Wait. That’s asking too much. Here’s why: “Streaming is now the dominant platform for music consumption, and it’s growing rapidly–up 76% year-over-year, according to Nielsen.”
Holding out in June, 2017, is stupid. It’s plain stupid.
Complain all you want that artists aren’t getting paid as much as they deserve, that the system is nothing without the music. A boycott by fans ain’t going to happen, and you have to be where the consumers of music are. That’s Spotify. And Apple Music. And… Tidal? Rhapsody? Pandora?
My family has had a Prime account for years and I can’t tell you the last time I tried to stream a song there, much less a movie. But you know what Amazon is doing right? They’re providing value and they’re providing what we want when we want it. They bought Whole Foods on Friday for $13.7 billion. That’s nearly what the worldwide recorded music business generated in 2016!
So what’s the moral of this rant? Streaming is important. It’s more important than physical content now. But it’s NOT everything. Physical is still the #1 format in a number of countries (like Japan). And our friends at WMG will tell us until one of us is blue in the face that vinyl and CDs still move.
The smart move? Make your music available everywhere, in as many formats as possible – as long as the format is relevant to your audience. And don’t forget that, no matter what, you still have to write great songs and put on a great show.
Your Knowledge Presented By:
The book is out! Did you buy it?!?
Order this masterpiece HERE. Just like happy customer, Bobby Mahoney.
What is the single most important aspect of the music industry an artist manager needs to understand?
This Week’s Response: Brian Schechter – Former My Chemical Romance Manager
“That your job is 1/3 psychologist, 1/3 fire fighter and 1/3 foot soldier. They’re interchangable, but that’s the rule I’ve always followed.”
We name dropped Brian above. To hear him go deeper with his answer to our big question, plus for why he doesn’t work with contracts, and much more, click and listen to this. It’s going to knock the socks right off of your feet.
Band Gets A Bunch Of Money – What Do They Do?
I spoke to somebody last week whose band came across a nice chunk of money. They were told to make their album. Should they? Click for more.
What Your Band Can Learn From One Quote
There was a really good article in the NY Times last week about Instagram’s growth, which you can read HERE. It featured one quote in particular that really stood out:
“I can confidently say that most of the people who’ll eventually use Instagram don’t use Instagram now.” – Kevin Systrom
What does this mean? How can it help me?
Click and read this. It will hopefully inspire both your head and your heart.
Artist Manager Interview: The Who’s Bill Curbishly
This is a very interesting interview with Bill Curbishly, who’s managed The Who for decades. He also managed Robert Plant and Jimmy Page, separately. There are some great stories and some great lessons in here.
The best line:
“Money is a transitory thing. It’s a very short distance from driving the limousine and sitting in the back of it – one does well to remember that. Money is a transitory thing. It’s a very short distance from driving the limousine and sitting in the back of it – one does well to remember that.”
Click for more.
How To Be A Great Music Supervisor
Read this very interesting interview with Zach Cowie, the music supervisor for the Netflix show Master Of None. Here’s a great music industry job for you. Think it’s easy? Think again.
The best line:
“Many of the greatest things we’ll ever see or hear have already happened and it’s a tool that will help you if you know that stuff. It also keeps you from possibly being redundant too. I’m a big believer that to achieve new now is just to combine two things that haven’t been combined before, and the more things you can reference, the quicker you can get to those places.”
Our 2017 schedule looks like this:
June 21 – Carl Palmer – ELP/ASIA Drummer/Bruce Pilato – Carl’s Manager
June 28 – David Silbaugh – Talent Buyer, SummerFest
July 5 – Grover Biery – Head of Streaming for Concord/Heather Ellis – Manager, Artist Marketing at Pandora
July 12 – Steve-O Robertson – VP A&R at Atlantic Records
July 19 – Billy Fields – VP Sales at WEA
July 26 – Katelyn Drozd – Director, Talent Acquisition at Warner Music Group
August 2 – Alix Kram – Warner Music Artist Services/SaulPaul – Artist With A Message
August 9 – Charity Lomax – Tour Manager for the Eagles, Christina Aguilera
August 16 – Peter Jenner – Former Manager for Pink Floyd and The Clash
August 23 – James Stewart – Director of Marketing at em.CO (Tim McGraw’s management company)
August 30 – Caylnn Green – Warner Chappell Songwriter
September 6 – Brian Schechter – Former Manager My Chemical Romance/Current Manager Palisades
Mark those dates on your calendar; 8 PM on Wednesdays. What do you want to know? Who do you want to hear from? Let us know! The best part? It’s 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). Your favorite professor is also co-author (with Dr. Steve Marcone) of Managing Your Band – 6th Edition. Reach him at PhilpD@wpunj.edu or find him on LinkedIn HERE.