In the days before the internet, when the major record labels had the music market sewn up tight,
it was all but impossible to break into the music business in the traditional sense without having a
recording contract with one of them. This often led to artists becoming broke before their album ever
actually hit the music store shelves.
The long established "standard recording contract" that was used by the industry, heavily favored the
company, at the expense of the star. Advances had to be recouped, recording and manufacturing and
distribution costs repaid before the artist saw nickel number one.
Now all that has changed, and for the independent recording artist or band these days, it is definitely
a blessing in disguise, although some may not see it that way. The "lure" of the big label contract is
still a desirable thing for most young artists, just because they have never been exposed to the
potential of the internet as a sales and marketing medium.
More seasoned artists have realized, in the past ten years or so, that the internet is definitely the way
to go if you want to seriously pursue a career in music. Mainly because it is virtually open to anyone,
regardless of budget constraints. Many bands and solo artists are, as I write this, creating small
empires for themselves solely by means of the electronic information highway.
Online music promotion, while still in it's infancy, is becoming a force to be reckoned with by not
only the major record companies, but other online artist. The competition, while not yet fierce, is
significantly stiff enough to raise the caution flag for many. Add to that the seemingly incomprehensible
way that advertising and marketing works on the web, and it's no wonder that many would-be internet
superstars give up before the fight even starts.
But it doesn't have to end there. There are resources available for struggling artists to take advantage
of when it comes to learning the in's and out's of internet music marketing and promotion. Online courses
dealing with website creation and search engine marketing and optimization are too numerous to count.
If your eyes glazed over as you read that last sentence, don't feel alone. The vast possibilities that
exist for creating a buzz, and establishing a fan base for your music are endless. There has actually never
been a better time to get started in online music promotion than right now. And the fact that so many established
artists are currently using this means as their primary marketing and distribution system only lends weight
to the argument.
Ever hear of a guy called Jimmy Buffett? Well, after numerous successful years of feeding the record
companies coffers, Jimmy decided that he'd had enough. Do you blame him? After all is said and done, a major label artist might end up actually being in the hole after everything is paid for on a major CD release. Don't believe me? The evidence is everywhere. Do a search on Google for the term "artists royalties", what you get back will look like some kind of horror story. But it's all true.
Jimmy Buffett decided to form his own record company "Mailboat Records", and he's doing quite fine now, and actually has been able to steal a lot of talent from the likes of Island Records to come over to his new label.
When you consider that a major recording artist has to sell somewhere around 3 million CDs just to break even, and an independent label can sell about 10,000 and the artist makes just as much, well, the choice really isn't that much of a choice anymore now is it?
Add to all this the newest thing, digital downloads, and you have a brand new market ready to explode for the independent artist out there who has enough get up and go to take a crack at it.
The future is yours independent musician. Let's make the most of it.
Listen To Internet Music
The creation of the original Napster and subsequent file sharing networks like Kazaa and technologies like ‘bit torrent’ trained an entire generation of Internet users that getting music from the Internet was both easy and fun.
The recording industry subsequently tried it’s very best to keep the consumer locked into the old business model of having you buy a CDs with 20 songs on it … when you only really wanted “one" of them.
That business model is dying a slow death and now even the major music studios have begun to embrace Internet music as a distribution vehicle.
So, the “genie is out of the bottle" so to speak. Internet music is here to stay. The public has discovered the power and convenience of Internet music.
The reason for this shift is obvious … Internet music is where the money is going. For sure, concerts are still big and likely always will be. But Internet music is rapidly becoming the delivery vehicle of choice for many consumers.
Consider the following facts:
* Recently, Accustream iMedia Research pointed to a 26.1 % increase in total listening hours in 2007 to 4.85 billion hours …. that’s a whole lot of Internet music.
* Such numbers are naturally drawing more advertiser interest with Clear Channel and Citadel Broadcasting having the most visibility.
* Internet radio billings topped $80 million in 2007, according to the group, almost triple the sales of $26.9 million in 2006. Now that’s some real Internet music.
* The Internet radio industry is also spinning video-based advertisements which yielded an additional $12-15 million in 2007.
* Can you dig it? “Video" on Internet radio. I guess those Internet music / radio station owners discovered that since most people who listen to Internet radio do so at their computer … which of course has a “monitor" … those Internet music lovers have ears … and “eyes."
* AOL-owned Shoutcast grabbed the most attention last year, with 48.4 percent of total listening hours, according to the ranking.
* Other top-ranked destinations included Clear Channel Online, Yahoo Music, AOL Radio Networks and Pandora
* Worldwide revenues from downloads, subscription services and CDs that were bought on the internet are expected to reach $10.7 billion in 2010 from $1.5 billion in 2005 according to In-Stat.
* The numbers show that the Internet has evolved into a key distribution channel for legal music sales.
A consumer survey by In-Stat found nearly half of the respondents had downloaded Internet music, with 64 % saying they had paid for their internet music.
I think what the music industry has discovered is that given convenience and reasonable pricing per song … people will pay for internet music.
Both Don Newton & Lou Kertesz are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Don Newton has sinced written about articles on various topics from Site Promotion, Keyboard Synthesizer. Don Newton is the President and Founder of the Independent INternet Musician's Association. A life long musician,producer, and self taught internet marketing expert, he now spends his time educating musicians and other music industry professionals about h. Don Newton's top article generates over 18100 views. to your Favourites.
Lou Kertesz has sinced written about articles on various topics from Keyboard Synthesizer. by Lou Kertesz . Lou Kertesz's top article generates over 18100 views. to your Favourites.
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