Wednesday, August 4, 2010

2012 (Or The Year We Finally Took Music Back)


The following article is from Wesley Verhoeve's outstanding industry blog - he is the founder of Family Records

Man, I remember what the music industry was like in 2010. It was still recovering from 1-2 punch of the Great Fraud of the 1990′s and the Digital Disaster of the 2000′s, but some light was already visible at the end of the tunnel. I’m so glad to see how we’ve evolved as a business. Just a few examples of my interactions with music in the last week or so:

Radio – As I make my way through the city I’m listening to HOT97, on my phone, and Funkmaster Flex plays the new Capone ‘N Noreaga single. I love it. He mentions I can order their new album through HOT97′s (mobile) website or via txt for $4.99, and it comes with two exclusive bonus tracks of Capone ‘N Noreage’s interview with Angie Martinez and a great 6 minute on-air freestyle they did with Peter Rosenberg. I txt CNNWar3 to HOT97 and 5 minutes later the album has downloaded to my Apple Music Locker^ in the cloud. HOT97 receives a referral fee for the sale. I switch from HOT97 to iTunes on my phone and start playing the album from the cloud. Once I get to my apartment I switch to iTunes on my computer and continue playing it while using Not.es*, a start-up app purchased by Apple and integrated into iTunes, to nerd out and read the liner notes, lyrics and credits. Not.es also lists the samples used, and I can purchase the original songs that are being sampled right there with one click. I buy a Bobby Farin track that is listed as a sample for $0.49, and Capone ‘N Noreaga receive a referral fee.

Live Concerts & Merchandise – Last week I went to a Radiohead concert, I got my ticket through TrueTix*, the new ticketing company started by Coran Capshaw that lists tickets at their actual price, including fees, and doesn’t charge you extra if you want to print it yourself. It’s one of my favorite concerts ever and so I text the code they displayed over the merch booth, 20120618 (today’s date), to RHLIVE and I know that when I get up the next day I will automatically get a great recording of the concert, delivered into my Music Locker for $2.99, via the new artist-controlled Amazon service DLVRY*. One of my friends forgot his phone and he puts in the order at the merch booth instead. Another friend already decided in advance he wanted a recording so he was able to tack it to his ticket purchase for a discounted additional $1.99. The recording comes with 5 guest passes, which I’ll send to my friends who couldn’t make it so they can at least hear the magic.

I also bought a limited edition tour T-shirt for $30 , which came with an automatic download of a tour only EP of demos the band recorded on the road. If they end up recording an additional demo later on in the tour, it will automatically download to my Music Locker and notify me. It’s awesome.

Continue reading this article from Wesley.