Archive for the ‘Music Business’ Category

Hind Raises $60,000 In 11 Days

Tuesday, December 8th, 2009

Hind

25-year old female singer, Hind, completed her fund raising project on SellaBand, the foremost fan-funds-artist platform.  In just 11 days, Hind, a former Pop Idol from the Netherlands, raised €40,000 ($60,000) to record a new studio album.  Almost 1,000 Believers (fans) from over 50 countries invested an average of $5,500 per day, a new artist fund raising record!

Related Posts
SellaBand – Fan Funded Music 2.0
Kickstarter – where good ideas get funded
How to raise $10,000

M&Ms – Give Your Fans Something To Munch On!

Monday, December 7th, 2009

M&Ms

I just discovered that anyone can create their own custom M&Ms!

Just imagine:  Every bite with your message, artwork, logo or face on it.  How cool is that?

You can also choose from a variety of personalized color schemes and packaging.

It’s so awesome you have to check it out.  Yum!

3 Best Kept Music Marketing Secrets

Sunday, December 6th, 2009

Music marketing is hard. Really hard.

I have made all the rookie mistakes and then some.

From building websites to building an email list, I have spent a small fortune creating my business. Had I known then what I know today, I could have saved thousands of dollars, spared myself countless sleepless nights, and achieved the success I enjoy today much sooner.

If you’re already enjoying the success you deserve, read no further.

But if you’re feeling disgruntled with the music industry, frustrated with the promise of a multitude of internet services, and darn right pissed off that all the work you’re doing isn’t paying off, please read on. I’ll make it short.

Secret #1: Email Is The Holy Grail
Whether you’re tricking out your MySpace page or performing at your local venue, always think about what you can do to collect more email addresses. Believe me, there is nothing of greater importance than your email list. If you’re not using a professional email service, start now.

Secret #2: Passive Radio Is Passé
Massive online radio sites get your music in front of targeted music fans. They are not your average passive radio listeners, they are music fanatics feverishly searching for music just like yours. Yeah, you have to pay for the privilege, but the exposure you get in return is guaranteed and trackable. In the music biz, it’s hard to find that kind of bang-for-your-buck value. Jango Airplay is the largest online radio promotion service I know of. Are you on it?

Secret #3: Get Professional Help
Whether it’s your songwriting or your marketing (or anything else), never underestimate the value of expert advice. We Are Listening provides professional assessments for songs and lyrics. It’s what we know and what we’re good at. But you can find a service, coach or consultant for any project you wish to fast track to success. The humility required to ask for help and receive critical feedback is the mark of an independent artist and entrepreneur that people want to listen to and associate with. Personally, I can use all the help I can get!

Related Posts
Jango Airplay
Email & Newsletter Marketing Services
Song Contest & Critique Status Manager

9 Music Industry Leaders (You Should Follow)

Thursday, December 3rd, 2009

Music Industry VIP


1. Follow Trent Reznor

Nine Inch Nails
In May 2008, Nine Inch Nails released the The Slip as a free digital download accompanied by a note from Trent Reznor, “This one’s on me”, as a courtesy to NIN’s loyal following.  The album was downloaded over a million times before the end of May 2008.  Many of the music industry’s most disruptive paradigms, including the “Free” and “Direct-To-Fan” concepts, can be traced back to Trent Reznor’s independent marketing activities.

2. Follow Don Passman
Author and Entertainment Lawyer
One of America’s top entertainment attorneys, Don Passman is the author of the non-fiction bestseller “All You Need to Know About the Music Business”, which has sold more than 300,000 hardcover copies in print.

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ReverbNation Adds Expert Human Resources

Wednesday, November 18th, 2009

ReverbNation

ReverbNation, now home to more than 500,000 artists, labels, managers and venues, has partnered with an expert faculty of music marketing experts to provide its users with a selection of marketing services, such as PR, radio outreach, street team development, and Twitter or Google optimization.

Any ReverbNation member with a free ReverbNation account can automate an enquiry with an ‘expert’ in the Resources section of his or her account in a couple of clicks.  The listed ‘expert’ has committed to respond in a timely manner.

“The goal here is to efficiently match an Artist’s needs with the right service provider for them,” said Jed Carlson, Co-Founder and COO of ReverbNation.com.  “Finding credible help in the music business can be a significant challenge for Artists.  Our goal is to simplify the process greatly.”

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ReverbNation launches the Reverb Store
Yep Roc Records
Free Songs from ReverbNation

$10,000 In 48 Hours (Without A Label)

Monday, November 16th, 2009

This is a guest post by Brian Mazzaferri

I Fight Dragons

Brian Mazzaferri here, Lead Singer / Songwriter / NES-Player from Chicago NES-Rock band I Fight Dragons.  You may remember me from “How To Get 200 New Fans A Week“.

Well, it’s been a good while, and our mailing list has continued to grow.  In fact, it’s more than doubled in size since then, and we’re also in the midst of our first national tour!  However, I wanted to write to answer one of the biggest questions that has arisen from my previous post.  Gaining fans is well and good, but at what point can one expect to actually turn a fanbase into a living?

Well, we took our first stab at answering that question 2 weeks ago.  We decided to offer this:

USB Card

They’re Lifetime Membership USB Drives!

They come preloaded with all of the music we’ve ever released (including email-list only tracks), and they guarantee the owner a free digital copy of anything we ever release, as well as free admission to any live show of ours now and forever.  And there will only be 100 ever made.

We posted the link, sent an email to our mailing list, and within 48 hours all 100 were sold.

So why were we able to sell 100 of these $100 drives, being only 9 months old as a band, having never had a label supporting us, and only being part way through our first tour?  It wasn’t a terribly original concept.  Plenty of bands have tried to raise funds by offering limited run, high price items, and usually they will succeed if they’re already well established (Nine Inch Nails, major label acts), and fail if they’re not (the rest of us).  I believe there are 3 main reasons we succeeded:

1. We give a lot of free stuff away.  A LOT.

As I discussed in my last article, we regularly send out free, high quality mp3 files to our mailing list.  In fact, in the 9 months we’ve been a band, we’ve released over 15 free tracks to our subscribers (in addition to the 5 free songs they got for signing up!).  We’ve also gone out of our way to create new kinds of free stuff for them.  For example, when we reached 1000 subscribers, we offered them all free personalized signed wallet cards that certified them as one of our first 1000 fans.  We made and mailed them out ourselves, and fans really appreciated them.

My point is this:  we started our relationship with our fans by giving.  And then giving more.  Then more.  This is the first time we’ve really tried to sell anything to our mailing list, and it’s been 9 months!  Fans jumped at the chance to support us, and many many more were disappointed that we sold out so quickly, because they didn’t get a chance to buy.  We’ve shown our fans that we respect them and support them, and now they want to do the same for us.

2. The upside is infinite.

With a limited edition box set or super-deluxe package, you know exactly what you’re paying for and what you’re going to get.  However, with a Lifetime Membership, you will continue to receive value for the rest of your life!  Believe it or not many of our fans actually apologized to us for buying the membership, feeling guilty because they knew they would get more than $100 value out of the cards and they didn’t want to cheat us!

At the same time, the downside for us is very minimal.  Digital copies are free to make, and 100 fans spread across the world are easy enough to get free tickets for.  It’s a win-win.

3. We’re selling Memberships, not Products.

Instead of selling a deluxe, signed, limited edition box set or product, we decided to sell memberships.  The 100 people that own these cards are part of an elite club, and one whose membership will never expand, no matter how successful or well known the band becomes.  We’ve promised there will only be 100 of these drives, and we will stick to that promise.  It has become a matter of identity, not one of mere property.

So what does all of this mean?  Well, we’ve taken the first step in turning our music into a living, and we’re incredibly happy with the results.  Our fans are happier than ever too, especially the 100 who ended up with the Lifetime Memberships.  Many of them have even reassured us that they’ll continue to buy merchandise and physical versions of our music in the future!

So what’s next?  Well, we’ve still got to figure that part out.  I’ll keep you posted!

- Brian (I Fight Dragons)

5 Music Industry Leaders (You Should Follow)

Wednesday, October 28th, 2009

Music Industry VIP


1. Follow Terry McBride

CEO and Co-Founder of Nettwerk Music Group
Terry McBride is a two-time recipient of the Pollstar Industry Award for Personal Manager of the Year for his work with Sarah McLachlan (1997) and Avril Lavigne/Coldplay (2002), and recipient of the Walt Grealis Special Achievement Award at the 2003 Juno Awards, recognizing an outstanding individual who has contributed to the growth and advancement of the Canadian music industry.

2. Follow Derek Sivers
Founder and former President of CD Baby
Winner of the 2003 World Technology Award, Derek Sivers founded CD Baby “by accident” in 1998 and turned it into the largest seller of independent music on the web, which he sold a decade later to Disc Makers.

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TuneCore ? $30 Million in Music Sales in 2009

Saturday, October 24th, 2009

TuneCore Logo

By the end of this year, the TuneCore Artist catalog will have earned over $30,000,000.

This means that there is a song selling by a TuneCore Artist on iTunes every second.

Currently, TuneCore distributes between 150 – 250 releases a day.

I went head to head with Jeff Price, President of TuneCore, to find out how he created the world’s largest distributor of music in only four years.

“Music distribution is what we do, and we do it better than anyone else”, Jeff started.  “We are the first place music stores come to get the music and we pride ourselves on this.  When we launched four years ago, we got to change the world: For the first time in the history of the music industry, anyone could ‘sign themselves’ and get worldwide distribution of their music while keeping all their rights and 100% of the money from the sale of their music.  That was a game changing paradigm then – and still is today!”

TuneCore recently announced a partnership with Universal Distribution (Interscope, Universal Republic, Island Def Jam, Motown, Geffen and more), bridging the independent music market with the most sought-after music catalog in the world.

“This was a deal I did solely to provide artists with more options.” Jeff comments.  “In a nutshell, in addition to regular old TuneCore.com, we will also be hosting and serving websites for Universal labels that provide artists with distribution while taking none of the artists’ rights or revenues.  If an Artist chooses to get their distribution via one of the label portal sites (as opposed to TuneCore.com), they will have a direct line into that label.  This means the label will be aware of you, have heard your music, be up to speed on the success you are having, etc.  The label can reach out to you to offer more marketing, promotion, physical distribution and anything else.  If they do, the artist can choose to talk with them, tell them no, tell them yes, tell them they will get back to them or simply decide to continue to do what they had been doing to that point in time.  All the options.  No strings.”

From physical distribution via 215 Guitar Center stores to media widgets that distribute TuneCore customers’ content across the social web, TuneCore has made a name for itself by providing dozens of opportunities centered on the most accessible and competitive music distribution model of our time: Flat Fee. No Commission.

Not distributing your music with TuneCore?  Start now with a 30% discount!

Related Posts
CreateSpace
TuneCore Raises $7 million
TuneCore: A New Digital Distribution Model

Grooveshark & EMI Resolve Matters

Tuesday, October 20th, 2009

Grooveshark

Grooveshark, the Florida-based streaming music startup that grappled with EMI earlier in the year, has reportedly inked a deal with the major label.

A Webware 100 Winner, Grooveshark allows its users to stream music for free from an aggregate selection of 15 million tracks.  No download or registration required.  The service is supported by online advertising or through a $3/month premium plan which eliminates the ads.

Developed by a group of music enthusiasts from the University of Florida, Grooveshark boasts one million registered users to date.

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Music Piracy or Theft?
Radiohead vs. RIAA

Win $10,000 Cash from ArtistForce.com

Sunday, October 11th, 2009

ArtistForce

ArtistForce, the web-based relationship management platform and marketplace for live entertainment, has introduced a free version of its service.  The free edition provides artists with up to five different industry resources per month and will make it possible for them to receive messages, negotiate booking inquiries, and use the ArtistForce widget, without paying any fees.  Entertainment buyers will enjoy free and unlimited access to review talent, negotiate performance offers, manage event expenses, generate documents, and manage contacts.

ArtistForce is offering a cash prize of $10,000 to the artist who books the most paid shows using any free or paid version of ArtistForce between October 9, 2009 and February 14, 2010.  The cash prize will be presented in Austin during the company’s participation in SXSW 2010, where the winning artist will also be given the opportunity to perform live at an ArtistForce sponsored event.

Related Posts
Public Enemy Raising Money from Fans on SellaBand
ReverbNation launches the Reverb Store
How to raise $10,000