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April 25, 2008

Starbucks Downsizes its Entertainment Ambitions (With Update)

It was just a few months earlier I was predicting how Starbucks Coffee Company's Starbucks Entertainment unit was overreaching.

In the midst of CEO Howard Schultz's revamping of the company Starbucks has decided to hand over the music operations for its Hear Music label venture to partner Concord Records.

But I think it should be emphasized that Starbucks's music initiative lost steam because they lost touch with what made their music effort cool to begin with.

  1. Starbucks concentrated on music that gave its stores a cool vibe: jazz, blues, classic R&B, classical, singer-songwriters.
  2. The Starbucks customer spends a lot of time in the store: ordering, waiting on line for their order, and, if they choose, drinking their order in the location (or just working on their laptops).
  3. Starbucks, while they have some teen customers, is clearly more focused on the adult market.  This is a demographic that is not as active a music consumer as teens and college-age students.  They want the commuter, the office worker, the business traveler.  Starbucks, when they practiced a more honed musical aesthetic, found an easy audience in these demographics.

When any brand seeks to make themselves an arbiter of cultural taste the focus needs to be tight.  It can't be all things into all people.  When Starbucks Entertainment was launched in the wake of the Genius Loves Company Grammy-winning triumph it undid much of the good work the Hear Music team had accomplished in building to that particular moment.  It chose more mainstream material and allowed themselves to get involved with labels trying to market new acts which did not fit within that previous core aesthetic.

It's a cautionary tale.  A strong focus on music to help drive profits and branding initiatives has to take into account the brand's customer base and how that customer interacts with the brand.

UPDATE:  Great minds think alike; Charlie Moran from AdAge.com's Songs For Soap Blog is also thinking the Hear Music division of Strabucks suffered more from lack of focus.

And, as large as their ambitions were, I'm also now thinking that Hear Music got mis-directed.  All of that early emphasis on jazz, classical, folk, blues, and singer-songwriters; think how much influence the company could have wielded (and may yet still wield) in introducing and/or touting artists of significance in those more eclectic genres.  Their customers are yearning for something great, something special, out of their music.  And even with the instant familiarity of the artists in recent projects you just can't create a cultural phenomenon out of a normal Paul McCartney album release, nor out of a live James Taylor greatest hits record.  And, sadly, lest we forget, a lot of the buzz behind Genius Loves Company started happening in the culture only once Ray Charles passed away.  That ain't gonna happen twice.

Whither the Car Stereo

I caught an article today in today's USA Today on how consumer electronics companies are now offering CD-player-free car stereos.  These are not OEM-installed systems, and automakers would be wise to continue having in-dash CD players as standard features on new vehicles.  Their customers have invested heavily in CDs over the past 25 years, despite the sharp downturn in CD sales this decade.  Even rampant downloaders do a lot of burning music to CD.

Car makers should definitely look to add on options which allow MP3 player owners to use their players in conjunction with car stereos.

As it is, there are still plenty of cars with cassette/CD players, and there are plenty of peripherals one can buy to stick an MP3 adapter into the cassette deck.

The transition to an all-digital music economy is moving rapidly, but those who stick with physical product aren't necessarily Luddites to be shunned, just as people who want to shop at brick-and-mortar stores for certain items they can buy on the web aren't technologically backward.  They just have preferences which are ingrained, preferences which shouldn't be ignored by marketers.

March 27, 2008

Paradise City is Filled With Dr. Pepper

A few months back I ripped Dr. Pepper for running one of the most contrived music tie-in promotions I've ever seen.

This week the brand revealed a new music promotion that is so patently absurd it might be genius. 

Just about any music fan or industry employee knows that the world has been waiting for 17 years for the massive rock band Guns N' Roses to release their $13 million+ new recording "Chinese Democracy."  Whether or not GNR will actually ever release this money pit of a record has been an industry parlor game for years.  The band has launched intermittent, controversial tours, and even performed on the MTV Music Video Awards show - all leading to speculation about album release dates and final album track listings.

Dr. Pepper decided to take that parlor game to new heights by pledging to give everyone in America a free Dr. Pepper if GNR releases "Chinese Democracy" in 2008.  I find the effort to be laugh out loud funny.  It's a promotion run solely to give the brand some free PR - and it's working incredibly well.  The effort got coverage in the NY Post and W. Axl Rose himself has responded to the "Dr. Pepper challenge."

Here's the Dr. Pepper/GNR blog link.  I give Dr. Pepper kudos for having the cojones to actually execute this effort when so many brands are plain timid.  While every brand measures results based on ROI it's nice to see a fun idea with very little "I" just be allowed to have its own life

When you can even get a recluse like Axl to play along with the gag, then you know the brand struck the right tone.

March 19, 2008

What is "Selling Out?"

NOTE: Sorry - I started this post last week and just had the time to get it out today.

A discussion I've heard far too often, both among music industry personnel and those in the media and in the corporate marketing world, is that of trying to define what "selling out" is in terms of a musical act's relationship with a corporate brand.  On the one hand, it is an accepted fact that many acts need some kind of corporate involvement at certain times during their careers to help them financially or with major exposure boosts.  On the other hand, the artists themselves are rightfully wary of aligning themselves with brands in ways which leave them open to criticism from fans and press alike.  An article by Charles Moran in this week's Advertising Age explores this topic again.  Charles also co-writes the great Songs for Soap blog for AdAge.com with Mike Tunnicliffe, which explores the many different brand/artist interactions taking place these days.

One thing rarely discussed is this: artists - ALL artists - need to "sell out" to corporate interests at some stage in their career, and often this involves the corporations they align with the closest and with the highest stakes for their longevity - namely their own record labels and the radio stations/video outlets (and the conglomerates which own them).  Even in this digital, DIY age the large majority of artists seek to be signed by a record label so the label can provide marketing, PR, radio promotion, and distribution of their recordings.  Once the act has music to be released, then they need to go out and promote their single across the radio stations and video channels/outlets which they depend upon to drive their music up the charts, thereby driving album sales and the revenue they might receive based on that airplay.  Yet the major labels (and those indies which are divisions of major corporations) and the big radio conglomerates use music to their own ends just as any corporate brand seeking to license the content from those acts. 

How many artists feel their careers were mismanaged by their labels, both when they were current artists, and with their catalogs after leaving a particular label?  Too many to count.  Those corporations keep cutting staff and roster acts as the industry's physical sales woes increase.  They also have lousy reputations for being dishonest in their accounting to the artists they rely on to develop the content the companies are based on.  But those labels are still the key engines for allowing artists to create and distribute their art as efficiently as possible across a wide range of media.  Even the band Birdmonster, once touted as a completely DIY outfit in Chris Anderson's classic business book "The Long Tail," has signed to a label.

How many artists decry how radio airplay decisions have been centralized by corporate behemoths, leaving virtually no local station autonomy and relying almost solely on audience research to make programming decisions?  How many fans hate when radio conglomerates change station formats in their local markets, thereby leaving music fans deprived of easy access to certain kinds of music?  Radio conglomerates especially just use music to sell advertising time and advertising programs to marketers.  So, in essence, while artists use radio to air their songs, the stations use the music to draw in audiences attractive to advertisers, and the artists have ZERO SAY in what advertising those stations play around their music.

Even the venue owners, ticket sellers, and concert promoters are large corporate entities which must be dealt with: Live Nation, AEG, Ticketmaster, etc...  and these companies all have divisions which deal with artist fan clubs, merchandising, and other key parts of the artist's live performance and ancillary revenue streams.

Many artists who would refuse any proactive alignment with a particular brand nevertheless do not complain when particular retailers, hotels, restaurants, banks, health clubs, etc... have in-store music systems which include playlists featuring their own music.

So, let me use a rather crude analogy.  Much as Mademoiselle Rimbaud, the busty French girl pleading to Mel Brooks's King Louis in "History of the World, Part I" pleads she simply does not "do it," I reply to those artists who think they aren't already neck deep in corporate involvement with the King's blunt response: "Come on.  You know you do it.  We all do it.  We love to do it."  There is always a price to pay for releasing one's art and striving to have it make an impact on as mass a scale as possible.  There is always a beast which needs to be fed.  And if you want to achieve mass success, then there is always a game to be played to fire up the engine of that success and keep it running smoothly... which doesn't mean there aren't conscious choices artists shouldn't exercise, just that any claims of artistic purity are proven false on prima facie evidence alone.

Noted music supervisor Josh Rabinowitz of The Grey Group writes a bi-weekly column for Billboard magazine entitled "With the Brand."  In last week's column (no link available through all my search efforts) he espoused the virtues of artists "selling in" to the world of music licensing and doing music promotions with brands.  Why?  The answers are obvious.  In an interconnected world where one is more likely to hear about a video via YouTube than MTV, or hear a new band or song on MySpace or "Grey's Anatomy" than on commercial radio, then the choice to be anything but completely channel agnostic is short-sighted thinking.  Yael Naim and her song "New Soul" are part of the cultural zeitgeist due to an Apple TV ad.  And both the artist and the brand can measure their success together.  Since her song was featured in the ad her download sales have been significant, and Apple can actually, in some fashion, track how much consumers are paying attention to its advertising by watching that immediate reaction.  Similarly, the company can also check out how many YouTube views of its commercial have been seen by consumers, and, as Yael Naim's record is released, how many albums she sells and her success in the digital and mobile arenas - in great part to her association with the brand.

Haven't those been the great questions marketers consistently seek to answer: "How can I quantify the effectiveness of the advertising my company and/or marketing agencies is producing?  How can I tell, in this TIVO/DVR world, if people are just skipping through my company's ads and ignoring them?"  The measurements above are imperfect to be sure, but they are still measurements one can gauge effectiveness by.  Was there any shot "New Soul" would have received any consumer attention in today's oversaturated media marketplace without a major ad or television licensing opportunity such as the Apple ad?  Did she stand any chance at garnering radio airplay of any significance?  No way.

The quotient may be different for some older tracks or artists whose music is used in such a way, but not by much.  90s dance star Haddaway had his once-ubiquitous hit "What is Love?" licensed for a diet Pepsi Max ad aired on this year's Super Bowl.  He had a tremendous increase in download sales after the ad was aired.  Was it an increase the Diet Pepsi Max brand manager thought was significant given his multi-million dollar media buy for the Super Bowl?  Who knows?  But it at least gave him some quantifiable evidence to suggest the ad was the sole reason for that sales increase.

Production music companies are more than happy to be to taking corporations' easy money and leaving the moralizing to the artists with egos who find these opportunities to be analogous to selling one's soul.  There is a market to be served and they are glad to serve it as efficiently and cheaply as possible.

So every artist needs to take a step back and truly ask themselves this: if they are willing to give up their masters to one company - the record label, or if they are willing to go and provide programming to radio conglomerates who don't have any vested interest in music per se, then why are other types of brand partnerships taboo?  They shouldn't be, and if you don't think fans realize this, then you're selling yourself... short.

February 16, 2008

Another Ray of Hope for Record Companies & Artists

What we know about the record business is this: the legal digital download market, while growing, is not growing fast enough to negate or offset either the downward turn in CD sales or the illegal downloading market.  Labels are in deep trouble.

And while the labels are now busy making all their tracks DRM-free for certain online retail partners such as Amazon, it's ironic that two of the industry's new cash cows relies on closed systems: the popular video games Rock Star and Guitar Hero.  Both games offer the user the abvility to upload additional tracks to the game... and the results are phenomenal:

In the two months since MTV Networks and Harmonix released the music-based videogame "Rock Band," players have purchased and downloaded more than 2.5 million additional songs made available after the game's initial distribution.

Activision, meanwhile, said it has sold more than 5 million new songs via download for "Guitar Hero III: Legends of Rock" since it began adding downloadable content in early November.

Now Aerosmith has upped the ante for artist involvement amidst this robust environment for interactive music video games.  My question is why every other major guitar-centric rock band of the past 4 decades isn't doing the exact same thing?  Led Zeppelin.  Lynyrd Skynyrd.  Black Sabbath.  KISS.  Bon Jovi.  Ozzy Osbourne.  Etc...

It's so typical that a band which specializes in resurrecting its career over and over again gets the big picture - an artist's masters and copyrights are assets, and those assets need to provide continuous income or lose value.  And why have one's tracks appear on Guitar Hero via generic game characters when they could appear with the band's own iconic images and patented stage moves?  THIS is how a band introduces new generations of fans to its music while not alienating core, older fans.  And THIS is how to initiate and execute a brand extension properly.  This partnership doesn't mess with the soul of the band or the brand.  It enhances both (as opposed to, licensing "Dream On" for a Buick TV commercial after doing a killer automotive deal with Dodge just a few years earlier).

These games are important to the industry not only because of the obvious licensing revenue and digital track upload potential, but because the downloads take place via a closed system; the tracks work on the games, not your mobile device or digital library/service of choice.  No free downloads here.  This is mostly good news, but it also means the labels are going to look at this and say: "Instead of releasing new music or licensing our catalogs via the Internet, we will now seek to also develop solid revenue streams via closed systems where we have more control, and consumers need to buy music to obtain it."

January 24, 2008

E-commerce Sales of Physical Product - Revisited

As I mentioned in my last post - sales of physical CDs were up 2.4% at E-commerce sites last year.  E-commerce sites can offer up wider selection of product, allow customers to listen to audio clips of tracks, and peruse editorial and customer reviews of the album.  What the E-commerce experience lacks in immediate customer gratification it gains in terms of ease of shopping experience.

Yet sales of albums at E-commerce sites represent just 6% of overall album sales.  For labels with huge catalogs facing further consolidation of record retail floor space E-commerce sites represent the last best hope for the compact disc.  So where is the great marketing effort on the part of the major labels, the RIAA, and independent labels to drive customers online to purchase physical product.  This does not mean shunning label retail partners.  So many major music retailers have online sites which sell music as well.

But it also broadens the number of accounts the distribution companies ought to be targeting to sell physical product (and digital music as well).  So many "non-traditional" retailers operate E-commerce operations.  Why not get these accounts to test the viability of music sales via their web site?  How can the labels get these retailers to give them visbility on their site?

The point is this: in this area where the labels have a growth story to sell we hear little from the industry touting this success.  Now is not the time to play possum.  Now is the time to flaunt your plumage like a peacock and go out and convert the non-believers.  CDs, especially catalog and deep catalog in this current market, need to be championed.  Get out there and grind it out!

January 10, 2008

The Case for Record Retail Shelf Space Takes Another Hit, But Online... Another Story

Barnes & Noble reported weaker than expected fourth-quarter projections based on weak CD sales at the chain.  There have already been numerous rumblings about further decreases in shelf space for CDs at major chains like Wal-Mart and Best Buy.  Virgin Megastores is closing some locations.

This, on the heels of a 15% decrease in demand for album sales at record retail as a whole in 2007 - it doesn't paint a pretty picture... although sales of physical CDs via e-commerce sites experienced a 2.4% increase.  To me, that points to: A) how decreased selection at physical retail is forcing consumers to look online for titles which, until recently, could be found at major chains, and B) how the online record retail experience has just become more consumer-firendly than the physical record retail experience.  If you are starved for time - and who isn't - then going online first makes a ton of sense.  This development also illustrates "long tail" economics to a tee.

December 21, 2007

Starbucks Entertainment Officially Jumps the Shark

Kenny G.  No artist's name makes the hair on my neck stand up straighter.  As someone who got involved with the music business in the 90s from a love of jazz and during the "jazz renaissance" of that decade Kenny was, in my opinion, the epitome of everything wrong with music.  The saccharine sounds.  The Michael Bolton connection.  The complete lack of soul.  Sure, the guy had chops up the ying-yang, but to what end?  The coup de grace was when he paired himself with the disembodied voice of the deceased scion of jazz music: Louis Armstrong, for a "duet" on "What a Wonderful World."

I'm a pretty inclusive music consumer and listener.  I listen to all kinds of music, even the occassional smooth jazz record.  But I draw the line with Kenny G.  Today, Starbucks Entertainment announced an exclusive release with the above-mentioned Mr. G.

When I worked at Universal Music Special Markets I really wanted to work on the Starbucks account.  They had always approached music with a very sure-handed and opinionated curatorial sensibility.  Certain music worked for their brand.  Certain music didn't.  I distnctly remember one of the first meetings I attended with someone from Starbucks in 1999.  We had someone from Verve Music Group in on the meeting.  That person tried to pitch Starbucks on doing a smooth jazz CD as part of the company's branded CD compilations for the coming year.  They Starbucks employee looked at our Verve guy like he had two heads. 

Smooth jazz was not what Starbucks was about.  They emphasized artistic quality and warmth, intimacy and collaboration.  They did instrumental jazz compilations, singer-songwriter collections, blues, Brazilian music, world music, even some classical and opera.  The music for the brand had a point of view.

Starbucks never did too much advertising.  Their advertising was their product and their stores, and the environment created in those stores.  The couches and the ability to sit and enjoy your latte were part of that environment, but the music playing in the in-store bed was what you felt, what made you feel like sitting and staying at Starbucks, that being there was worth the price of that latte.  And the music on the Starbucks CDs and the music being piped in were synched up.  When you bought one of those CDs you could take a little piece of the Starbucks brand experience home with you.

Even as Starbucks purchased Hear Music and became more ambitious, the artistic specificity remained in their brand point of view.  They launched the "Artist's Choice" series of CDs, where musicians would create compilations based on their artistic taste.  And they chose artists that furthered the Starbucks brand's image as tastemaker: Lucinda Williams, Willie Nelson, Yo-Yo Ma, Elvis Costello, Diana Krall, Norah Jones, and many others (not all the titles are in print anymore).  Even on their "Opus collection" single-artist greatest hits packages they were able to delve into some very significant artist catalogs that were normally difficult to license: John Lennon, Bob Marley & the Wailers, Jimi Hendrix, Frank Sinatra, and The Doors, to name a few.  For this they should be recognized and applauded.

Starbucks also became a more significant account for selling frontline records, records which not many other accounts were carrying.  They championed artists who were releasing good records rather than just carrying the latest record the labels wanted them to flog.

After the groundbreaking partnership with Concord Records which was responsible for the Ray Charles mega-hit Genius Loves Company the company was sitting even prettier.  But, after the massive, Grammy-winning triumph of Ray Charles that curator's sense of knowing what was right for the brand diminished.

Starbucks is a huge brand, with a massive retail footprint.  At some point earlier this decade the company decided that the exclusiveness of the type of music Hear Music was producing and buying needed to diversify to account for a wider, more diverse customer base that crossed many different age cohorts.

So there is no longer a "Starbucks sound" per se.  Starbucks can't do deals with Kenny G AND Joni Mitchell and expect there to be continued trust in the brand's musical taste or sensibility among its customers.  Similarly, on the frontline side the Starbucks Entertainment team is now stocking more big hits and well-known artists: Led Zeppelin, Alicia Keys, Wyclef Jean are current highlighted titles.  And the titles released by Starbucks by Paul McCartney, Joni Mitchell, and James Taylor haven't excited customers as much as they've generated PR buzz.

Starbucks has always aimed to be the "third place" in people's lives, other than home and work.  But, more so than they realize, Starbucks' music initiative, from its beginnings, has helped give the brand the respect it needs to keep people trusting in their brand experience.    I mean, even the baristas can't be excited at the prospect of having to have Kenny G music piped into the stores.

Starbucks needs to reclaim their musical mojo - not just take on projects because they can.  If the gentleman from Starbucks I know who delivered that "no smooth jazz" edict to Verve back in 1999 is still working at the company I can hardly imagine how disappointed he is in this choice by the company he's worked at for so long and done so much for in developing their music business.

December 20, 2007

I Guess Colleges Aren't Teaching Ethics 101

David Pogue writes for the New York Times' Circuits section.  He describes how at various speaking engagements he has developed an exercise for his audiences, a kind of morality scale as to what downloading activities people consider immoral or unethical.

His great shock came when he presented this standard exercise at a college lecture.  I've posted what Pogue said about this experience below, but it ought to give anyone of my readers involved in a copyright-intensive industry: music, TV, fim, software, etc... ample pause as we consider what the generations now in college and growing up will deem just and right as we try and earn our livings off of created works.

In an auditorium of 500, no matter how far my questions went down that garden path, maybe two hands went up. I just could not find a spot on the spectrum that would trigger these kids' morality alarm. They listened to each example, looking at me like I was nuts.

Finally, with mock exasperation, I said, "O.K., let's try one that's a little less complicated: You want a movie or an album. You don't want to pay for it. So you download it."

There it was: the bald-faced, worst-case example, without any nuance or mitigating factors whatsoever.

"Who thinks that might be wrong?"

Two hands out of 500.

Now, maybe there was some peer pressure involved; nobody wants to look like a goody-goody.

Maybe all this is obvious to you, and maybe you could have predicted it. But to see this vivid demonstration of the generational divide, in person, blew me away.

There it is in black and white.  Now, I'm sure if Pogue were to ask this question in front ot students at Berklee College of Music or Belmont University's Mike Curb College of Entertainment & Music Business he'd get different responses, but I think overall, on campuses across the nation, the type of response Pogue saw would be the norm.

December 17, 2007

Advertising Age's "2007 Best Ad Songs" / Make a DEAL

Advertising Age has posted their Top 10 "2007 Best Ad Songs," noting their favorite uses of music in TV advertising campaigns.

I can see how some of these songs made the Top 10.  I love the Apple, Old Navy, JC Penney, Dove and Volkswagen ads.  I have mentioned the Volkswagen/Wilco partnership before, and it played out rather nicely in the execution.  Ingrid Michaelson, whose "The Way I Am" was featured in the Old Navy ad, questioned her own integrity when some fans ragged on her for "selling out."

I find the whole "selling out" argument to be passe.  As I commented on No Depression magazine's "Peter's Postscripts" blog - artists "sell out" to corporations every day, namely their labels and radio conglomerates.  Yet somehow Z100 or Island Records, for example, are considered holy while licensing music for a :30 spot is considered blasphemy.  Sometimes I just don't understand how people think.

I was somewhat surprised to see that one of my all-time favorite bands - IRON MAIDEN - had licensed their 1988 hit "Can I Play With Madness?" to Sony Electronics for a commercial about HDTV - easily listed as one of the "Most Questionable Ad Songs of 2007" by Ad Age.  I was less surprised Maiden licensed the track (though this is the first instance I've seen of the band licensing ANYTHING) than the agency chose that song to help deliver the message the ad was trying to send.  I found the ad preposterous just from the visuals, and when Maiden's track is added the effect is just dreadful.

From a personal perspective - I find it unbelievable that Country music has such little representation in modern TV advertising.  A colleague of mine blamed it on music publishers who seek too high a price for their sync licenses.  Many agencies still relegate music licensing, in terms of budget and creative importance, to the proverbial back of the bus.  And supply of licensable music far outweighs demand, making it a buyers market.  Sellers beware.

We can see from this list that being a current act on a major label, or even major indie label, bears little correlation to the music agencies license for their clients.  My dear artist, music publishing, and label friends, take note.  Be flexible and make deals happen.  Be proactive.  Survive and thrive - don't be watching the oncoming light become the express train as retail shrinks and radio airplay tightens.  Music exists to be listened to - however people or corporations choose to consume it.  Use that to enhance your own revenue streams and profitability.

December 14, 2007

Indies Account for 38% of Country Music Top 100 Airplay Tracks for 2007

Taylor Swift.  Toby Keith.  Rascal Flatts.  Rodney Atkins.  Tracy Lawrence.  Tim McGraw.  Garth Brooks.  Trisha Yearwood.  Emerson Drive.  Jason Aldean.  Little Big Town.  Jack Ingram.

These are just a few of the artists who dominated Country radio in 2007.  Nielsen's year-end BDS chart for Country music airplay are out, and, by my count, independent labels (which does not mean these some of labels don't have distribution via major labels) account for 38% of the Top 100 Songs of the year.  That's got to be some kind of high-water mark in this era of major label consolidation.  Here's the label breakdown.  Here's the top artist breakdown.

I don't know if this is a tipping point for the rise to prominence of the indie label scene in Nashville, because a label's individual financial health and future is based on much more than radio airplay.  But it ought to be a signal that the major labels are not the only place to find talented, charismatic artists creating commercial art.

I don't have the countdown breakdown by music publisher, but so many indie publishers involved with country music are having incredible successes as well.

So are we in an era of de-consolidation?  Do artists, songwriters, and publishers feel encouraged?  Challenged?  Emboldened?  Insecure?  Please let me know your thoughts.

Take care.

November 25, 2007

The Bottom of the Pile

HITS magazine has been posting the manifestos of Terra Firma head Guy Hands re: the company's recent purchase and now management of recorded music giant EMI.  I liked this one in particular (free registration required).

Among the ways Terra Firma states it will add value to EMI is listed this:

Exploiting assets Moving the prioritization of the exploitation of the catalog from the bottom of the pile to the top

I find that statement both laugh-out-loud funny and cry-out-loud tragic.  Funny, because that's what record companies and music publishing companies ought to be doing every day in the first place.  Tragic, because these labels can't maximize catalog exploitation until they are able to license each and every artist's catalog they own at will, and that is unlikely to ever happen.  Every artist contract is different, and those artists who retain artist consent clauses will be loathe to give up their rights just for the sake of the record company's financial health... but unless the record companies make the attempt to make licensing and exploitation a more seamless process, then the catalogs of the major cash cow artists those labels control will never be able to be maximized financially.

I applaud EMI for stating that a change needs to happen going forth in order for the company to maintain financial health... but why did it take until 2007 for one of the major labels to realize this new reality?

November 13, 2007

Moderating Panel Tomorrow Night in NYC

I'll be moderating a great panel tomorrow night in New York being presented by the Film Music Network on the use of music in corporate imaging and branding.

Check out the event and please pass the word on to any marketing people of musicians/composers you think might be interested in attending.

Thanks.  I'll let you all know how the event went later this week.

October 17, 2007

Will the Spice Girls Spice Up Victoria's Secret?

The biggest deal I was ever a part of