Interview by Peter Tschmuck on ABC’s “The Music Show”: The Future of Music

Today on July 21st, national Australian radio station ABC broadcast a longer interview by Peter Tschmuck on the “Future of Music” in “The Music Show” presented by Andrew Ford. This episode will be repeated on Saturday and Sunday 9pm, Wednesday and Thursday 11pm (Australian eastern time).

http://www.abc.net.au/radionational/programs/musicshow/the-future-of-music/10018986

 

 

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Music Streaming Revisited – the Problem of Income Distribution

The Rethink Music initiative recently published a report on “Fair Music: Transparency and Money Flows in the Music Industry”. The report identifies barriers in the money flows to artist and states:”[O]nly a small proportion of the money beyond the initial recording advances ultimately makes its way to artists as ongoing revenue.” (Rethink Music, 2015: 3). Especially in the digitized recorded music business the revenue streams are often obscure and non-transparent. And if it comes to music streaming, artists are sceptical about the underlying business model. Based on the report’s finding, the revenue streams from music streaming and the structures behind the business are analysed.

Music Streaming Revisited – The Superstars’ Music Streaming Income

Some artists have unveiled their royalties’ statements highlighting that just a small proportion of their income comes from music streaming services (e.g. cellist Zoe Keating in February 2013). However, the question remains open if and how the superstars benefit from shift to the music streaming business? In the following analysis the top superstars’ income from recorded music sales, music streaming, publishing and touring is highlighted. The statistics are based on the Billboard Money Makers List 2015 for the 40 top earners of the US music business. See here for the methodology[1].

5th Vienna Music Business Research Days in Retrospective

The 5th Vienna Music Business Research Days were devoted to the question “How to Monetize Music in the Digital Age”? Academics and business professionals  answered this questions from different perspectives. The VMBR-Days 2014 were held in cooperation with the Waves Vienna Music Festival & Conference and attracted an even larger international audience than in the years before. On Oct 3rd, a conference track day complemented the invited conference day on Oct 2nd for the first time. Academics from Austria, Australia, Brasil, Croatia, Germany, Hungary, the Netherlands, Norway, Spain, Sweden and United Kingdom presented recent findings of a wide range of music business research topics.

The Young Scholars’ Workshop gathered for the fourth time students and mentors/discussants from more than 10 countries to discuss the findings a papers derived from master and PhD theses (see also the webpage of the Young Scholars’ Workshop 2014).

For a detailed coverage of the whole conference– including most of the papers and presentation slides as well as the audio streams of all talks and discussions of Oct 2nd – please click here.