Conventions & Awards

Overheard At FMC Policy Summit #fmc10 (Part 2)

image from cdn.pitchfork.com As you may know, The Future of Music Coalition Policy Summit is taking place right now. As you may not know, they have a live webcast running that you should check out. In the meantime, here's some of the highlights of the quotes that have been floating around Twitter this afternoon and AM.

  • gregkot: Sign of Apocalypse? Bertis Downs, R.E.M. mgr, says band's music will be showcased on "Glee." #FMC10
  • slwEvent: Technology is disruptive, but you need it to have progress.
  • DavidDufresne: John Strohm is right: Labels are filters and help fans know where to pay attention. Attaching an artist's brand to a label's brand.

Read A Few More After The Jump:

  • marcuskdowling RT @mynameisrene: #fmc10 An artist's well thought out goals will help determine which new tools and which strategies to use. Focus on goals.
  • driver49 Face it, kids, simple economics, supply and demand: if the supply is infinite, the unit price is headed for zero. #fmc10
  • PhilBeaudoin RT @DavidDufresne: Industry: stop worrying about mp3s people have on their iPods, and start caring about the few tracks they actually enjoy #FMC10
  • ckapadia RT @bypuck #FMC10 soundscan measures a musician's popularity like SAT scores measure intelligence-Amy Blackmam @ozomatli
  • TGRIOnline RT @LunchBoxTheory: " I think there is room for artists to fail commercially" – Genius #fmc10
  • alvinalderete RT @TheTechTease: 95 percent of content downloaded is illegal content – Victoria Espinel, US Intellectual Property Enforcement Coordinator #FMC10
  • MattSummers Not surprising RT @zackolantern Over half of Pandora's users are accessing the service on a mobile device #FMC10
  • copycense Pierson: More income buckets today [in music industry], but smaller buckets. #FMC10 /via @slwEvent

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2 Comments

  1. I Think we need to have a panel of consumers as opposed to current music industry talkin heads. They may draw a crowd but they don’t understand this new business of music.
    Where is Gerd Leonard when you need him??

  2. >DavidDufresne: John Strohm is right: Labels are filters and help fans know where to pay attention. Attaching an artist’s >brand to a label’s brand.
    For me as a music lover, the musicians and producers themselves have always been the filters that helped me what to look for and where to pay attention. I’ve got quite a few favourite studio musicians and producers whose career I have followed closely, which was largely helped by the free availability of album credits online. Sadly, with promo copies now being digital only, sites such as allmusic.com do not seem to get as many information on album credits from the labels to present on their sites anymore as they used to when they got a promo CD with liner notes – and internet search engines who always list the most popular results first, just are no suitable means of finding a new release that nobody knows about yet. Sadly, the major labels have not realized what big an asset they have in the studio musician scene as so-called musicians’ musicians have always acted as filters for music lovers on what to look for. Instead they have always lamented about the low album sales figures of these artists compared to the blockbusters from the celebrity crowd – and in turn have largely abandoned them by now, forcing them to join indie labels (the increasing market share of which they have to face now) or forcing them to go DIY, which certainly has decreased the number of new albums they have released since going DIY. Instead, the majors have used their business sense to focus on hit acts whose recordings are way more likely to be available for free – and the label’s income has come down considerably. Hence
    >copycense Pierson: More income buckets today [in music industry], but smaller buckets. #FMC10 /via @slwEvent
    >PhilBeaudoin RT @DavidDufresne: Industry: stop worrying about mp3s people have on their iPods, and start caring about the few tracks they actually enjoy #FMC10
    Exactly.

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