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Playback and payback series; (part 24) How the Indies are eating the majors’ lunch (III)
“You don’t need the major record companies,” said Barry Bergman, president of the Music Managers Forum U.S., “for anything but mass...
20somethingmedia
Feb 4, 20204 min read


Playback and payback series; (part 23) How the Indies are eating the majors’ lunch (II)
This also does not cover the other costs that might get written off against the artists’ royalties according to the contract while the...
20somethingmedia
Jan 28, 20203 min read


Playback and payback series; (part 22) How the Indies are eating the majors’ lunch (I)
Consider the infrastructure of a major record company, as laid out in earlier articles. On the profits from less than 7 percent of its...
20somethingmedia
Jan 21, 20203 min read


Playback and payback series; (part 21) 150 Records = 50 Percent of Revenue (continued)
Independent record companies, meanwhile, operate with far less overhead than the majors. The accepted independent average break-even...
20somethingmedia
Jan 14, 20204 min read


Playback and payback series; (part 20) 150 Records = 50 Percent of Revenue
Every now and again (in the recent past), Billboard columnist Ed Christman would sit down with his SoundScan figures and a calculator and...
20somethingmedia
Jan 7, 20203 min read


Playback and Payback series; (part 19) panic in the Suites – Napster, Grokster, the Last Kazaa (V)
By summer 2002, the RIAA had become desperate. It began to get aggressive not just with the companies putting out the P2P software, but...
20somethingmedia
Dec 17, 20197 min read


Playback and Payback series; (part 18) panic in the Suites – Napster, Grokster, the Last Kazaa (IV)
The record companies were in the middle of a period of marked decline, with a brief respite in 2004. They saw CD sales dip from a 1999...
20somethingmedia
Dec 10, 20195 min read


Playback and Payback series; (part 17) panic in the Suites – Napster, Grokster, the Last Kazaa (III)
The record business’s ostrichlike procrastination made possible a future in which music became a free good rather than a commodity, via a...
20somethingmedia
Dec 3, 20194 min read


Playback and Payback series; (part 16) panic in the Suites – Napster, Grokster, the Last Kazaa (II)
Even so, sound recordings would become far less expensive, because the physical packaging, warehousing, and real estate expenses would...
20somethingmedia
Nov 26, 20196 min read


Playback and payback series; (part 15) Panic in the Suites – Napster, Grokster and the Last Kazaa (I)
Strangely, the next great panic attack came as sort of a delayed reaction, though one that Weiss foresaw, in terms of the ability to...
20somethingmedia
Nov 19, 20193 min read


Playback and payback series; (part 14) Control issues: did home taping kill music (continued)
But what was it really scared of? More than anything else, it was lack of control. For the first time since one of Edison’s minions put a...
20somethingmedia
Nov 12, 20196 min read


Playback and payback series; (part 13) Control issues: did home taping kill music?
“It’s a great scam if you think about it,” wrote David Shamah, an economics reporter for the Jerusalem Post. “You bought, say, Goodbye...
20somethingmedia
Nov 5, 20192 min read


Playback and Payback; (part 12) charting the course (continued)
Continuing from last week’s article; author Hank Bordowitz further recounts: The era of compromise and deliberation over the chart...
20somethingmedia
Oct 29, 20195 min read


Playback and Payback series; (part 11) charting the course
In this article, we explore the experiences and perspectives of one music industry expert and author Hank Bordowitz on how changes in the...
20somethingmedia
Oct 22, 20193 min read


Playback and Payback series; (part 10) How many A&R guys does it take to screw in a lightbulb (continued)
What has changed over the years is the role of the A&R department. In the early days, they still went out and found talent, but, as the...
20somethingmedia
Oct 15, 20195 min read


Playback and Payback series; (part 9) How many A&R guys does it take to screw in a lightbulb
Q: How many A&R guys does it take to screw in a lightbulb? A: We can’t screw anymore – they cut off our balls! Vic Steffens and Mike...
20somethingmedia
Oct 8, 20193 min read


Playback and Payback series; (part 8) who does what to whom (IV)
In the meantime the marketing people prepare artwork and budgets for the displays at the base of each row of records, or “endcaps,”...
20somethingmedia
Oct 1, 20193 min read


Playback and Payback series; (part 7) who does what to whom (III)
Once everyone has signed off on the recording, the A&R department hands it off to the product manager and the production department. At...
20somethingmedia
Sep 24, 20192 min read


Playback and Payback series; (part 6) who does what to whom (II)
For the sake of this series, we’re going to assume our artist’s sales and story are convincing, else our Sherpa won’t have very much...
20somethingmedia
Sep 17, 20194 min read


Playback and Payback series; (part 5) Who does what to whom (I)
A brief tour of a fictitious record company WELCOME TO FUN with flowcharts. In this episode, we play Sherpa following a piece of music...
20somethingmedia
Sep 10, 20193 min read
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