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Information
- Category:
- Music - General
- Description:
- The old models of the making money in the music business are going away. The new models are still being defined.
Dozens of music discovery and taste maker sites/technology need financial support from musicians who succeeded through the old models over the past 50 years to help music fans discover new music so that musicians can make a living over the next 50 years.
It's not too late to build a better music ecosystem! - Privacy Type:
- Open: All content is public.
Admins
- Dan
- Charles (creator)
Events
4 past eventsSee All
- Music 2.0 Meet-up and group co...
Church
Tuesday, January 12 at 5:30pm - Music 2.0 Meetup and Group Con...
Bella Luna Restaurant, Jamaica Plai...
Tuesday, November 10 at 6:00pm - Music 2.0 Meetup and Group Con...
P.A.'s Lounge
Tuesday, October 20 at 6:00pm - Music 2.0 Meetup and Mingle
Middle East Restaurant & Nightclub...
Tuesday, September 22 at 6:00pm
Basic Info
- Name:
- Musicians for Music 2.0
- Category:
- Music - General
- Description:
- The old models of the making money in the music business are going away. The new models are still being defined.
Dozens of music discovery and taste maker sites/technology need financial support from musicians who succeeded through the old models over the past 50 years to help music fans discover new music so that musicians can make a living over the next 50 years.
It's not too late to build a better music ecosystem! - Privacy Type:
- Open: All content is public.
Contact Info
- Email:
- charlie@wellroundedradio.net
- Website:
- http://www.musiciansformusic2.com
http://www.wellroundedradio.net - Office:
- Charles McEnerney
- Location:
- Boston, MA, 02130
Recent News
- News:
- THE CHALLENGES
1) The music industry has changed because of the internet. The days of music artists requiring record labels, magazines, radio stations, or MTV to become well-known are fading.
2) There are new models evolving and musicians are finding new ways to make a living, whether through fan-financed projects, donors, merchandise sales, sponsorships, or other innovative approaches. While this is empowering for musicians, it's also overwhelming for them and music fans who want to discover new music.
3) With all these digital changes, the distribution power is shifting from record labels and record stores to online channels like http://www.apple.com/itunes , http://www.amazon.com , http://www.myspace.com , etc. But these are big, corporate entities, too. How much can really be different about who decides who should get attention? Does this defeat the purpose of having a new distribution channel in the internet? What does it mean for independent artists now and in the future and how we, as music fans, will discover new music?
4) As mainstream media outlets struggle with incoming advertising revenue, independent media outlets have sprung up, like music recommendation engines, podcasts, mp3 blogs, bloggers, iphone apps, email alerts, etc.
5) In general, most venture capital firms are interested in funding music-related projects that will increase in value so they can sell them and make a profit. (As Brad Powell of Calabash Music and Microfundo recently said to me, if these three well-entrenched guys can't get VC support, how will we? http://bit.ly/e61R4). While discovery methods like http://www.pandora.com and http://www.last.fm have funding or corporate support, there are far more ventures that operate below the requirements of venture capital firms because they don't yet have a large user base.
6) There is a growing gap between how musicians used to make a living (either wildly successful or just middle class) and how they are now relying on to make money, through live appearances, merch, licensing, mp3, etc., but ultimately we, as music fans, need to discover them before we can ever spend money with them and keep them going.
7) Instead of a few online corporations becoming the new record labels, wouldn't the future be better for musicians and music fans if a wide variety of tools and technologies were available?
THE SOLUTION
1) Given the nature of the internet and technology, there are, and will continue to be, hundreds of new tools and technologies for music lovers to discover new music, but these sites and technologies need time to grow their audiences until they can be sustained by advertising, subscriptions, sponsorships, grants, merchandise sales, or whatever ways they can monetize their ideas, just as Pandora has done.
2) Like the start of an entirely new business economy, these developing channels need an initial source of funding that can help bloggers, podcasters, and developers of new technologies turn their part-time passions into full-time jobs. This will be a positive step toward altering the music "business" for independent musicians by sending music fans directly to the musicians themselves where they can sell music or merchandise. With changes like this, there is a chance there can be middle-class musicians, instead of just the mega-rich and "starving artists."
3) Instead of leaving it all to chance and having great ideas die on the vine, we, as music lovers, need the help of a handful of “guardian angel” musicians who were successful thanks to the old model and whose generous and philanthropic financial support of $100,000 each will help dozens of music start-ups develop new platforms, new models, and new technologies for the benefit of generations of music lovers to discover great music for the next 50 years. Take a look at a short list of musicians we have come up with that we think would be generous with such a cause...and add your own suggestions: http://www.facebook.com/topic.php?uid=235507305161&topic=10096
4) As lifelong music lovers who have helped make many musicians financially secure, we turn to them to contribute to foster new kinds of innovation.
5) Interested sites will apply for grants along with their business plans on a six-month cycle. The fund will be managed by a committee of forward-thinking music and technology professionals to determine which technologies/sites would receive support.
6) With a low-overhead and distributed work force, these grants or seed monies will help each operation maximize every dollar spent until the companies can become profitable.
7) There will also be a revenue stream from a music-centric advertising network, with display ads running on participating sites, running ads from both music and lifestyle advertisers.
8) The sites/technologies will also receive strategic instruction in the form of an incubator (such as those available for technology start-ups, to flesh out ideas, provide business strategy, etc.) to provide guidance on long-term goals.
9) Musicians for Music 2.0 will select a new set of companies to provide funding to every six months, with philanthropic support coming from a new set of generous, successful musicians, so that the burden is shared.
10) Companies that receive funding and go on to financial stability will also pay back into the fund so that other music-related companies can receive funding.
Just like the 78, the 45, and the 33 1/3 record formats or radio, magazines, and newspapers, these things take time to develop and grow. These new media outlets will take time to thrive, too.
These are sites and technologies like
- http://www.6tunes.com
- http://8tracks.com
- http://www.accidenthash.com
- http://www.advamobile.com
- http://www.amiestreet.com
- http://www.aquariumdrunkard.com
- http://aupeo.com
- http://www.bandbox.com
- http://bandcamp.com
- http://www.bandinbostonpodcast.com
- http://www.bandsintown.com
- http://www.bandmetrics.com
- http://www.bandstocks.com
- http://www.berkleemusic.com
- http://www.bitcandy.com
- http://blip.fm
- http://www.blogotheque.net
- http://www.bostonbandcrush.com
- http://www.bradleysalmanac.com
- http://www.brooklynvegan.com
- http://www.buzzgrinder.com
- http://cacophonous.org
- http://www.calabashmusic.com
- http://www.catbirdseat.org
- http://www.chordstrike.com
- http://www.chromewaves.net
- http://citysounds.fm
- http://www.counterstreamradio.com
- http://www.daytrotter.com
- http://decibelblog.com
- http://www.deezer.com/en/
- http://destination-out.com
- http://www.discobelle.net
- http://www.donewaiting.com
- http://www.dustedmagazine.com
- http://dysonsound.com
- http://www.eachnotesecure.com
- http://earfarm.blogspot.com
- http://the.echonest.com
- http://www.elfm.co.uk
- http://elbo.ws
- http://eventful.com
- http://evolvor.com
- http://www.exploitboston.com
- http://www.feedthemuse.net
- http://www.finetune.com
- http://fizy.com
- http://www.fluxblog.org
- http://www.Flybymusic.com
- http://www.flyfi.com
- http://www.FolkCast.co.uk
- http://www.fuelfriendsblog.com
- http://www.gigzee.com
- http://www.gnoosic.com
- http://gorillavsbear.blogspot.com
- http://grindingtapes.org
- http://groovemine.com
- http://www.grooveshark.com
- http://www.guzuu.com
- http://www.thehectorfund.com
- http://hypem.com
- http://idolator.com
- http://iguessimfloating.blogspot.com
- http://www.imeem.com
- http://www.indie-music-store.ch
- http://www.jamendo.com/en
- http://www.jamwee.com
- http://www.jango.com/
- http://www.jiwa.fm
- http://www.jogli.com
- http://justhearit.com
- http://www.lala.com
- http://blog.largeheartedboy.com
- http://www.laundromatinee.com
- http://www.likezebra.com
- http://www.listen.com
- http://livingsocial.com
- http://loudcaster.com
- http://loudcity.com
- http://www.loudfeed.com
- http://www.marathonpacks.com
- http://www.mediaunbound.com
- http://www.meemix.com/app
- http://www.metacritic.com
- http://www.microfundo.com
- http://mixtube.org
- http://www.mog.com
- http://moistworks.com
- http://www.mondomix.com
- http://www.moteldemoka.com
- http://www.mp3powersearch.com
- http://www.mp3searchmusic.com
- http://www.muckwork.com
- http://www.mufin.com
- http://www.themusicfile.com
- http://music.for-robots.com
- http://musicfog.com
- http://musicmesh.net
- http://musicovery.com
- http://musicslut.blogspot.com
- http://musicyouneedtohear.blogspot.com
- http://www.muziic.com
- http://www.muzzleofbees.com
- http://myoldkyhome.blogspot.com
- http://www.newmusicbox.org
- http://www.newswiretool.com
- http://www.thenewworck.blogspot.com
- http://www.nimbit.com
- https://www.noisetrade.com
- http://nothingbutgreenlights.net
- http://www.nutsie.com
- http://www.omgvinyl.com
- http://www.plugo.la
- http://occasi.com
- http://opticalatlas.com
- http://www.ourstage.com
- http://palcomp3.com.br
- http://www.pampelmoose.com
- http://www.pitchfork.com
- http://www.playlist.com
- http://www.popmatters.com
- http://www.prefixmag.com
- http://www.productshopnyc.com/htdocs
- http://www.radiobeta.com
- http://www.rawkblog.net
- http://www.reverbnation.com
- http://www.rhapsody.com
- http://ryanssmashinglife.blogspot.com
- http://www.saidthegramophone.com
- http://www.selective-service.net
- http://www.slicethepie.com
- http://www.shazam.com
- http://www.signalpatterns.com/music_survey
- http://www.sixeyes.blogspot.com
- http://www.skatterbrain.org
- http://www.slacker.com
- http://www.soma.fm
- http://somuchsilence.com
- http://songza.fm
- http://www.soundcloud.com
- http://soundroots.org
- http://www.spinner.com
- http://www.spotify.com
- http://www.streampad.com
- http://stereogum.com
- http://www.stumbleaudio.com
- http://superglued.com
- http://www.thesixtyone.com
- http://www.tinymixtapes.com
- http://www.toolshed.com
- http://www.topspin.com
- http://www.trrill.com
- http://uplaya.com
- http://virb.com
- http://weathervanemusic.org
- http://wearehunted.com
- http://wearepanel.com
- http://www.wolfgangsvault.com
- http://worldlydisorientation.blogs.com
- http://www.youaintnopicasso.com
(add a site/idea/service that you'd like to see added below in the discussion boards)
evolving media outlets like:
- http://www.altpress.com
- http://www.jazztimes.com
- http://www.magnetmagazine.com
- http://www.mojo4music.com
- http://www.nodepression.com
- http://www.pastemagazine.com
- http://www.uncut.co.uk
and projects like those near and dear to our own hearts!
- http://www.musoswire.com
- http://www.newmusicalorder.org
- http://www.rockindaily.com
- http://www.wellroundedradio.net
A big kudos to Peter Gabriel, who is already doing his part with The Filter to help change things for the better: http://thefilter.com/AboutUs/
The other people to honor here is Bill Gates and George Lucas, who could have easily taken their billions and done nothing useful with it, but instead he put his money into projects that he felt would help change things for the better: http://www.gatesfoundation.org + http://www.edutopia.org
HOW YOU CAN HELP
1) Join the Musicians for Music 2.0 group here on Facebook
2) Tell a friend who loves music about it: http://bit.ly/m4m2f
3) Help us demonstrate that this is an idea that music fans want and need to see happen soon
4) Tell us your ideas about how to make this idea better!
OUR NEXT STEPS
1) We'll use the growing population of this Facebook group to demonstrate to successful musicians that we need their help to improve things for music fans and musicians in the future.
2) We'll ask for seed money to help formally establish this idea (as a foundation, an incubator, or ?) and begin seeking additional donations from generous and conscientious musicians.
3) Through your selections and the help of a small group of smart and forward-thinking technology and music professionals, we'll put this money into the hands of entrepreneurs who can make immediate action with their products or programming.