USHERING IN THE NEW MUSIC STRUCTURE - PART 1

But as the music business is coming to understand, the ancient model of the touring troubadour may turn out to be the 21st-century model for a working musician’s livelihood.

-By JON PARELES ---  A Full House for Bands and Fans at SXSW

This was quoted in a March 20th article posted in the NYT.

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Notes- Most artist will make money by either touring, merchandising, publishing, sponsorships or licensing. The CD sales will continue to go down and artist will break out by giving their music away for free and begging to play anywhere, that hungry dedication to 'just be heard'.

Will the Major Record Companies Die Out Around 2011?

Last week I read an article by TechCrunch predicting how they think music will be distributed in a few years. The insight was given by industry execs. While I think that some of it is true, I think it'll take another decade to get rid of the CD format. Being that its a physical product being sold, big companies will always be able to mass produce and sell it to the consumer. This will enable the big music company and maybe the artist to make some kind of money - 10 years down the line its possible that the Compact Disc will be obsolete but not any time soon. What do you think?



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