Comments on: Income Streams for Musicians http://digitalcowboys.com/2010/01/18/income-streams-for-musicians/ Business Development | Marketing | Consulting Services Fri, 25 May 2012 13:16:51 +0000 hourly 1 http://wordpress.com/ By: Theo Smith Music » Blog Archiv » The Music Industries: today’s industry http://digitalcowboys.com/2010/01/18/income-streams-for-musicians/#comment-908 Mon, 11 Oct 2010 19:24:34 +0000 http://www.futureofmusicbook.com/?p=683#comment-908 [...] The recording industry has seen a change in economic structure from Oligopolistic competition (The 4 big labels) into monopolistic competition, where there are many, much more equal, lower turnover recording labels, studios and artists. This means that the barriers to entry (that elusive record deal we all used to strive for) are lowered and the audience (consumer) decides based on exposure. The music industry is an exception to typical economic structures as there are no substitute goods – if you like one band and another band that you don’t like is cheaper to buy, you will not buy the lower priced band instead. We have seen that audiences instead find cheaper ways of attaining the same product such as the well publicised Napster or more recently Pirate Bay. It is the development of the artist’s fan base that is key in creating any income stream and the consideration of the economics of abundance – use the .mp3s and illegal downloads purely as a marketing sunk cost in the development of a fanbase in order that brand recognition can focus your audience on scarce resources you can then charge for: live events, merch, publishing, etc. More about income streams for artists can be found at Dave Kusek’s Income Streams for Musicians. [...]

]]> By: Anders Larson http://digitalcowboys.com/2010/01/18/income-streams-for-musicians/#comment-907 Wed, 18 Aug 2010 19:04:46 +0000 http://www.futureofmusicbook.com/?p=683#comment-907 And if you have your own website, I would add affiliate marketing to the list of income streams!

Nice article, thanks

]]> By: Income Streams for Musicians « Music Business Heretic http://digitalcowboys.com/2010/01/18/income-streams-for-musicians/#comment-906 Sat, 27 Feb 2010 16:29:58 +0000 http://www.futureofmusicbook.com/?p=683#comment-906 [...] http://www.futureofmusicbook.com/2010/01/income-streams-for-musicians/ [...]

]]> By: Income Streams for Musicians http://digitalcowboys.com/2010/01/18/income-streams-for-musicians/#comment-905 Tue, 19 Jan 2010 13:34:54 +0000 http://www.futureofmusicbook.com/?p=683#comment-905 [...] VIEW ARTICLE SOURCE [...]

]]> By: I Am Mo Better » Blog Archive » Income Streams for Recording Artists http://digitalcowboys.com/2010/01/18/income-streams-for-musicians/#comment-904 Mon, 18 Jan 2010 16:56:29 +0000 http://www.futureofmusicbook.com/?p=683#comment-904 [...] Came across a great article in the Future Of Music blog that I just had to share with you all. Daily I get calls or visits from upcoming artists who [...]

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