I participated in a fun panel last Wednesday entitled “Music Power Shift: Artist, Label, Technology, Management” at LOWES Santa Monica for Digital Hollywood 2009.
Digital music panels are no longer the hot and heated arguments between old and new that they used to be! Everyone seems to get along and agree on most of the issues.
I elaborated on three main points throughout the panel and I think most panelist agreed with these main concepts
They key to 360 rights holders is connecting them effectively. From a fans perspective, all of an Artists projects are connected. You need the best team in each area, and if they can all be on one team, you can generate real results. Data collected from a download of the new single, is used to make touring decisions, and update merch lines. Art from a new shirt in the web store keeps the fans active, and bridges gaps between songs. When they all work together, behind an artist’s vision, the sum is much greater than each piece and it ends a great fan experience. 360 is not just about getting more rights, it’s about the ability to connect them together effectively.
Make the right decisions, then give them chance to work. Allow new ecosystems need time to develop. Direct to fan campaigns that rely on commerce generate maximum results after the’ve been optimized, and correctly run for a few project cycles. Invest in the time of running things correctly to truly reach your potential. Trent Rezonr’s direct to fan approach and success didn’t happen overnight or begin with that one piece of product everyone wrote about!
My closing point was about Artists that are learning to create art 2.0 – this is when a musical artist makes great music and inherently knows how to tell their story, and vision in a multi media art/message – across you tube, iphone aps, twitter etc. When the vision is there, these 2.0 tools and networks become more than communication channels, more than new ways to sell direct. They combine and connect to form true extensions of the music experience. The Artists who truly understand this will drive the exponential evolution of music into completely new forms!
Thanks to the other great panelists!
Christopher Allen, COO, Napster
Michael Spiegelman, Head of Music, Yahoo!
Phil Sandhaus, MemBrain LLC
Jeremy Welt, SVP New Media, Warner Bros Records
Sam Wick, SVP of Monetization and Strategy, MySpace Music
Gary Brotman, Sr. Director, Marketing & Artist Services, Topspin
Kelli Richards, President, The All Access Group,