It’s a frightening and uncertain time in the music
business. No one knows how long the next “it”
band will be popular, which tech company will come out with
the newest portable music device or if the “major
label” as we know it will even make it to see 2008.
One thing however is quite certain: the industry is relying
on visual media more than ever. Whether it be the soundtrack
to a movie, an on screen appearance on a hit TV show, or
simply posting a music video on YouTube, artists and labels
alike are utilizing the medium to try and market themselves
better to make up for lost time as album sales plummet 4.9%
in the last year, according to Nielsen Soundscan.
The January 25th issue of Rolling Stone’s article
“Biz Goes Up in Flames”, by Evan Serpick, paints
a dismal picture of the industry’s past year, citing
the failure of expected blockbusters to hit the two million
album mark and the closing of Tower Records as some of the
causes of the lag in revenue.
The areas that did seem to have positive results were soundtracks,
especially of children’s programming, and of acts
originating on television. Two of the top ten albums of
2006 were the soundtracks from children’s movies.
As reported by Nielsen Soundscan, Hannah Montana sold two
million albums and came in at number eight on the chart,
while the monster we all know of as High School Musical
won the top spot over Rascal Flatts with 3.7 million albums
sold. Carrie Underwood, of American Idol fame, also did
quite well with her debut album which sold three million
copies, earning her the number three spot. Finalist Chris
Daughtry’s band Daughtry also succeeded, selling over
one million in the first month, according to Rolling Stone.
Not all successes came from children’s movies or reality
talent shows. TV shows and their soundtracks increasingly
play a greater role in getting the word about new music
out to the public. Shows targeting a teenage audience, such
as The OC and One Tree Hill began the trend by hosting artists
to perform “live” on the show or be included
in the soundtrack. Today, shows targeting an older audience
are also picking up on the trend. Greys Anatomy’s
soundtracks boast acts such as The Fray, Snow Patrol, Rilo
Kiley and KT Tunstall. According to a www.mi2n.com press
release, films are taking a greater role in promoting their
soundtracks as well, such as in the case of National Lampoon’s
Van Wilder: The Rise of Taj. Eleven Seven Music, the label
that released the soundtrack, 10th Street Entertainment,
the management company, MGM and the House of Blues kicked
off a 20 date tour with Everclear and Jonny Lives! on January
26th.
The film and music industries will clearly continue to become
interrelated in the future. Film Music Magazine announced
in January that it will be conducting the first ever survey
of satisfaction with the three performing rights organizations:
ASCAP, BMI, and SESAC, in an attempt to allow writers and
publishers to make more informed decisions when deciding
on an organization to use. Eventually they hope to be able
to make a recommendation as to which organization is the
best for film music writers to join.
The film, television and music industries will clearly only
continue to become more and more connected in the future.
Perhaps this is exactly what the music business needs to
get it back onto its feet.