Keeping Up With the Music
Business, One Byte at a Time - Part 1
by Storm Gloor
It’s quite a challenge
to keep up with the moving target that is the music business.
New business
models take shape or go bust relatively quickly. Laws and
practices are being challenged or reconsidered daily. But
staying up-to-date is essential to the success of anyone
studying or instructing in our programs these days. Fortunately,
there are more than enough sources for the latest industry
news. Still, who has time to keep up with it all anymore?
The music industry has not only seen its content and business
models migrate online, but traditional news media has experienced
a shift to the web as well. So it’s no surprise to
find an increasing amount of music and entertainment business
news, and the tools to manage it, in cyberspace. You probably
have your own favorite online destinations for music industry
updates, but what follows here and in the next eZine are
a few recommended sources, as well as some tips and tricks
to keep it all organized.
Music news, like virtually all information these days, is
simply a keyword-search away on the Internet. But why do
that? Actually hunting for news can be so last year to a
busy student or professional. Bring it to your inbox or home
page automatically by simply subscribing to the key music
biz e-mail blasts and feeds. Which providers you’ll
want to hear from, however, would depend on how much and
what type of information you want, as well as how often you
want to tackle your inbox. There are music news sources that
keep it simple and offer the most essential happenings of
the day, but there are also those that provide focused and/or
more extensive updates. So consider these suggestions your
menu, with choices ranging from basic appetizers to the full-course
offerings of music industry updates.
For starters, there is the daily e-mail blast from billboard.com,
the online version of Billboard magazine, the definitive
music industry resource. At the
website, simply click on the “Sign
Up for the Free Daily Newsletter” bullet
point under the section labeled “The Magazine” about halfway down
the right side of the home page. You’ll be offered two free newsletters,
one from billboard.com (more general, entertainment focused) and another from
billboard.biz (more business-related). You can subscribe to one or both at no
charge.
In terms of simplicity and general coverage, the Daily Chord, the Monday-Friday
music newsletter provided by the good folks who produce the South By Southwest
Music Conference, is a great source for the best of the day’s music news
from around the web. The daily e-mail provides the headlines of 6-8 key articles
gathered from well-respected sources, and a link to the Daily Chord page if you’re
interested in any of those articles, or any articles featured in the previous
seven days. Simply click on any headline on that new page and you’re taken
directly to the source. Signing up for the Daily Chord here is
yet another way to keep a finger on the pulse of the music industry.
But if you have the time or desire for a heavier dose of daily music and related
news there are several other recommended mailing list options. Some have a particular
focus. For example, the daily blasts from Digital Music News (www.digitalmusicnews.com,
sign up by selecting “join” in the upper right hand corner) and the
Digital Media Wire (www.digitalmediawire.com, click on “newsletter” in
the upper right-hand corner of the home page) obviously highlight technology-related
happenings. The former, however, is handy for providing a quick, one-or-two-paragraph
summary of key news items and some insightful commentary on major events. The
Digital Media Wire also includes articles related to video games, film, mobile,
and other entertainment media that are increasingly more related to the music
industry. Both of these daily news services include listings of employment opportunities,
making them especially beneficial to readers nearing graduation. Another technology-related
newsletter that provides headlines, a short synopsis, and direct links to full
articles, is known as “The Dean’s List”. Instructions for requests
to be added can be found by clicking through three pages, beginning at www.deankay.com.
However, a fair warning: there are quite a few articles with each daily delivery.
Even a quick skimming will take a while.
There are also great newsletters that aren’t necessarily daily editions.
The New Music Tipsheet includes
a weekly newsletter that is particularly handy for the music fan at heart, highlighting
the new releases
of the week, those a little further down the pipeline, and upcoming artist television
appearances. The one-page newsletter also provides a vast offering of hot links
to news and blog-postings throughout the net. If music publishing, licensing,
and related legal issues are of importance to you, The Royalty Report, a newsletter
sent out weekly as a PDF, is a handy source. While signing up at www.royaltyreport.com you’ll
also find a very informative website for all things publishing and licensing
(note: as of Oct. 08 the site is under reconstruction, to be reintroduced
in 2009). There are also newsletters with an even narrower focus. For instance,
Film Music Magazine,
is a must-read for anyone interested in film scoring and soundtracks.
Another quite useful music biz newsletter is recommended with a couple of warnings.
Subscribing to The Lefsetz
Letter means that you’ll be receiving, on no particular schedule, the musings
of Bob Lefsetz, whose take on the latest happenings in the industry provide plenty
of food for thought and debate. Plenty of biz insiders keep up with the Letter,
with good reason. However, fair warning: the language can get pretty salty sometimes
(in music retailing terms, think parental advisory sticker here), and updates
can be pretty lengthy. Though well-written and insightful, not all of the postings
relate directly to music. It’s quite informative, but I’d suggest
that you visit the site’s archive and read some previous writings before
signing up.
In the past few years blogging has been all the rage, and in terms of those related
to music there are plenty on the web. However, Coolfer and Hypebot are two of the more respected
music blogs that maintain a business focus. Both offer concise information and
thoughtful opinions
on industry happenings, as well as helpful tips for musicians and marketers.
On Coolfer’s home page, you’ll even find links to many other optional
blogs and news services. Another site that includes such links is The Daily
Swarm, a great collection of the latest music news, complete
with catchy graphics and easy-to-navigate links. The Daily Swarm is updated quite
regularly and very useful to anyone following the music business.
Again, there’s no need for anyone to actually surf those blogs and others
to stay informed, especially if you’re busy. As for those mentioned here,
you can sign up for newsletters and/or e-mail blasts from their homepages. However,
another way to subscribe to blogs is to utilize an RSS feed. Such a feed will
automatically send new posts and/or summaries to a homepage (Yahoo, Google, for
example) you designate, or a separate reader may be utilized. To set up an RSS,
look for a small orange icon with what appears to represent something like a
satellite receiver, then follow instructions.
So at this point you may be concerned about a more-than-steady diet of music
news that could quickly prove overwhelming. Subscribing to ALL of the aforementioned
sources could easily clog your inbox and prove difficult to work through. It
might be best to try them one at a time. In the next eZine, part two of this
article will review some widely available programs and applications that easily
and efficiently manage and organize all of the music business news, information,
and data you’ll now be receiving. Stay tuned.
Note: if you have any questions, or suggestions as to
other great music business news resources online,
feel free to e-mail me at storm.gloor@ucdenver.edu.
Storm Gloor is
Assistant Professor, Dept. of Music and Entertainment Industry
Studies, University of Colorado-Denver
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