Issue 19 Volume 1 May 2009

Page 2

BUSINESS VERSUS MUSIC

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As management thinker James Womack observes, there is very little that is new in business. Moreover, very few business people, even the most successful, have more than one idea. The challenge is rather to find something that works, then set up a system to keep doing it without gradually adding waste – applying “lean thinking” as he calls it.

Music, on the other hand, is not so simple. Some parts of music are highly repetitious. Playing classical music, especially of the traditional repertoire, belongs very much in that camp. Playing commercial music (especially covers) in live venues is typically about finding a form of repetition that provides the punters with what they expect.

Other types of music are much more about finding something new to say. Most forms of popular music, jazz and contemporary classical music highly prize originality. To the extent that they are pursuits of new forms of artistic expression, they are inevitably in opposition to business. Business is about repeating the same thing; art is generally about never repeating the same thing.

What do these differences mean? Mostly that there is an inevitable tension between the practice of business and the practice of the musical arts that needs to be understood if musicians are to successfully bridge both worlds. It is a failure to understand these differences that is one of the main reasons why musicians are so often vulnerable to unscrupulous business practices.

How often are musicians willing to accept the line from managers: “You are the artist so you look after the creativity, and I will look after the business?” Musicians usually find it easy to leave the repetitive, and often dull, requirements of business to someone else. Musicians also often find that having done so they are deprived of what is rightfully theirs.

The music business, at least in the recorded form, is undergoing the kind of challenge that only occasionally occurs in any industry. The customary way of doing business– recording music in the studio, tricking the musicians into giving up most or all of the intellectual property rights, engaging in expensive marketing, providing “incentives” to the radio and distribution outlets to make sure the product is pushed heavily at the market, then recouping outlays by getting large profit margins on the compact disc that are high enough to ensure that the many failures are outweighed by the occasional successes – is being fatally undermined by on-line piracy. It is hard for any business to compete with a free alternative.

The business challenge is to find a new way of doing something that can be repeated perpetually. Most of the record companies are finding this challenge beyond them, at least for now. If musicians start to take more of an interest in the business end of what they do, they will be doing so on a fairly level playing field. The old ways of doing business are dying and this presents an opportunity for musicians to step up and become more involved in the business side of the industry.


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Who’s hot in the cold?
Mixed news on the Musicals front in this chilly economy: “Quadrophenia”, the ancient rock opera penned by the Who’s Pete Townshend is getting a UK re-run as a stage musical while in NY, a new Sondheim revue has been cancelled due to an inability to get backers. Expect similar results from Oz producers.

Joe gets the Coldplay shoulder
Legendary guitarist Joe Satriani has sued band “Coldplay” in the US Federal Court claiming that substantial portions of their hit "Viva La Vida” were stolen from his work "If I Could Fly." This side-by-side comparison is interesting to say the least!!

Idolatry
The Idol carrot is being dangled in Oz again and a seemingly endless parade of aspirants for the Idol “journey” are lining up. Meanwhile, in the Los Angeles Supreme Court a suit has been lodged against the show’s producers claiming “sweatshop conditions”… Do tell!!!!

UK Music Industry Spins Record
UK story quotes BPI (the trade-industry voice of UK record companies) claiming that 2008 UK sales figures “exceeded market expectations”. Despite BPI’s bullish tone, closer examination of numbers reveals a drop in physical album sales of around 8 mill, this is only offset by digital album growth of 4 mill. Given that digital unit mark up is only a fraction of physical sales, this looks like a bloodbath! Singles were up but again: “driven mostly by download sales”. Talk about low expectations. Check story at:
http://www.variety.com/article/VR1117998093.html

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