Posts Tagged ‘David Bowie’

SETH GODIN’S POST

February 1, 2016

Writing without anything to say is hard. Even with all the information that came out of the Aspen Live Music Conference’s 20th Anniversary in December, I still haven’t had the drive to tell you. Then today one of my marketing heroes, Seth Godin wrote his blog below (thanks Seth)…using the music business to make his point, and even mentions one of our amazing guest speakers from Aspen, Scott Borchetta (thank you Scott)…so knew I had to share it with you. Just wished I had written it.

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Living with your frustum

David Bowie left behind an estate worth about $100 million.

And there were perhaps five hundred musicians of his generation who were at least as successful. From Brown to Dylan to Buffet to Ross, there were thirty years of big hit makers.

That’s the top of the pyramid. Lots of people tried to make it in the music business, and there were many thousands at the top, hitting a jackpot.

In geometry, a pyramid without a top is called a frustum. Just a base, no jackpot.

The music industry is now a classic example…

The bottom is wider than ever, because you don’t need a recording studio to make a record. And you don’t need a record store to sell one. More musicians making more music than ever before.

And the top is narrower than ever. Fewer hitmakers creating fewer long-term careers. Radio is less important, shelf space is less important, and so the demand for the next big hit from the next reliable hitmaker is diminished. Without Scott Borchetta or someone similar leading you to the few sinecures left, it’s almost certain that you’ll be without a jackpot.

A similar thing happened to the book business, of course. The big bookstores needed a Stephen King, a Jackie Collins and a Joyce Carol Oates, because they benefitted from having something both reliable and new to put on the shelf. Printing a lot of copies and using a lot of shelf space is a gamble, best to bet on the previous winners. The ebook world doesn’t care as much.

The long tail, easy entry, wide distribution model does this to many industries. It’s easier than ever to be a real estate broker or to run a tiny dog shelter–easier, but harder to get through the Dip.

While the winner-take-all natural monopolies get the headlines and the IPOs, it’s not surprising that many industries are frustrating frustums.

The frustration, though, doesn’t come from the lack of a top to the pyramid. It comes from acting as if the peak is the point of the entire exercise. For more on this, check out Derek Siver’s honest and generous book.

The good news is that it’s entirely possibly you don’t need the peak of the pyramid. The leverage that comes from digital tools means that it’s entirely possible to do just fine (and have a powerful, positive life) without being David Bowie. Once you know that this is it, perhaps this might be enough.

Enough to make a difference and enough to make a life.

The way music used to be. And is again.

 

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TOP 6 MUSIC EVENT PRODUCERS

March 20, 2012

Below are my picks for the top music “event” producers in the U.S. What do you think?

4 Fini/Kevin Lyman – Kevin and company have built multiple touring brands including WARPED, Country Throwdown and Mayhem by staying true to each events vision.  Not only are fans…well fans of their shows, so are the artist that play them. 

SuperflyBonnaroo (along w/ AC Entertainment and Red Light Management) put Superfly on the national stage and have since added Outside Lands (w/ Another Planet and Red Light) and new to Brooklyn this May, The Great Googa Mooga (“n amusement park of food and drink).  Each year, you can find something new and different at their events.  Walt Disney called this “plussing”, or making the experience better for no reason other than to surprise and delight the audience.  Do you “plus”?

C3Austin City Limits Festival (ACL) and Lollapalooza has three things in common, 1) they are great events, 2) no parking spots for 75,000 guests per day, and 3) are produced by the three C’s that have always put fans and bands first.  Charlie, Charlie and Charles are also familiar with “plussing” which keeps fans coming back year-after-year.  Being chosen to produce President Obama’s 2008 Inauguration ceremony speaks volumes of their experience and knowhow. 

GoldenvoiceCoachella is America’s Music Festival (at least Rock/Alternative).  It has been booked and produced for years with passion and love by Paul, Skip and their team… in a market (LA/Southern California) that is much harder to sell tickets in than you may think.  It is easy to say now that you knew Coachella would be successful, yet it lost money for the first three years (and probably wouldn’t be around today if it wasn’t for the vision of the AEG Live management team).  Now they have moved to 2-weekends and added a country festival on the same site, Stagecoach (doing well for years). 

Live Nation/Arthur Fogel, Gerry Barad & CoU2, The Rolling Stones, Bowie, Rush… nothing more to say. 

The Messina Group – Louis Messina and his team just keep hitting them out of the park…ball barks.  Kenny Chesney, Taylor Swift, George Strait, and they help-out the Goldenvoice team on Stagecoach in So Cal…those are all well produced shows. 

There are plenty more out there for sure (Jazz Fest, Telluride, High Sierra, Voodoo, moe. Down, country and folk festivals everywhere, etc).  These are my tops, what are yours?