Dave Kusek is Vice President at Berklee College of Music responsible for managing the online music school, Berkleemusic.com. Kusek was a co-developer of the revolutionary Musical Instrument Digital Interface (MIDI), co-inventor of the first electronic drums at Synare, and founder of Passport Designs, the first music software company. In 2005 he co-authored the book "The Future of Music: Manifesto for the Digital Music Revolution.
Kusek also runs a consulting business Digital Cowboys providing advice and services to Nokia, Pepsi, AOL, BMG, EMI, A&M Records, Boston Acoustics, Roland, Yamaha, Intel, IBM, Island Music, Nettwerk, Ovation Guitars and others.
Kusek has written for or been featured in Forbes, Billboard, New York Times, Wired, Boston Globe, Christian Science Monitor, Associated Press, MTV, CNBC and Financial Times. He is a frequent speaker at MacWorld, Comdex, NAMM, AES, IEBA and has appeared on NBC-TV, the Nightly Business Report, NPR, and the BBC.
Does selling records have anything to do with the music business anymore? What do you think?
115,000 new albums were released in the U.S. in 2008. Of those, only 110 sold more than 250,000 copies.
Only 1,500 titles cracked the 10,000 mark.
Read more from CNN here.
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The views expressed herein are those of the individual contributors and do not necessarily represent the views of Berklee College of Music.
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I learned of this statistic at the New Music Seminar in NYC this past summer…shocking, huh?
I talk about it on my blog as well…here’s a link to the post if you’re interested: http://bit.ly/2YoBPs
_chris
Thanks Chris.
[...] TTVK has sued a file sharer (aka a pirate!) for over 3,6 million euros. C-r-a-z-y. Meanwhile, Future of Music blog writes music business is less and less about selling records. So, where does that sum – 3600000 EUR [...]
This has been expected to happen for years now. People keep talking about , “Oh, the future of music, what will be next?” Here’s an idea. Nothing. Once you can get something for free, nobody in their right mind is going to purchase it. The only thing the industry has is touring. But, the labels have been sniffing that out, and are now trying to shove 360 deals down artists throats. The only way to get the industry back to it’s moneymaking ways, is all in the public’s hands. The consumer makes that choice. Download illegally, or buy. It’s now up to the consumer.
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