Last month I had the pleasure of traveling to Austin, TX and working with the fine folks there – brainstorming on the future of music and in particular, the future of the live music business.   Here is an updated version of my Global Music Business presentation that I gave at their incredible new City Hall.

 

Live Music” is what Austin is all about.  Austin actually has an official Division of the City of Austin dedicated to developing the music industry in town, effectively led by “music officers” Don Pitts and David Murry.  They are devoting significant resources to seeing that the city’s future along with the future of all the musicians who live and work there are aligned with successful practices in the overall music business.

Here is my picture of their official music office “squad car”.  All they need now is a flashing light like Steve McGarrett.  I’m gonna bring them one the next time I visit. “Pull over Ma’am, is that Emo we hear…?”

Austin Music Car

How cool is that?  Does your city have an official Music Division?

Great content attracts attention.

Our friends Amy Heidemann and Nick Noonan are Karmin and have found amazing lightning-fast popularity with this cover of Chris Brown ft. Lil Wayne, Busta Rhymes “Look At Me Now”.

2.9 million views on YouTube as of a few minutes ago, in less than 7 days. Wow. That’s some velocity.

Nod from Ryan Seacrest adds some juice: http://tinyurl.com/3hypspf

Then appearing on the Ellen DeGeneres Show today on ABC.

Similar strategy to Pomplamoose. http://tinyurl.com/4yk9nn2

Let’s see how this plays out and what they do with it. The Internet rewards quality with hyper efficient recognition. The Future of Music.

HERE IS AN UPDATE 5/20/11

14.5 Million Views and Counting

The duo have since performed on The Ellen DeGeneres Show and On Air with Ryan Seacrest, and taken the stage with hip-hop legends The Roots. “It was basically an explosion of awareness that happened for us,” Amy says. “We didn’t see it coming and didn’t really know how to handle it, but we did our best.

They are now being courted by the major labels and publishers. More to come…

Rethink Music Logo

Our dynamic industry continues to evolve at a rapid pace, and Rethink Music will give you access to critical thinkers looking to explore problems and find solutions for tomorrow’s music industry.

Presented by Berklee College of Music and MIDEM, in association with Harvard University’s Berkman Center for Internet & Society and Harvard Business School.

Rethink Music will examine the business and rights challenges facing the music industry in the digital era and will formulate solutions to promote the creation and distribution of new music and other creative works. The conference will bring music industry stakeholders together with legal, business and academic experts to discuss business models for the future. Rethink Music will also examine potential changes to existing government policy and legislation in order to help the creation and distribution of musical works.

“Berklee is focused on inspiring the creation of new musical and business ideas,” says Roger Brown, Berklee College of Music President. “Part of that equation needs to be innovative models of commerce and policy that work in the 21st century era of immediately available digital information. How we accomplish these goals will have much to do with the quality of innovation we inspire. Like Berklee, Rethink Music is designed to incubate ideas that lead to breakthroughs for supporting a music industry even more vibrant, astonishing and creative than last century’s.”

“We are particularly excited to help organize the conversation around legal and policy changes to promote the interests of music creators, fans, and other stakeholders” comments Terry Fisher, Faculty Director of the Berkman Center for Internet & Society. “Technological disruption often creates room for new business models, new ways to capture value,” says Felix Oberholzer-Gee, Professor at Harvard Business School. “The conference is an important opportunity to think about ways to harness the new creativity and build novel business models that put it on a sound financial footing.”

As part of Rethink Music, the conference will solicit white papers from educators, students and the public, dealing with the economic systems and business models for music copyright and copyright policy. Berklee College of Music will award $50,000 to the best business model, with the runner-up receiving a $5,000 prize. Simultaneously, the Berkman Center will manage a call for papers seeking policy proposals that recommend changes to existing U.S. law to help those who create and distribute music cope with the challenges facing the industry.

Program
Fostering art in a world of technology
Amanda Palmer
Ben Folds
Damian Kulash, OK Go
New Big Sound
RootMusic
Licensing
Global Registry Database
Microfunding
Access and “in the cloud”
Future of Music case studies
Conversation with Joe Kennedy, Pandora
Conversation with Metric and Matt Drouin
Artists and managers
The next generation record label
The current state of copyright law
Alternative compensation schemes
Live and in your face
The future of copyright law
DIY and ancillary revenue streams
Creating a middle class of artists
U2 Manager – Paul McGuinness
Conversation with Lyor Cohen, Warner Music
Business model competition
Songwriting and Publishing
Technology, data, and music
Concerts and more

Find out more about Rethink Music :

http://www.rethink-music.com

http://www.twitter.com/rethink_music

http://www.facebook.com/pages/Rethink-Music/171541336212505

On March 3rd 2011, Steve Vai and Berkleemusic teamed up to deliver the World’s Largest Online Guitar Lesson. We are still crunching the numbers to see exactly how many people were involved and working with the people from the Guinness World Records office to establish the new world record, but here is the lesson.  I also included a short “pre-lesson” courtesy of none other than Nigel Tufnel from Spinal Tap.  I hope you enjoy this example of the future of online music education and have some fun at the same time.

Help Steve Vai Make Guinness World Record™ History!

Steve Vai and Berkleemusic are attempting to set the Guinness World Record™ for the World’s Largest Online Guitar Lesson. Learn tips, techniques, and real-world skills from one of the most recognizable guitar players on the planet. Join Steve online on March 3rd to take part in this groundbreaking event!

March 3, 2011 at 1:30pm EST

For international viewers, Eastern Standard Time is GMT -5.
For example, 1:30 PM EST = 6:30 PM GMT.

FOR MORE INFO CLICK HERE  http://www.berkleemusic.com/vai-live

Andrea Leonelli from Digital Music Trends recorded a series of interviews with many of us from the Midem show.  You can listen to the interviews here or go to his site for lots more.  Thanks Andrea!

This Midem 2011 series includes:

Episode 71 – Midem 2011 Coverage Day 1 by digitalmusictrends

Meetup at Midem

Jan 18 2011

We are happy to be part of a great meetup this coming Sunday the 23rd with our good friends from Topspin, MobileRoadie, MXP4, Hypebot, Soundcloud, and Songkick. All MIDEM attendees (and music-tech fans who happen to be in Cannes at the time) are welcome to attend.   Come have a drink and join the conversation.

WHERE: The Station Tavern, 18 rue Jean Jaures 06400 Cannes
WHEN: 1/23 from 7:00 to 11:00pm (GMT)
RSVP: click here to view the Facebook Event (RSVP not required)


Here is some excerpts from an interview I did with Rick Goetz from musiciancoaching.com

“I think it’s critical that you have your own website and drive traffic to your own website in any way imaginable, and that you set up ways to do business transactions on your websites. That can be collecting names, cell phone numbers, Twitter follows, selling product, building dialogue, communication, selling tickets and merch. That’s essential.

At Music Power Network and Berkleemusic we teach a lot of people DIY basics. Get your act together, get a website together, have a business partner that is going to help you create a strategy and deal with promotion and distribution and touring and publishing and your finances and the business aspects of your career so you can focus as much time as possible on creating art and getting better and practicing and becoming a better artist. I think that’s essential. Lots and lots of people I’ve seen – musicians, artists – have thought, “I’ll get online and Facebook and YouTube and get a bunch of friends and spend all my time blogging and tweeting.” But if they’re not working on your music, most of the time that other stuff doesn’t matter at all. If you’re not really great, nobody is really going to care.

It’s such a fine balance to strike between perfecting your art and being unique and different and having something to say and getting the word out. That’s the conundrum. We often counsel people that you have to have a business partner. At Berkleemusic we teach entrepreneurship, artist management, how to start your own business, how to run a business, how to market direct and use social media to market, what copyright law is all about, what contracts are all about, how to tour, how to make money, the realities of the different levels of touring and how you can get paid and use that to be a driver of your career.

It’s a huge ambition that we have here at Berklee to try and help create a healthy music industry going forward. If there isn’t a healthy music industry, none of us have jobs, none of our students have jobs and the whole thing goes down the toilet. We have to help people be free thinkers, entrepreneurs, to break the rules.

When we started the berkleemusic online school ten years ago there was no iPod, YouTube, Myspace, Facebook or Apple iTunes store. That all happened in the last ten years. So if you think about what’s going to happen in the next ten years, it’s going to be completely different and almost impossible to predict what’s going to happen. People that want to be in the industry have to be willing to accept that it’s going to constantly change for the foreseeable future. There is nothing you can be sure of, and the things that work today probably are not going to work tomorrow.

God willing, some kid is going to create the next big thing in music like Sean Fanning did with Napster or a new format or a new kind of virtual experience that is as good as a concert. Something like that is going to happen, and who knows what it is going to be?  It’s hard to predict.”

Read the whole interview here. Thanks Rick!

Music Business Handbook

It’s a new era for the music business. The music industry is rapidly changing, the traditional gatekeepers are evolving (or disappearing), and new distribution outlets, marketing techniques, and business models are popping up all the time. For those that are educated on these changes, there is more opportunity in the “new” music business than ever. Get The Handbook Now!

Berkleemusic’s Music Business Handbook collects some of the essential knowledge from our instructors in one easy-to-navigate guide. The music industry of the future will be driven by educated, focused, entrepreneurship-minded individuals, and this handbook will prove to be a starting point in your lifelong music business education.

Topics Include:

  • Past, Present, and Future of Music
  • Direct-to-Fan Marketing
  • Music Publishing
  • Music Licensing
  • Challenges of the Music Industry
  • Music Royalties

punkbaby

You want to be a renegade. Take a great idea and run with it, before everyone can ask what you are doing, and then explain it all later.  This is a much better operating mode than asking for permission.  Far more can be accomplished in a shorter period of time, and often with unexpected and wonderful results.

In 2001 we brought our online music school at Berkleemusic to market and began a transformation in how music is taught and who could participate in both the teaching and learning experience.  At the same time we developed Berkleeshares as a platform to freely distribute music lessons around the globe.  Now some 8 years later, many millions of free music lessons have been downloaded from Berkleeshares and tens of thousands of students from around the world have studied music with Berklee from afar.  Our online lessons are in use in hundreds of schools around the planet likely influencing hundreds of thousands of music students.

Our YouTube channel has become one of the most visited educational channels on YouTube, fueled by music and passion and people who chase the dream of becoming a musician.

I came across this article in Fast Company on the EduPunks, and how they are transforming higher education.  It made me realize that we have already taken the first step in remaking the music business from the inside out, as we train the next generation of digitally savvy musicians, songwriters, producers and music business people.

“The transformation of education may happen faster than we realize. However futuristic it may seem, what we’re living through is an echo of the university’s earliest history. Universitas doesn’t mean campus, or class, or a particular body of knowledge; it means the guild, the group of people united in scholarship. The university as we know it was born around AD 1100, when communities formed in Bologna, Italy; Oxford, England; and Paris around a scarce, precious information technology: the handwritten book. Illuminated manuscripts of the period show a professor at a podium lecturing from a revered volume while rows of students sit with paper and quill — the same basic format that most classes take 1,000 years later.”

The scarcity that has propelled the music business for the past 70 years or so is not unlike the scarcity that has propelled the education business.   Schools have a lot to learn from the music business and they better pay attention.  When most of the value of an experience can be reduced to ones and zeroes, the entire bottom can fall out of the business, faster than you can even imagine.  This is what is starting to happen to education.

“Colleges have become outrageously expensive, yet there remains a general refusal to acknowledge the implications of new technologies,” says Jim Groom, an “instructional technologist” at Virginia’s University of Mary Washington and a prominent voice in the blogosphere for blowing up college as we know it. Groom, a chain-smoker with an ever-present five days’ growth of beard, coined the term “edupunk” to describe the growing movement toward high-tech do-it-yourself education. “Edupunk,” he tells me in the opening notes of his first email, “is about the utter irresponsibility and lethargy of educational institutions and the means by which they are financially cannibalizing their own mission.”

The edupunks are on the march. From VC-funded startups to the ivied walls of Harvard, new experiments and business models are springing up from entrepreneurs, professors, and students alike. Want a class that’s structured like a role-playing game? An accredited bachelor’s degree for a few thousand dollars? A free, peer-to-peer Wiki university? These all exist today, the overture to a complete educational remix.

The architects of education 2.0 predict that traditional universities that cling to the string-quartet model will find themselves on the wrong side of history, alongside newspaper chains and record stores. “If universities can’t find the will to innovate and adapt to changes in the world around them,” professor David Wiley of Brigham Young University has written, “universities will be irrelevant by 2020.”

Well – for me this means that we better keep peddling hard at Berkleemusic, and continue to experiment with new technologies and modes of teaching and learning so that we don’t end up without any real business, like the situation that the major record companies are in today.  Expect to see new products and services from Berkleemusic in the coming months and years that align with the changing digital marketplace.  Afterall, if we are not willing to change with the times and improve what we do at Berklee, how can we expect our students to do the same thing?

Read more on the Edupunks here at FastCompany. The comments at the end of the article are fascinating.