Archive for the ‘ Intellectual Property ’ Category

Top 5 Music Business 2.0 Blog Stories: 9/8/10

1.     PlacePunch launches location-based marketing platform for Foursquare, Facebook, and Twitter. http://tcrn.ch/aOaA2a

2.     Artist stalking in a social media age. http://bit.ly/cOpIqx

3.     Amazon buys music download site Amie Street. http://bit.ly/cpoiz1

4.     Google Instant coming natively to browsers “in the next few months”. http://tcrn.ch/aS1Boy

5.     MySpace beefs up the stream with full-screen videos. http://tcrn.ch/cd07fb

 

Posted via email from John Pisciotta’s posterous

Top 5 Music Business 2.0 Blog Stories: 9/7/10

1.     Longtime music businessman Dan Keen and his wife, Kimberly, have acquired Nashville based modeling and talent training center, Advantage Talent Development. http://bit.ly/bLzx9N

2.     Gift card marketplace Cardpool introduces Instant Redemption, attracts Super Angels. http://tcrn.ch/bi1kXf

3.     Apple’s just-launched Ping social network on iTunes hit 1 million users within 48 hours of opening on Wednesday, September 1st. http://bit.ly/baj0fO

4.     The new iPod Order: Click wheel dethroned, Touch screen crowned. http://tcrn.ch/bR8qWf

5.     Leaked video of IE9 in action shows minimalist user interface (UI). http://tcrn.ch/9g9EY0

Posted via email from John Pisciotta’s posterous

Are iTunes downloads actually “licenses” rather than “sales”? And why it matters.

I have been arguing this point for years as anyone taking one of my classes at Berklee can testify.  This past week, rapper Eminem and his former production company F.B.T Productions won a significant digital royalties lawsuit granting the artist and production company a 50% split of revenue from digital downloads and ringtones. Universal Music Group will be required to pay a higher share of royalties for downloaded music or on ringtone sales according to a recent ruling by a federal appeals court.

This is a potentially HUGE change from how the recorded music industry’s business model works.  This new ruling may now mean that digital copies of  music are digital “masters,” which command a much higher royalty share than single or album “sales” do.

When consumers purchase a download from iTunes, they are actually “licensing” the song for playback within certain boundaries. According to many label contracts, licenses are to be treated as splits, perhaps split 50/50 between artist and label. To date, that has not been the case as downloads via iTunes and other sites have been treated as “sales” of copies of the song, rather than a license of the “master recording”.  Eminem and company challenged that assumption.

The labels have been accounting as if a download was the same as the sale of a single, using the existing contract language to define the payments.

Posted via email from John Pisciotta’s posterous

Top 5 Music Business 2.0 Blog Stories: 9/3/10

1. Live On the Green, a free, outdoor concert series on Nashville’s Public Square, starts its second season on September 9th. http://bit.ly/aaTOpN


2. 2010 might be the first year YouTube finds a profit. http://bit.ly/amBpqM


3. The problem with Ping. http://tcrn.ch/dtWeK2

4. Among the more than 145 million users of Twitter, a growing number are accessing the microblogging service through mobile apps. http://bit.ly/bk8yTu

5. There’s a very attractive job going at Google, with the company looking for someone to head up its Music launch later this year. http://gizmo.do/cE6uXQ

Nashville Innovators Series Episode #2 Joe Kustelski, Co-Founder at Rockhouse Partners


What does Rockhouse Partners exactly?

We are a technology based entertainment agency. We work with entertainment properties and brands and help them connect with consumers around their business goals. We are digitally focused, so a lot of what we do involves the web, email, and mobile. We do a lot of working venue in our firm as well.”

Who are your customers?

“Our customers are entertainment properties and brands. We work with team Radio Shack, Churchill Downs Entertainment, the Tennessee State Fair, Nashville Predators, and any other team or entertainment property that are selling tickets and sponsorships.”

Speaking of the Tennessee State Fair, you guys are in charge this year. How will you make this upcoming fair different from the years past?

“We will be giving and providing much more attention to sponsor activation and delivering more value for both the fans and the brands that are sponsoring the event. We’re going to focus on 2 things: 1. Selling tickets 2. Selling sponsorships. This will give us the tools we need for further analysis.”

Can you tell us your methods for motivating fans to create better ticket sales (sporting events, concerts, etc.)?

“There’s an awareness element. All of us here have worked at Ticketmaster at some point. Ticketmaster has spent a fair amount of money on consumer research. We’re going to sell more tickets by: 1. Identifying the target audience 2. Identifying partners who have networked with music festivals, artists/bands, fans. We all have access to different networks of people who we can reach relatively cost-efficiently through digital means. That’s typically where we start. We also have traditional media layers through radio, print and television. It’s great to have those things, but it’s even better to understand what type of awareness you’re driving and which marketing channels are selling tickets.”

We’re entering a new online world of location-based marketing notification systems. What are your thoughts on Groupon and Facebook Places engaging brands and their companies with their fans? Does this help or hinder your company?

“The evidence is in the numbers. We are data focused and dollar driven people. If any of those channels or tools help us sell more tickets, we are all about it.”

What has changed in your space in the last 3-5 years?

“A lot of new tools and applications have allowed us to migrate online through email and mobile uses, so those are all good trends for our company. The question is ‘How do you turn the new tools and data/numbers into action and better results?’ That will still always be the challenge for agencies. You can only be as good as the numbers and graphs.”

Advantages/Disadvantages of working out of Nashville

“Well first of all, it’s relatively inexpensive. The cost of living is low. Southwest Airlines takes us pretty much wherever we want to go in a couple hours. We do travel a lot and Nashville is in a central location relative to where we do business (New York, Chicago). In terms of people, we’ve been fortunate to meet people who get what we do and want to work with us… knock on wood! As far as disadvantages, I don’t know. There probably are some but we want to focus on the upside. We don’t really think that way.”

What do you see on the horizon for Nashville?

“I think there’s a lot of exciting stuff going on right now. We’re all pretty excited about the new Entrepreneur Center and to get that up and running. The entertainment industry has a huge opportunity and that’s what we do, so we want to take on as much as possible. For marketing companies, I think there’s going to be in 5-10 years, tremendous opportunities. We’re thinking that much more agencies will be data driven and we are going to take that where it leads us.”

Ten Myths About Innovation

Most people think innovation is all about ideas, when in fact it is more about delivery, people, and process. Entrepreneurs looking to innovate need to understand the execution challenge if they expect their startup to carve out a profitable niche in the marketplace, and keep innovating to build and maintain a sustainable competitive advantage.

Everyone thinks they know how to make innovation happen, but I can’t find much real research on the subject. At the same time, myths about innovation are commonplace in business. Vijay Govindarajan and Chris Trimble, in their new book “The Other Side of Innovation: Solving the Execution Challenge” have done some real research on this subject over the past ten years.

Posted via email from John Pisciotta’s posterous

Top 5 Music Business 2.0 Blog Stories: 9/2/10

Top 5 Music Business 2.0 Blog Stories: 8/31/10

Top 5 Music Business 2.0 Blog Stories: 8/30/10

Top 5 Music Business 2.0 Blog Stories:

1. OpenFeint launches multiplayer gaming platform PlayTime. http://techcrunch.com/2010/09/01/openfeint-launches-multiplayer-gaming-platform-playtime/

2. As Facebook and Orkut duke it out in India, SMS GupShup hits 35 million users. http://techcrunch.com/2010/09/01/as-facebook-and-orkut-duke-it-out-in-india-sms-gupshup-hits-35-million-users/

3. PlacePop gives Facebook the dashboard it should have launched with. http://techcrunch.com/2010/09/01/placepop-gives-facebook-places-the-dashboard-it-should-have-launched-with/

4. Look out Groupon clones, here come the celebrities. http://eu.techcrunch.com/2010/09/01/look-out-groupon-clones-here-come-the-celebrities/

5. Preview: Apple’s Ping Music Social Network in action on iOS (Pictures). http://techcrunch.com/2010/09/01/ping-on-iphone/