Sex, drugs and rock ‘n’ roll? Not anymore

Posted by Martin Koser on 29. May 2005; This entry is filed under Business Models et al., English posts, Innovation et al., Media Industry.
Tags: , , ,

Music business sure has changed, no surprise here, note this article on MSNBC:

Sex, drugs and rock ‘n’ roll? Not anymore. Guitar, drums and a business plan are now ingredients for success

and this

Experts say changes in the industry are requiring artists to be even more mindful of ways to market themselves, and their music, to the public. […] with cheaper recording equipment thanks to computer technology, more bands are competing for fans’ attention and dollars.

The article cites Widespread Panic as example for this new style …

the group is a $14 million-a-year corporation with profit-sharing, a pension plan and health care benefits for its employees.

read more at MSNBC

  1. Peter Cook February 1st, 2008 at 16:08

    The market place is so overloaded with product that musicians must realise that marketing is more important in some respects than the music. A hard fact perhaps but true all the same.

    You might like to have a look at my book on business leadership, aptly titled ‘Sex, Leadership and Rock’n’Roll’ and available on Amazon etc.

    Peter Cook

  2. Martin Koser February 2nd, 2008 at 10:56

    Whoa, Peter, commenting on this old article of mine?

    But you’re welcome, your book seems to be worth the pitch, if it inspires people to think more creatively about leadership, teams and organizations that’s a good thing.

  3. Peter Cook February 13th, 2008 at 01:06

    Hi Martin,

    Just cos the article is old does not mean it’s not worthy!

    There’s a related discussion going on at Tom Peters’ website http://www.tompeters.com/cgi-bin/mt/mt-comments.cgi?entry_id=10249

    Very best

    Peter

    http://www.academy-of-rock.co.uk

  4. Martin Koser February 13th, 2008 at 08:22

    Peter, you’re right – this topic doesn’t seem to lose its relevance. I just discussed these issues at the BarCamp Jena with some guys deeply interested in music industry / creative industries as a whole and we all agreed that we ain’t seen nothin’ yet (especially in regard to business models for the long tail).

    Oh – and thank you for pointing me to this other discussion, I really enjoyed your Beatles / team processes example. Guess I need to read your book after all 😉

    Cheers,
    Martin _ frogpond