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	<title>Tim Kastellemusic business models &#8211; Tim Kastelle</title>
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		<title>music business models</title>
		<link>https://timkastelle.org/blog/2009/07/music-business-models/</link>
		<comments>https://timkastelle.org/blog/2009/07/music-business-models/#comments</comments>
		<pubDate>Sat, 25 Jul 2009 09:07:16 +0000</pubDate>
		<dc:creator>Tim Kastelle</dc:creator>
				<category><![CDATA[business models]]></category>
		<category><![CDATA[innovation strategy]]></category>
		<guid isPermaLink="false">https://timkastelle.org/blog/?p=353</guid>

				<description><![CDATA[As I discussed in an earlier post, Kristin Hersh has been very innovative in developing a new business model for music production and distribution. This is an industry that is very much in flux, and it&#8217;s hard to tell what business model will end up being dominant. When I&#8217;ve talked about Hersh&#8217;s approach in my [&#8230;]]]></description>
					<content:encoded><![CDATA[<p>As I discussed in <a href="http://timkastelle.org/blog/?p=124">an earlier post</a>, Kristin Hersh has been very innovative in developing a new business model for music production and distribution.  This is an industry that is very much in flux, and it&#8217;s hard to tell what business model will end up being dominant.  When I&#8217;ve talked about Hersh&#8217;s approach in my classes, one of the points that people have raised is that this is an approach that might only work for well-established artists.  However, <a href="http://www.nytimes.com/2009/07/22/technology/internet/22music.html?_r=1&#038;scp=1&#038;sq=metric%20label&#038;st=cse">an article in the New York Times</a> discusses a similar initiative and the band they use as an example is Metric, who are much less widely known (hat tip to Matt Yglesias for <a href="http://yglesias.thinkprogress.org/archives/2009/07/bands-seek-new-distribution-models.php">the post that led me to the story</a>).</p>
<p>One part of the story that interests me is the discussion of Polyphonic, an organisation formed by the manager of Radiohead, along with a couple of other people.  Their main objective is to facilitate the formation of direct links between musicians and listeners.  To me, it still sounds like a new version of record labels, so I&#8217;ll be interested to see how it works out.  I&#8217;m hopeful that some of the more bottom-up type approaches might work a bit better.  One example is the organisation that Kristin Hersh is using to build these links &#8211; <a href="http://cashmusic.org/">cashmusic.org</a>.  They have a mix of people that have been around and already have a fanbase along with artists that are newer and less widely known.  Ultimately, I&#8217;d like to see music distribution more under the control of the artists &#8211; they&#8217;re the ones creating nearly all of the value here.  But like I said, the industry is in flux so it&#8217;s hard to say where it will end up. </p>
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<p>In the meantime, I&#8217;m currently listening to <a href="http://www.hardingfiddler.com/www.hardingfiddler.com/Home__.html">Martine Lund Hoel</a>, who connected with me in a distinctively analog manner &#8211; she was playing on the street in Copenhagen, and she was so good that I bought her cd on the spot.  So the story of the music industry isn&#8217;t entirely digital yet either&#8230;</p>

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	<h3 class="jp-relatedposts-headline"><em>Related</em></h3>
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