Concert Industry Bucks the Recessionary Trend
The concert industry has so far bucked the recession, according to year-end data from trade magazine Pollstar, but promoters are bracing for a bumpy 2009.
Davis ThinkingThere's a reason Polaroid figures nearly as prominently as Lady Gaga does in the pop singer's latest music video "Telephone": it's in her financial interest to make sure the once iconic brand gets as much camera time as she does. While Gaga and Polaroid each got a lot of ink in January when she struck an unconventional partnership with the company that made her the brand's "creative director and inventor of specialty products," a source close to the situation told The Post that the 23-year-old pop star has a financial stake in Polaroid that allows her to participate "in the future of the company in a meaningful way."
The latest retransmission fee rift between Walt Disney's WABC-TV and Cablevision, as well as Viacom yanking its popular "Daily Show" and "Colbert Report" from Hulu over ad revenue-sharing, strengthens the argument for a la carte content -- allowing consumers to pay for just what they want, when they want. The complex sphere of content economics is being fractured by continuous conflict and experimentation by bundling cable operators and other content aggregators at one end of the spectrum and iTunes and Netflix paid downloads on the other.
Johnny Mercer, in my opinion, was the best lyricist of the 20th century, but I'm sure those words on a piece of paper, even repeated millions of times, would not have made "Moon River" famous. It was the music that made the words "Moon River" famous. Advertising needs visuals in the same way that lyrics need music, if you want to drive your words into the minds of your prospects. Without a visual hammer, an advertising campaign is almost certain to fail.
Fueled by the music industry's ongoing turmoils and, finally, books going digital at a very rapid pace, there is a lot of debate on how to deal with the fact that many people habitually share i.e. redistribute digital content without any of the upstream users making their own payment. How can you monetize content when the copy is free? This question is a key issue across the board, whether it's in music, eBooks, news, publishing, TV or movies. The fear is, of course, that once a digital item has been purchased by one person it can be easily forwarded to anyone else if it is in an open format, thus seriously reducing the possibility that someone else will actually pay real $ for it, as well (of course, the same is true for supposedly locked or protected digital content as well - it just takes a bit longer). No more control over distribution = no more money. Right?
Pay attention to that woman opening the Grammys. At Sunday's awards show, Lady Gaga is expected to play a duet on a single piano with Elton John. She is nominated for five awards, including record of the year, but that's less important than her broader impact on music culture in the space of a year, which has been seismic.
As we age our nostalgic yearnings grow, making us more receptive to advertisers and marketers use of what researchers call "a longing for positive memories from the past." In addition to time's arrow, this desire for nostalgia is further intensified by society's present circumstance of receding predictability and opportunity. While science is still struggling to unravel the neuro-dynamics of nostalgia, studies have identified some nostalgic cues that can be exploited and how images and sounds from the past can create favorable attitudes about products.
When does the wisdom of crowds give way to the meanness of mobs? In the 1990s, Jaron Lanier was one of the digital pioneers hailing the wonderful possibilities that would be realized once the Internet allowed musicians, artists, scientists and engineers around the world to instantly share their work. Now, like a lot of us, he is having second thoughts. Mr. Lanier, a musician and avant-garde computer scientist — he popularized the term “virtual reality” — wonders if the Web’s structure and ideology are fostering nasty group dynamics and mediocre collaborations.
Kia Motors America and Microsoft Corp. are forming a partnership to equip Kia vehicles with a system that drivers and passengers can use to make phone calls and control the car's audio system using voice commands. The hands-free system, called UVO, will be offered in several Kia Motors Corp. vehicles by the end of the year, according to the auto maker. The first vehicle to offer it will be the 2011 Kia Sorento crossover, likely to be out around July.
Warner Music Group has become the second major label to strike a content licensing deal with online video hub Hulu. The agreement brings music videos, concert performances, interviews and behind-the-scenes footage to artist-branded pages within the Hulu site. The first implementation of this deal is a Muse-branded page on the Hulu site, which currently features a Saturday Night Live appearance, several performances captured during a tour stop in Wembley Stadium, along with some interviews and deep-catalog videos. Next up are Jason Mraz and Paramore, with additional artists coming online in the new year.
Irish rockers U2 will step on stage tomorrow in Tampa, Florida, helped by BlackBerry’s sponsorship of their world tour in a deal no record company could offer. Research In Motion Ltd.’s “BlackBerry Loves U2” advertising campaign is part of a trend where brands are stepping into the breach as plummeting sales shrink music labels’ marketing budgets. Once reluctant to be seen as selling out to corporate sponsors, artists are keen to sign up.
When it comes to touting music, movies, books or TV shows I really really really like, I tend to cross the line between enthusiastic advocacy and combative over-promotion. I sent so many copies of "American Tabloid" and "I Love You, Beth Cooper" to friends that I found myself on the receiving end of a U.S. Postal Service restraining order. My inability to comprehend the li'l sister's decision not to re-up her HBO subscription for season four of "The Wire" eventually boiled over into a hostage situation. I am capable of great feats of annoyance. Well, the roommate/Missus-To-Be better gird herself for a Larry-generated hype tsunami, because I've latched onto a series that threatens to enthrall me through 2010: ESPN's "30 for 30" sports documentary series, which is as ambitious an undertaking as anything the network has ever attempted. Hell, it might be one of the most ambitious projects in the history of TV.
By now, we’re all pretty familiar with how digital music works: People get sued, content gets deleted, and start-ups go bankrupt. YouTube’s ContentID marks a welcome change from that routine by freeing people to infringe copyright while generally keeping copyright holders happy. In an area known for bitter lawsuits and hastily issued “take down” notices, this is that rarest of birds: a feel-good digital music story.
Nokia already owns the global cell-phone market. Now Tero Ojanperä is launching the world's biggest delivery system for services, apps, and entertainment.
From the early strains of "Revolution" by Nike, marketing has increasingly co-opted the soundtracks of popular culture to create emotional resonance. And, boy, has the dance between marketers and music changed. No longer are brands and agencies willing to "crutch-up" their advertising with simply a popular song. In fact, the practice of slapping a song in at the last minute is moving into the Ice Age. What continues to thaw and thrive is the shared-values model, that fertile area where what the brands want us to experience and what the bands want us to experience is the same place.
As music sales continue to drop like they’re not so hot throughout the industry, Island Def Jam Music Group is jamming on a new business model: integrating brands into artists’ CD booklets. The first deal, created for the Mariah Carey release Memoirs of an Imperfect Angel on Sept. 15, is a 34-page co-production with Elle magazine that includes lifestyle ads from Elizabeth Arden, Angel Champagne, Carmen Steffens, Le Métier de Beauté and the Bahamas Board of Tourism. Providing the experiment goes well, the label is eyeing bigger brand deals for booklets of CDs by Rihanna, Bon Jovi, Kanye West and other artists.
Sound in advertising is hot once again. Take the recent VW television commercial making light of a hybrid car's sound or General Motors admitting that the Volt has "the feel of a sports car" but its sound needs to be refined. Or Starbucks' approach to reinvigorating its brand by rejuvenating the coffee experience so that customers can hear the "whir of the grinders."
Who is Claude VonStroke? Is Dan Deacon familiar? Perhaps you have heard of Amanda Palmer? Or Erol Alkan? If you are a serious fan of independent music it's likely one or more of these names rings a bell. What might be surprising is the extent to which these four -- and many dozens of independent musicians like them -- can teach both scrappy startup brands and major CPG players how to most effectively make social media work.
The discovery of the world's oldest musical instrument -- a 35,000-year-old flute made from a wing bone -- highlights a prehistoric moment when the mind learned to soar on flights of melody and rhythm.
Sometimes people ask me why, say, McDonald’s or Coca-Cola or Nike bother to advertise at all. We’ve all heard of them, right? We’ve all decided whether or not we like them. So why waste the money? Here is my answer: Because the simple-sounding issue of salience is very important. And as backup I offer the abrupt return to popularity of Michael Jackson’s music.
Some time ago, I was flicking through a copy of ‘People’ magazine, when I beheld something on its pages that caused me to just about fall off my chair. An ad promoting a TV series about Elvis, which was to run on CBS, was the source of my surprise. “The King is Hear…”, proclaimed, typographically, what turned out to be the first part of this innovative notice. On turning to the next page of the magazine, sure enough, I did hear the King. Elvis was singing from the pages and a voiceover was promoting the series. If you managed to see this copy of the magazine, I’m quite sure you’d have found the advertisement as unforgettable as I did.
Ailing news organizations seeking to make money from both online readers and the Web sites that republish their stories are looking at the way music publishers collect a fraction of a cent for every song played in public, from the corner bowling alley to the stage of "American Idol."
The right song can help a product shine -- but the wrong one can hit an off note. Billboard consulted with a six-person panel of experts in advertising and branding to determine our list of the best five songs in commercials -- and five that made viewers reach for their remotes.
You know you're old when songs you listened to when you were a kid are being used to brand old fogey cars. It's common for musicians of all ages to sell their music to advertisers. Beck and the Who have done it, as have Feist and the Rolling Stones. It's not just a crass sellout anymore, but rather crass marketing strategy: ads get heard more often than songs on radio stations, so getting into a commercial is just one of a menu of options that include inclusion in the soundtrack of a movie, or appearing in a teen drama on TV.
As the economy declines and consumer spending habits undergo a vast reevaluation, there is nowhere left to hide. The media industry, in other words, must adapt or die.
It may just be a few seconds of music, but Dr. Dre fans will remember the new Dr Pepper ad as the spot where they heard the first officially released beats from the much-delayed "Detox."
Toyota, which last fall signed on as one of three inaugural sponsors of MySpace Music -- the News Corp. property's independent label -- is activating the partnership with "Rock the Space," a competition encouraging unsigned bands or solo artists.
Microsoft is continuing its attacks on Apple products as overpriced with a new Web campaign for its Zune portable media player. In a Web video, financial planner and former reality show star Wes Moss presents the case that the 120GB iPod would cost $30,000 to fill with music buying songs at $1 each at the iTunes Store. "People worry about the capacity of their iPod," Moss says in the 30-second spot. "What about the capacity of their bank account?"
The lack of innovation in pop music suggests that we are experiencing an energy crisis in culture at large.
Last.fm, the social music site acquired by CBS two years ago, unveiled a major redesign to its interactive radio service on Wednesday in an attempt to keep users where its advertisers can reach them.
Traditional music charts are based on shipped albums, or units sold. While this may have been an accurate method to judge music popularity in the simpler times of top-down, centralized music distribution, today’s media-consumption behavior patterns do not always adhere to such direct paths.
Sprite is hoping it has discovered the next pop sensation. In an effort to promote itself to teenagers, the Coca-Cola brand of lemon-lime soda is revving up its marketing engine to propel the career of British singer-songwriter Katie Vogel. It's doing so by underwriting the production of a new, interactive Web reality series on YouTube called "Green Eyed World," which will follow Ms. Vogel as she tries to make it big.
MTV doesn't play music videos. Magazines are dying. Radio is all about the $$$. It's no secret the old modes of music discovery have been thrown out the window. Thankfully, new music-finders are here:
To be sure, the death of the album does not mean that the music industry itself is over. Parts of it are actually thriving.
Podcasting. Live concerts on-demand. Full previews of albums. Original performance videos. Curated streaming in 100 different genres. It's not on YouTube. It's on Npr.org/music, a fast-growing site launched by the nonprofit as a way to unite and expand its work as curators of music for curious music lovers. It's one of the many ways NPR is surprisingly finding itself on the digital cutting edge.
Weaving through the thousands of fans, spring-breaking music industry professionals and assorted revelers who clog the streets of downtown Austin this week, you might well think that South by Southwest, the annual music conference and festival here, is nothing but a big party.
Selling car insurance isn’t supposed to be a laugh riot, but somehow Geico makes consumers laugh again and again. It’s latest effort ad effort, created by the Martin Agency and starring “Kash," debuted in December. However the character continues gain more and more fans, according to Geico CMO Ted Ward. Ward spoke with Brandweek’s Kenneth Hein about why this stack of money with cookie monster eyes has drawn such a following.
Kraft has introduced a new jingle for its Triscuit brand in Canada in an effort to refresh the cracker’s image.
Music. Records to some, jingles to others, a theme, a tune, a few bars or a beat -- it's music, yes, but it's more: It's branding, music branding, and the sound is music to corporate ears.
Michael Adams doesn't claim to be the equal of famed Depression-era songwriters like Woody Guthrie. Still, the 39-year-old from Tucson, Ariz., aims to leave his musical mark on the current economic crisis. Editor of the nutrition-oriented Web site naturalnews.com, Mr. Adams says his personal outrage about all the federal funds being shoveled to crippled corporations prompted him to write a hip-hop song called "I Want My Bailout Money."
The concert industry has so far bucked the recession, according to year-end data from trade magazine Pollstar, but promoters are bracing for a bumpy 2009.
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