Etiqueta: Music industry

Much has been written about the music industry’s historic decline over the greater part of the last decade.

As the primary distribution mechanism has shifted from discs to digital, consumers’ discovery process has followed suit, evolving from the “new release” rack of their local record store to the link collection at their favorite music blog.

What many accounts of the struggling music industry fail to mention, however, is that the music industry’s ultra-fragmented, content-overloaded state has created an opportunity for brands to become involved as never before. The record label’s and record store’s historical position as middlemen between consumers and content is dwindling, leaving a vacuum that is rapidly being filled by blogs, publications and the savviest of brands.

Demand is at an all-time high, but the “means to consumption” have changed, says Roger Faxon, head of EMI Publishing, in his recent interview with The Economist. There are new free-and-subscription-based streaming services setting up shop every day, sustained and fueled by the rabid demands of consumers for more and better content.  The result has been the disintermediation of content – consumers no longer care where good content comes from, as long as it’s both convenient and good.

Do marketers and brands need to become A&Rs? Leer más “Are Brands and Agencies The New A&Rs?”