In this 18 minute podcast, I cover two current issues:
- The $2.6 billion acquisition of Beats by Apple, and why indie musicians should care.
- A discussion last night on the popular indie music and music marketing Twitter chat, #ggchat (archives available here), about whether artists should release singles or albums (EPs, LPs, etc.)
I start the podcast with the recent Hypebot post Mark Mulligan: Apple’s Beats Acquisition Driven By Streaming Music’s Mutual Fear Factor. Mark is a respected music industry analyst and consultant, and former Pinnacle and Forrester analyst who publishes on his own SEO-friendly-titled blog as well, Music Industry Blog.
As indie artists, we probably don’t care much who wins the streaming music wars – Pandora, Spotify, Apple, YouTube (Google), or Amazon. We should care, however, that the flow of revenue to artists from streaming music consumers becomes more transparent and equitable.
[Tweet “”If streaming music becomes less crowded, at least we’ll know who to shoot at.””]
Apple revolutionized music consumption and propelled the consumption of digital music into the 20th century with iTunes. Perhaps their acquisition of Beats will help drag the music industry into the 21st century and make payments more transparent. A humble indie artist can only hope!
The majority of the podcast is a discussion of the issue of whether indie artists should release singles or a bundle of songs (an EP, LP, or album.) I am in the process of releasing what I call an EP later this summer, so this issue is personally relevant to me as an artist.
I draw some of my argument from an excellent (if a bit dated) article on Music Think Tank by Frank Woodworth, entitled Unbundling the Album: A Business Case for Releasing Single Songs. I believe the discussion should really be about how indie artist can best market and promote songs, not really how we release them.
Please feel free to leave comments and opinions, experience and arguments below! I love to hear from you.