While music labels’ profits continue to fall, Artists continue to climb…

Image Property of Times Labs UK

For all that crap and BS propaganda we hear concerning the declining music industry, I could literally have a kazillion dollars if I were paid a nickel everytime such stories were shoved upon the world. Those in charge of big labels decry again and again how the digital age is killing music, that we’re all thieves, and that they don’t make enough money. To cap off their trifecta + 1, they constantly put the stranglehold on new and emerging technologies and services by way of frivolous and stupid lawsuits. So it’s with great glee and jubilation that I share with you some fairly reliable statistics that show while the music labels are in fact declining in relevance and revenue, the music industry and more importantly artists are actually making more at an increasing rate.

The study was conducted by The Times Labs blog which pours over mountains of data concerning music sales and live performances and finds that artists are making more money because people are going to more live concerts. If you didn’t know, artists get a bigger cut of live performance revenues. I have no doubt in my mind that many people who go to these shows and live concerts did so because of a CD they pirated — their I said it straight out — and were interested in hearing them live. A person whom had never heard of a particular band that they never would have paid for a CD up front is now paying to go to their concert and probably will pay for more band merchandise as time goes on.

In the end, the only person being “hurt” by file sharing (legal and illegal) are the labels. Because of this, and the fact that they love take other peoples’ money, I wouldn’t be surprised if they started ratcheting up their piece of the live concert pie. In a world were the few greedy people run the lives of the majority, I can only say that this is the sweetest news yet. The sooner we eliminate the middleman the better off we’ll all be.

The full report is extremely intriguing and certainly one the labels wouldn’t want you to see (and I’m sure they’ll smear it when they get around to it). So do yourself as well as all of us a favor and read the report.

Boing Boing > Times Online

Foo Fighters. Live streamed Concert. Facebook. Tonight.

Last weekend, U2 took a very rare chance to open up to this world of technology that celebrities and the content owners world continue to decry or ignore. It was an awesome experience, a good show, and a perfect display of modern technology at it’s finest. Since the interwebs were pretty busy chatting up the event, you could imagine that at least a couple other people heard of it. If U2 wasn’t quite your style, or your looking for more live concert streaming goodness, the Foo Fighters have got a treat in store for you.

Tonight via Facebook, the Foo Fighters are live streaming their very own concert. You can ensure a digital seat by sending in a digital RSVP or you make a grand appearance sans RSVP here, at 7pm (PST)/10pm (EST).

U2 wasn’t the first and the Foo Fighters won’t be the last. Hopefully this “cool” image that is starting to surround streaming live concerts continues. It brings the fans closer to the artists and vice versa. It’s good for everyone fans and artists alike. You going?

Gear Diary > TechCrunch

RIM sponsoring U2’s 2010 North American Tour.

Apparently things went well with the last co-op between U2 and RIM because as they did this past year, RIM will again be the title sponsor for U2’s 2010 North American tour. Taking on such a challenge is not for the faint of heart or light of wallet. Copious amounts of time, energy, and money are needed to put on such shows and tours. I applaud RIM for reaching out into the consumer space and trying to be “consumer cool”. Now, let’s just hope they do a better job than this past year’s (2009) tour as though RIM was very much a sponsor, a few pathetic banners strung across the performance venues and a some BlackBerry logos displayed on TV’s are hardly going to win over any new customers. Not to mention, such a lack of effort and presence by the main sponsor is pretty ridiculous. Let’s try to kick this next one up a dozen notches ‘ey RIM?


Image Source

Reminder: U2 live streaming their concert tonight on YouTube

Music preference is a highly subjective topic. People have varying tastes music for a variety of reasons. U2 has stood the test of time in the music scene. While not everyone’s favorite band, U2 has shown that they have what it takes to span the generations. To a digital nerd like me, I enjoy their music, though that’s not why I’m writing this. Tonight at 8:30pm PST (11:30pm EST) U2 will stream their entire concert, live from the Rose Bowl. Streaming live performances are nothing new mind you. But for a band of this magnitude and size to do such a consumer friendly and pro-digital thing is rather impressive to say the least as usually, old guys in suits (read: record labels and content owners) often stop such tactics dead in their tracks. So if you like U2 and find this new embracing of technology instead of trying to protect themselves form it as is all to common in the music industry, I encourage you to tune into U2’s official YouTube channel. Afterwards, come back and leave a comment on how you liked the concert as well as the technology used.

Radiohead: Reckoner

While some may compare Radiohead to many other popular british bands such as Coldplay and Muse, they are in fact in a league of their own. (Not saying Coldplay and Muse suck as I like them too). On the list of bands I’d like to see before I die, they die, or break up is Radiohead. With awesome vocals from a singer who can actually sing notes that are on an actual musical scale (a rare feat these days…especially with that crap called “auto-tune”), stay in pitch, and together with the rest of his band construct some of the greatest music known to mankind, Radiohead deserves some massive props. So sit back, relax and enjoy a live performance of Reckoner by Radiohead.

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