While I could probably have guessed that record sales were down, the recentness and sharpness of the decline was interesting. As you can see below, since 2008 new record sales have dropped by almost 50%. I am sure that number is even greater if you go back to, say, 1999, when it was cool to have CD books and stacks of albums. Year $100,000 for placement in a cell-phone commercial 1 $100,000 One of the more interesting data points that stands out is the minuscule amount of money that these bands earn from the streaming services that have become so prevalent in the world today. If Pandora (see IB Research reports ) or Spotify are somewhat responsible for taking album dollars out of the pockets of artists, they should at least be making up a decent amount of that lost income. It makes the Internet Radio Fairness Act seem all the more absurd. The Market Realist Take With online streaming and Internet radio services becoming more popular than listening to CDs, the music industry and Internet radio companies like Pandora have been embroiled in a continuing battle over royalty payments. Pandora has stated that its profitability has been affected because Internet radio stations have to pay six times the royalty rate of other mediums. Pandora pushed for the passage of the Internet Radio Fairness Act, which would lower royalty rates, but the bill faced stiff opposition from labels, publishers, and music artists. Pandora Media recently won a case against the American Society of Composers, Authors and Publishers (ASCAP) with a federal judge ruling that ASCAP has to provide Pandora access to its entire catalog of music through 2015, when the current licensing terms are up for renewal. Clear Channel and Warner Music Group struck a mutually beneficial partnership deal in September that will allow WMG to promote its artists through Clear Channel in return for low royalty rates on Clear Channels iHeartRadio. Although this deal was considered groundbreaking, theres no actual legislation yet that will ensure fair compensation for the artists. The entry of tech giants Apple Inc.
Before the Music, Tony Bennett Painted
However, they are perfect for INSTRUMENT 1 and Artiphon, an instrument and company that is unique and unusual in the current hardware startup landscape. For one, the startup is based in Nashville, a mecca for aspiring musicians but unheard of, as far as, startups are concerned. Then, there is the odd combination of hardware with software. While most music-based startups focus on either one of the domains, Artiphon has taken a big picture approach by combining an iPhone-based software app with a sophisticated instrument that is the banjo (or, guitar) equivalent of a keyboard. When you look at the market today, most devices (such as boomboxes) are focused on music consumption, explains thirty-year-old Mike Butera, the man behind INSTRUMENT 1 and Artiphon. Butera, who holds a doctorate in sound studies and is a philosophy professor, says the mobile revolution, which has blurred boundaries between music creators or producers and music consumers, provided the trigger for INSTRUMENT 1. Mike Butera with INSTRUMENT 1, Artiphon’s first product A number of factors have contributed to the transition in roles. Back in the 1970s, the development of solid-state electronic components miniaturized piano keyboards and extended their capabilities to mimic other instrument sounds. The recent mobile revolution has benefitted from low costs of components such as powerful processors, memory and sensors. In turn, these have slashed prices for mobile musical toys and made their capabilities more powerful. For example, the more powerful a processor, the better sounds and tones it will produce. However, the music-making industry is, yet, to catch up with the mobile revolution. Most new instruments in the market are generally toy-like , foreign, and difficult to use, says Butera. INSTRUMENT 1 deliberately focuses on the creation niche for mobile music. Overcoming Limitations The transition from a simple idea to a workable prototype, however, took much longer.
Both are magnificent in the way they captured facial expressions and moods. There’s so much honesty in their work, which can take a lifetime to achieve. I’m still working on it. Painting is really a magic trick, an illusion. What a painter leaves out often is as important as what is added. When I paint, I strive for the proper balance between composition and space. I’ve been studying for years with two mastersEverett Kinstler, a portrait painter, and Charles Reid, a brilliant watercolorist. So I have two of the best possible teachers. I enjoy the tranquillity and complete privacy of my studio, and when I paint, time floats away. If I start at 2 p.m. and finish late in the afternoon when the light fades, I become so absorbed that it feels like only 15 minutes have passed. I usually listen to the Sinatra station on Sirius satellite radio or to WBGO, the local jazz station.
The Music Of A Hardware Startup
But unless you’re a serious music nerd, Rdio is the most usable option. For vast amount of music fans, Rdio has the best design and functionality, making it CNNMoney’s Best In Tech for the streaming music category. If you’ve never used a streaming music subscription service like Rdio or Spotify , understand that it’s not Pandora ( P ). You don’t pick a song or artist and then let the service build a randomly-generated playlist for you. Instead, for $10 a month, you have unfettered access to an online jukebox with tens of millions of songs. What really separates Rdio from the competition is its social backbone. You can follow friends, strangers, musicians, businesses, etc. and get a sense of what they’re listening to. Rdio will also recommend songs and artists for you to check out based on your friends’ interests. That may not seem like a big deal, but when you’re not quite sure what to listen to, this feature is one of the best in helping you figure it out. Another standout Rdio feature is the ability to build an online library full of “your” tracks. With rival services, having your favorite music in front of you means scrolling through hundreds of playlists in the sidebar of the app. It’s less than ideal. Rdio instead presents your collection as a highly visual array of album thumbnails that can be sorted in a variety of manners. But functionality aside, Rdio is just laid out and presented across all platforms (desktop, phone and Web) in manner that’s visually cleaner and easier to process than its competitors.