The Times Labs blog takes a hard look at the data on music sales and live performances and concludes that while the labels' profits might be falling, artists
are taking in more money, thanks to the booming growth of live shows. The Times says that they'd like more granular data about who's making all the money from concerts -- is there a category of act that's a real winner here? -- but the trend seems clear. The 21st century music scene is the best world ever for some musicians and music-industry businesses, and the worst for others. Which raises the question: is it really copyright law's job to make sure that last years winners keep on winning? Or is it enough to ensure that there will always be winners?
The graph the record industry doesn't want you to see
Why live revenues have grown so stridently is beyond the scope of this article, but our data - compiled from a PRS for Music report and the BPI - make two things clear: one, that the growth in live revenue shows no signs of slowing and two, that live is by far and away the most lucrative section of industry revenue for artists themselves, because they retain such a big percentage of the money from ticket sales.
(It's often claimed that live revenues are only/mostly benefitting so-called 'heritage acts'. Unfortunately, the data doesn't shed any light on this because live revenues are not broken down by type of act, gig size or ticket price.)..
It's interesting too that, overall, industry revenues have grown in the period - though admittedly not by much - which arguably adds strength to the notion that, when the BPI releases its annual report claiming how much 'the music industry' has suffered from the growth in illegal file-sharing, what it perhaps should be saying is how much the record labels have suffered.
(via We Make Money Not Art
With so many costumes adorning this election season, you might think the Halloween get-ups are overkill. Think again, because David Ng and B.R. Cohen are here to present the official universal survey about your candy favorites for the 2016 hierarchical delineation of candy virtue.
University of Zurich researchers used transcranial magnetic stimulation, a noninvasive method of inhibiting activity in parts of the brain, to “turn off” people’s ability to control their impulses. They focused on the temporoparietal junction, an area of the brain thought to play an important role in moral decisions, empathy, and other social interactions. They hope […]
Are you jonesing for a dose of optimism and possibility? In the mood to contemplate the cosmos? Want to experience a musical message for extraterrestrials the way it was meant to be played? The Voyager Golden Record: 40th Anniversary Edition, a project I launched with Timothy Daly and Lawrence Azerrad, is a lavish vinyl box […]
Geek Fuel is a subscription delivery service that caters to those of us that love comics, gaming, and general geek culture. Every month, Geek Fuel will assemble a box of goodies with a value of $50 or over. The specific items are a mystery, but you’ll always get an exclusive t-shirt not found anywhere else, a full […]
If you like to DIY and you like helicopters, you’re going to really love the Flexbot Hexacopter Kit. This copter blows traditional models out of the water: it includes everything you need to actually build your own hexacopter, and then pilot it like a pro, too.The construction is complicated enough to give you a challenge, […]
This week’s top deals from the Boing Boing Store range from lobster to wine to desk organization. 1. Get Maine Lobster (50% Off)With these discounted packages from Get Maine Lobster, you can experience the sweet, fresh flavor of world-renowned Maine lobster right at your own dinner table. There are four options to choose from, each at […]