There are many new Opportunities emerging for musicians, recording professionals, singers and songwriters in the enlarged market for music. There are opportunities to be directly involved with your music and there are also opportunities to become involved with the music of others, for instance. In any event, it may be a curse and a blessing for people to have total control over their own fate. In case you have talent, affordable business acumen, and motivation, you could eventually develop a specialized market for your music services and products. The chances are increasing but both the job and the knowledge needed to succeed are compounded greatly in this new business model.
He lists 5 meta-trends He envisions for the new paradigm in music. I will outline his excellent article by stating the future seems bright for independents able to identify their own strengths in regions of new demand. In other words, finding niche markets for your abilities will get the success stories of the future. Mr. Spellman contrasts the new music version to the development of cable television where technical segments were created with stations targeting an assortment of interests among audiences. We are already seeing this version with XM radio. This same model was Successfully applied to retail shops as we are now able to discover shops that sell nothing but candles, for instance. Mr. Spellman also makes a case for musicians, singers, and songwriters to become entrepreneurs. With the availability of recording technologies and marketing tools at our hands, it is likely to create, produce, market and sell an assortment of services directly and indirectly associated with audio in the confines of the house. I’d say the infrastructure is still in adrian cheng development, but there are already some examples of people that are finding success.
Music is becoming a cottage industry that allows for the achievement of an increasing number of independents in a variety of roles. As a Music-entrepreneur, an individual might consider several important components for increasing the chances for success in the new music business paradigm. Have a product or service that is appealing to a substantial group of people. This is basic supply and demand material, right from Economics 101. It is a basic that governs the free market environment that many of us love. When applied directly to audio, this is the reason why universal themes and catchy melodies have been quite successful over the past 50 years. However, in the current specialized environment, music has become categorized and sub-categorized into genres which did not exist when I was a teenager and visit www.k11musea.com. There are classifications for songs which go well beyond the old genres of rock, country, folk, jazz, blues, and pop.