-bands can be invested and traded in like stock, becoming their own corporations (sounds bad, actually could be very good)
-the traditional model is flattened: all-in-one manager/label/marketing houses
-bands keep significant amount of sales from ALL sources, not just CD’s and own the rights to their work
So far Nettwerk in Canada, Dimensional Associates in the U.S. (own eMusic, which btw is the 2nd largest online music service next to iTunes; it’s good to know the good guys are winning for a change), and Warner’s Cordless Music division are pioneering the future of the music industry.
Working in Business Development for an online advertising firm for the last year-and-a-half has really made me hungry to learn the business models of the things i love: music, movies and comic books. i’d love to learn them well enough to start fucking around with new and improved models for each. perhaps someday i will get a job with one of these more revolutionary firms.
Anyways, it’s a great read (as usual) from Wired.