Post by arfankj4 on Mar 7, 2024 3:53:30 GMT
It s interesting to think about the source of power changing said Felix Oberholzer Gee the Andreas Andresen Professor of Business Administration at HBS who led the discussion. In the old model he said economies of scale regulated success and performers had to be big to spread out high fixed costs. Now as a result of the way we produce and distribute content the economies of scale are basically gone. You still see big companies like Spotify but what s their source of power Asked Oberholzer Gee. Network effects.
Now we pair lots of ears with lots of advertisers and we create a different form of power but where the underlying source is similar. When you think about the power question you now have to think about how the searchability of an artist can influence the kind of music you ultimately hear as a consumer said Poland Mobile Number List Jim Lucchese a panelist and CEO of Echonest which was acquired by Spotify last year. But the nature of a fanbase and how they pay for your product that s not new…it s just that direct production to distribution opportunities are creating a blurrier line about what and where content is. Lucchese and Oberholzer Gee were joined by music industry veterans Mark Kates the founder of.
Fenway Recordings and former president of Grand Royal Records and J Sider the CEO and founder of BandPage an online service that allows musicians to post information and connect with fans. dynamics as yet untapped areas for future digitization and a question from the audience is anyone ever going to be able to make money in this new environment To the latter question Sider suggested that musicians need to learn a new set of skills. If you re a musician and you were coming out years ago you would have had to go through a rigid system to distribute your product to an audience Sider said. Now you re an independent business and you can market yourself. You can start at a low cost to record and post something online. As an example let s say I sell socks.
Now we pair lots of ears with lots of advertisers and we create a different form of power but where the underlying source is similar. When you think about the power question you now have to think about how the searchability of an artist can influence the kind of music you ultimately hear as a consumer said Poland Mobile Number List Jim Lucchese a panelist and CEO of Echonest which was acquired by Spotify last year. But the nature of a fanbase and how they pay for your product that s not new…it s just that direct production to distribution opportunities are creating a blurrier line about what and where content is. Lucchese and Oberholzer Gee were joined by music industry veterans Mark Kates the founder of.
Fenway Recordings and former president of Grand Royal Records and J Sider the CEO and founder of BandPage an online service that allows musicians to post information and connect with fans. dynamics as yet untapped areas for future digitization and a question from the audience is anyone ever going to be able to make money in this new environment To the latter question Sider suggested that musicians need to learn a new set of skills. If you re a musician and you were coming out years ago you would have had to go through a rigid system to distribute your product to an audience Sider said. Now you re an independent business and you can market yourself. You can start at a low cost to record and post something online. As an example let s say I sell socks.