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Beyond the CD: The Future of Music Marke8ng & Consump8on Presented by Jim Ayson / SMART Communica8ons CSB Music Business Week / Mar 21, 2014

Beyond the CD: The Future of Music Marketing & Consumption

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Presentation at CSB Music Business Week, Mar 21, 2014

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Page 1: Beyond the CD: The Future of Music Marketing & Consumption

Beyond  the  CD:  The  Future  of  Music  Marke8ng  &  Consump8on  

Presented  by  Jim  Ayson  /  SMART  Communica8ons  CSB  Music  Business  Week  /  Mar  21,  2014  

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About  Me:  Jim  Ayson    

Where  to  find  me:    email:  [email protected]  TwiPer  &  Instagram:  @jimayson  Facebook.com/jimayson    

Founder,  “head  honcho”,  social  media  slave,  etc  

SMART  Partner  Management  Smart  Developer  Network  (Smart  DevNet)  SPINNR  Indie    

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Standard  Disclaimer  •  Images  for  this  presenta8on  were  copied  from  the  web.  No  copyright  infringement  was  intended.  

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View  or  Download  this:  

hPp://bit.ly/Jim-­‐BeyondTheCD  

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The  Evolu8on  of  Consumer  Music  Formats  

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Vinyl  

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Vinyl  Records  

•  1920’s-­‐present  •  78  rpm,  45  rpm,  33  1/3  rpm  

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Analog  Audio  Tape  

•  Open  Reel  •  8-­‐Track  Tapes  •  Compact  CassePes  

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1979  –  The  Sony  Walkman  

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1980  –  The  Compact  Disc  

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Evolu8on  of  Digital  Music:  1980-­‐2008  

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What  replaced  the  CD?  

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MP3  Downloads  via  Napster/BitTorrent  

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Digital  Downloads:  iTunes  store  

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Free  Streaming:  Soundcloud,  YouTube  

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Streaming  subscrip8on  services  

•  Pandora  •  Spo8fy  •  Deezer  •  Spinnr.ph  

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Deezer:  Mobile  +  Web  

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Spinnr.ph  –  web  and  mobile  

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Complaints  about  digital  music    •  Low  MP3  Bitrates,  128  kbps  –  320  kbps  •  MP3  –  sounds  too  compressed,  not  a  lot  of  dynamic  range  •  No  warmth  -­‐  “Metallic  sounding”  •  But  we  trade  these  for  convenience  

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Ironic:  The  resurgence  of  Vinyl  

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Vinyl  fans  sound  off:    •  “It’s  real  music,  not  a  representa8on  of  1s  and  0s”  –  Mike  Pedero  •  "Vinyl  records  can  play  music  with  much  more  warmth  and  glow  as  compared  to  

digital  formats.  Listening  to  Vinyl  records  is  like  ea:ng  a  nice  and  tender  Angus  burger  freshly  grilled  while  CD's  and  MP3's  are  like  Mcdonalds  burgers."  -­‐  Dale  Rojas  

•  "Of  course  we  all  know  the  BIG  difference  in  terms  of  warmth  and  the  feel  of  analog..  digital  has  its  advantages  but  analog  sound  is  more  real,  maybe  because  the  old  recordings  are  played  by  real  musicians.”    -­‐  Obet  Rivera  

From  “Back  in  Black”  By  Von  Ka8ndoy,  Philippine  Daily  Inquirer  

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The  Evolu8on  of  Distribu8on  

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From  Physical  distribu8on  to  Digital  distribu8on  

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R.I.P.  Tower  Records  

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The  culprit  :  iTunes,etc.  

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Smartphone:  The  New  Walkman  

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Where  next?  Moving  from  Downloads  to  Streaming  

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Top  Streaming  sites  

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What’s  next:  High  Resolu8on  Audio  (HRA)  

FLAC  not  MP3  

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Neil  Young’s  Pono  

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The  Future  of  Music  Marke8ng  

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DIY:  You  don’t  need  a  label,  you  don’t  need  MTV  •  Internet  plaoorms  give  indie  musicians  the  power  to  go  direct  to  the  consumer.  

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Onboarding  through  SPINNR  Indie  

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Conclusions  

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The  Music  Business  Hasn’t  Died,  People  s8ll  love  music.  

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“OPM  is  not  DEAD”  

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But  the  industry  has  changed.  The  music  industry  needs  to  adapt  to  changing  music  tastes.  

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The  tools  are  out  there,  use  them  or  die.  

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Download:    hPp://bit.ly/Jim-­‐BeyondTheCD