While the effects of the COVID-19 quarantine on live entertainment and brick and mortar retail are already apparent, other sectors of the music industry like publishing haven’t truly felt the effects of the pandemic yet because of their buffered collection timeline. Will some sectors bare the brunt of this pandemic, while others thrive? Join us this week as Portia speaks candidly with members of the MusicBiz board about how they intend on mediating the effects of this pandemic on their particular niches inside of the music business, and what best practices look like moving forward.
At this point, we all know that streaming royalties have become a larger and larger share of revenue within the music industry, but how those royalties are calculated by DSP’s is still somewhat of a mystery to artists, labels, and consumers. For example, why doesn’t your $9.99/mo. only go to the artists you’ve streamed that month? And, why do the per-stream rates fluctuate so much, based on time of day, the specific plan you’re on, etc.? On this episode, we talk to Vickie Nauman and Louis Posen about the “pool method” of royalty calculation (currently in use by most DSP’s), and alternatives to this method that are being proposed by some, and piloted by others.
The term “A&R guy” is tossed around casually in the music biz — but what does the A&R division of a label do? A&R teams are traditionally charged with finding new talent, guiding artists through the recording process and connecting artists with producers, songwriters and other collaborators. Their insight can have huge influence on an artist and label. Over the years, the role has changed with the music business. This week, respected A&R dude and founder of Loma Vista Recordings Tom Whalley tells us about his journey from the mailroom at Warner Bros. Records to chairman of the company. He also offers his perspective on how the job has changed — and the differences between working A&R at an indie and major label. Then we talk with Louis Posen, founder of established indie label Hopeless Records, about why the term “A&R” isn’t used at his company, and why a team approach to talent scouting works for them. Finally, Robby Morris, director of A&R at New York indie Matador Records, walks us through creative development at the label.