In this episode of DAWCast: Music Entrepreneurship, I take a look at the 11 components that define the new music industry.
Hold on one second. Isn’t the music industry still in repair? Hasn’t it been broken for a long time now?
That may be true, but today’s music industry still has a shape, and in this episode of the podcast, I flesh it out for you.
In this episode, you will discover:
- How I discovered the term “musicpreneur” and why I’m late to the game with it.
- How I came to learn about the 11 components of the new music industry.
- Why I think it’s important to understand where the industry stands today.
- Why the music industry was slow to adapt to the reality of the internet.
- How the role of live performance has changed in the new music industry model.
- Why I believe we will be witnesses to greater change in the music industry in the years to come.
- Why I think the experience you offer your fans is just as important as music itself.
- Why I think your marketing isn’t far removed from creativity.
- Why there are so many more niches being served to today.
Links and resources mentioned in this episode:
- How To Start A Podcast To Promote Your Music
- Andrew Dubber
- From ‘Music Industry’ to ‘Music Engagement’
- Tribes: We Need You to Lead Us by Seth Godin
- Worldwide Vinyl Record Sales on the Rise: The Return of Physical Music Products
- #049: Allistair Elliott Interview – American Federation of Musicians
Thank you for tuning in!
Thank you for joining me for another episode of DAWCast: Music Entrepreneurship. If you have any comments, questions, suggestions, or requests, don’t hesitate to leave them in the comments section below.
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Author: David Andrew Wiebe
David Andrew Wiebe has built an extensive career in songwriting, live performance, recording, session playing, production work, investing, and music instruction. In addition to helping musicians unlock their full potential, he also continues to maintain a touring schedule with multiple bands.