Browsing all posts in alternative income streams.

Pearl Jam & Target

Pearl Jam will be releasing a new album this September at Target stores. I’ve never connected Target with grunge, but hey, the music scene is changing. Bands are searching for new revenue streams. This will be Pearl Jam’s first album that will not be on their Sony-affiliated label. This album will not have a label, [...]

Live Nation Income

Live Nation is continuing to show where the money is in the music industry. Live Nation just released 1st quarter earnings for 2009. Some of the highlights are: – per-head revenue up 10.5%- on-site, non-ticket revenue up 27%- money collected for future concerts – $696 million- north american operating margin up to 8.2% from 7.1% [...]

Upcoming Peruvian Concerts

In 2008, I had the opportunity to live in Peru for a few months. While there, I saw the USA band Collective Soul do a concert near Lima. They sold 10,000+ tickets at roughly $50 a pop in a country where 20-yr-olds are lucky to make $300 a month. One thing that became very apparent [...]

Video Game Music

The proliferation of both new and old music used in video games hit an all time high in 2008. For the entire US video & computer game software, 297.6 million units were sold and music-related games represented 5% of that total. This 5% represents $11.7 billion at the retail level, which is a 23% increase [...]

We7 Live

We7 is officially out of beta format. We7 is the website that ran with the business model of having ad-supported song and album streams. Peter Gabriel is a founder, investor, and board member. The site has a catalog of over 3 million licensed songs from all 4 major labels as well as some of the [...]

Bling Bling

Forbes released their list of Hip-Hop’s 20 biggest earners over the past year. The obvious fact here is that the big earners are not earning their money from music. Music is the means to either have the capital or reputation to diversify into other endeavors. Take 50 Cent, who brought in a mere $150 million. [...]