Browsing all posts in new revenue streams.
BCBG | Maxrave and New Music Discovery
What do you do when you aren’t selling your product in traditional outlets? You look for new outlets. And that is exactly what is happening with some new bands and the Maxrave retail outlet. Maxrave is a subsidiary of BCBG Max Azria that caters to women aged 16-24. Maxrave has over 280 stores in the [...]
CD Sales Gap
CD sales are down 19.3% through May of this year when compared to CD sales last year. What that translates to in money is $270 million dollars. Gone. When other revenue streams are accounted for to pick up some of that slack, there is still $162 million of lost revenue. This really puts the problems [...]
EMI Income
EMI has just announced some better financials for fiscal year ending March ’09. EBITDA (earnings before interest, taxes, depreciation, & amortization) were up an astonishing 219% from the year before. EBITDA was $246 million. This compares rather favorably to the prior year’s numbers of $77 million. A few facts within this increase is that a [...]
The iPhone App
Apple is about to pass an important mark of having over 1 billion downloads for the iPhone. Apple opened up its Application store last year for developers to write programs that could work on the iPhone. Since that time, Apple has had over 950 million of these applications downloaded. Many of the applications are free, [...]
Great Quote
Here is a quote that succinctly describes the current state of the music industry: “Trade analog dollars for digital pennies.”- Jeff Zucker This says a lot about the current state of the music industry. Record labels that spent vast amounts of money promoting, recording, and building artists are faced with a world where they can [...]
Banana Republic Collaboration
Here is some news for musicians out there looking for alternative revenue streams. Banana Republic has just announced the launch of a ’09 Spring/Summer comprehensive advertising campaign that will highlight popular musical artists. The artists will appear in billboards and print ads wearing Banana Republic (BR), their songs will be played in stores across the [...]
New Revenue Streams
In the clear reality of rapidly declining cd sales, we are starting to see little glimpses of revenue streams for the major labels. These new revenue streams were unlikely even a speck of imagination 10 years ago for most of the labels. But just this week, we have seen EMI launch a new website to [...]
