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Beatport sold to corp
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Nectarios
Martian Arts
Started Topics :
187
Posts :
5292
Posted : Feb 27, 2013 13:27:30
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Colin OOOD
OOOD/Voice of Cod
Started Topics :
95
Posts :
5380
Posted : Feb 27, 2013 19:47
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I doubt it will make a blind bit of difference, there has always been a corporate air about Beatport, and now it has a corporate owner. The site itself probably won't change; people will still shop there, even though the prices will go up and the label share will go down. Corporate money means it will have the advertising budget to become an ever-larger player in the global music industry, and will probably extend its reach into other - non-dance- genres too. We'll be seeing more of it, not less, I think.
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Contact for bookings/mastering - colin@oood.net |
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dick hardman
IsraTrance Junior Member
Started Topics :
12
Posts :
369
Posted : Feb 27, 2013 21:05
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I don't know the details of the acquisition, but Beatport was either competition to be taken out, or an asset to be had.
If it was competition, we may indeed see less of it, or see it morph or integrate into it's new owner's business.
If it was bought as an asset, we will most likely see it expand exactly as Colin predicts.
The fact that it was acquired at all says something for the business model. That it works. An indicator that officially confirms online digital sales is the new business model for the music industry.
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dick hardman
IsraTrance Junior Member
Started Topics :
12
Posts :
369
Posted : Feb 27, 2013 21:13
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I personally think they sold too soon. They could have gone another 5 years, continuing to solidify and grow their place in the music industry and been worth way more than 50mil.
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Nectarios
Martian Arts
Started Topics :
187
Posts :
5292
Posted : Feb 27, 2013 21:48
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Upavas
Upavas
Started Topics :
150
Posts :
3315
Posted : Feb 28, 2013 00:04
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Not sure what they mean with pre-eminent download store, Beatport does suck as far as artists share is promoted, I am no longer affiliated with them, except though some label releases. SFX however is strongly connected to Hollywood, and based in NYC... and that dear fellow producers should perk your ears!!! Because lately the Hollywood scene is vying away from elevator music to electronic ambient, yeah, they are years late as always, but they are coming...
Upavas - Here And Now (Sangoma Rec.) new EP out Oct.29th, get it here:
http://timecode.bandcamp.com
http://upavas.com
http://soundcloud.com/upavas-1/ |
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Yidam
IsraTrance Full Member
Started Topics :
144
Posts :
3171
Posted : Feb 28, 2013 11:17
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orange
Fat Data
Started Topics :
154
Posts :
3918
Posted : Feb 28, 2013 19:01
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Upavas
Upavas
Started Topics :
150
Posts :
3315
Posted : Feb 28, 2013 23:50
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Xolvexs
IsraTrance Senior Member
Started Topics :
241
Posts :
2848
Posted : Mar 20, 2013 11:42
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not sure but i guess there will be more players entering the market soon..there is Djtunes.com, and so on..to set up an online distribution channel is not rocket science these days.the biggest cost is in promotions. it all started with Mp3.com back then it was like you pick and choose your tracks and they would build a cd and mail it to you. now thats redundant.
what has really happened is that people are spending more on the devices that play the music and thus cant afford to pay for the music. they buy $200 ipods, 150$ headsets and are constantly replacing them..music unlike this stuff is intangible cant be seen cant be held..we live in a physical world, music is in the space of the mind, unless you are musician then its physical for you.
earlier music was in physical form lps cds cassettes etc. now its just a file, a programming code..people do not see value in (monetary terms) music mainly because now they know once the tune is made its just replication, and to do that if someones going to charge they are not up for it.
Interestingly people are willing to pay for live performances, hence the sudden increase in the number of festivals across the world.
what people typically feel is that musicians are performers and when they perform they will pay, but simply putting up files for sale is not convincing them to buy.
I mean take a clue from Iron Maiden..they saw that sales are taking them no where..so they went on to make a beer- The Trooper. They know they will have a set group of fans who will buy that..and when they do that they probably get some free music with it.
Guns n Roses did a similar thing with Chinese Democracy album, they knew they were not going to make sales so they packaged merchandize with it.. caps t-shirts keychain bandana...
yeah the argument would be that they are big enough to do such things..but the whole free music hit them too...if its hit them it hits a whole lot of others as well.
the thing is that music is moving fast and the because of rapid commercialization its not growing.
Even if you look at the psytrance scene suddenly old skool goa is back,
this also simply because of the commerce behind it..i went for ASOT 600 show and i felt it was like 2002 or something..the music seemed old really old..i went for some psytrance party after that, great music but it felt old..had blast..but it was more like something i have experienced before..nothing much has changed except the hypes.
When death comes to your doorstep, make sure you are alive |
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faxinadu
Faxi Nadu / Elmooht
Started Topics :
282
Posts :
3394
Posted : Mar 20, 2013 14:37
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On 2013-02-28 19:01, orange wrote:
i actually dont give a shit.. as long as we can pay our release expenses the main focus.. and this should be any label owners first priority is providing his artist with bookings.
there is no money in music sales when it comes to psy anymore.
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ya, +1
The Way Back
https://faxinadu.bandcamp.com/album/the-way-back |
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Login
IsraTrance Full Member
Started Topics :
65
Posts :
1707
Posted : Mar 20, 2013 18:20
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This SFX corp says it's "building an EDM empire", vertical integration BS. I predict a huge fail.
"The dedication to repetition — the search for nirvana in a single held tone or an endlessly cycling rhythm — is one of electronic music's noblest gestures." |
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