Tag Archives: Music industry

Digital Music Revenues on the Rise

DAB Digital Audio Broadcasting

Musicians: If you haven’t jumped on the digital music bandwagon, it’s about time you do. Otherwise, you might find yourself left behind in a few years, according to this recent Forbes Magazine article.

By 2015, the digital music industry is expected to reach $20 billion in revenue, with a 20% compounded growth each year between now and then. The article also addresses how, most musicians, are not capitalizing on the benefits of the digital music phenomenon.

Are you? If not, considering doing so soon, or else your music will become as obsolete as cassette tapes.


Industry News: Universal Music Group Promotes Jeffrey Harleston

Mary J. Blige posing for the photographer Mark...

Image via Wikipedia

In breaking music industry news, Jeffrey Harleston has been promoted to general counsel and executive vice president of Business & Legal Affairs for North America. The promotion is effective immediately.

Prior to joining UMG’s corporate legal team, Harleston was the executive vice president and general manager of Geffen Records, home of Mary J. Blige, Common, Snoop Dogg and other award-winning artists.

 


Making money in the music industry panel today at Columbia College

A CD Video Disc (playing side) produced in 1987.

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The Chicago Music Commission, led by legendary music photographer Paul Natkin, is hosting a program on making music in the industry tonight at Columbia College (618 S. Michigan, 2nd floor). The program, taking place at 6 p.m., will feature the hip-hop duo the Cool Kids, along with the authors of “MUSIC MONEY AND SUCCESS: The Insiders Guide to Making Money in the Music Business.” Panelists will discuss licensing deals and more.

The program is sponsored by the Chicago Music Commission, along with Columbia College and the Recording Academy.

You may remember my recent sit-down with Paul Natkin, in which we discussed how the business model of music is changing.


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