Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

11.13.2011

Ontology of vibration: economics, music and number

Photo Cred
This is a podcast by Marcus Schmickler
"Is it possible to approach developments in music by its relationships with money? Can we gain insight into societies by means of their relationship to music? Music serves as a mirror, as a prophecy for society because it reflects developments faster than anything that materializes. 
There is an obvious simultaneity between music and economical developments, between music and mathematics and between mathematical and economical relationships. How better could we navigate through these dichotomies than through number, their common foundation? Ultimately, while we look at the connections between both number and music, how does music and its matter, frequency, correspond to (an ontology of) number? This mix revises some of the more recent musical works explicitly drawing from mathematics and number."
Listen HERE
Pdf HERE


10.03.2011

#OccupyWallStreet

Thank you to all the protesters occupying Wall St. right now.

We are a country built on shared sacrifice and civic duty. We are a nation of immigrants. We are a nation which, at our best, thinks flexibly about problems as they happen and works through them with the messy and slow process of democracy. These protests are voicing the myriad arguments for equitable economic reform and against the dismantling of corporate regulation, the dissolution of the social safety net, and the elimination of workers rights.

Our economy is careening off course in part because Wall St. was bailed out without any major rethinking of the 21st century economy and what it will actually take to reinvent our workforce and get people back to work.

We are so connected right now through technology, but seemingly helpless to sustainably reinvigorate our economy. We are not in fact helpless. We can correct the course of our economy through political reform, personal responsibility, and ingenuity. The issues raised by this emerging movement are clear:

#StudentDebtForgiveness
#CloseTaxLoopholesForTheWealthy
#ProtectOurSocialSafetyNet
#DesignEducationForThe21stCentury
#RebuildInfrastructure
#MakeHealthCareAffordable
#BuildAGreenEconomy
#EndTheWars
#EquitableImmigrationReform
#EqualRightsForAll

Keep Marching. Keep fighting. Keep talking. Keep working and we will change the course of history.



12.13.2010

Are Record Labels Necessary?


photo cred

This is a question that I've been asking myself a lot lately. It seems clear that musicians have more access than ever before to all of the resources that record labels traditionally offer (distribution, marketing, recording facilities, design, replication). But for some reason when you look at the CMJ Charts, the new releases in Rolling Stone and Spin, on "subculture" magazines like Fader or Vice, or even in most high profile blogs and websites (Pitchfork, Stereogum, Brooklyn Vegan) they are still filled almost exclusively with "signed" bands. When a band like Clap Your Hands Say Yeah blows up with a self release it makes headlines that repetitively trumpet the "liberation of the artist in the internet age," yet these are still headline-worthy events rather than standard occurrences. Also artists like Radiohead, Nine Inch Nails, and Jill Sobule do really well with their fan-funded projects, but what is rarely mentioned is that all of these artists had the enormous help of record labels in developing their brands and cultivating their fame. Now they are able to capitalize on all of that but it still puts the record label at the core of artist viability. In this article I'm going to try and parse the continued relevance of the Record Label from the habitual reliance on it as a model for success. I believe that ultimately labels will start to look really different, and I think that figuring out why they still exist at all will help us develop a better model that connects musicians to the future of the music industry rather than the past.

(Full Disclosure: I'm working on developing a new model for my own label, but I'm writing this as a self-releasing artist, which I always have been)

PART 1

So let's start out with what record labels do, and how that has changed because of digital technology...

Distribution:
What Labels Do: Record Labels traditionally connect artists with merchants and locations in which to sell their music both online and in stores.

Why we don't need it: Tunecore.com has basically blown this wide open with a flat fee for worldwide distribution. Within 24 hours an mp3 you record in your bedroom can be purchased on itunes around the world. So while getting your music in a Record Store is still difficult, it is increasingly irrelevant. Almost all young people discover music exclusively online, and so easy access to Digital Distribution has now made this once essential function of the label largely optional.

Marketing:
What Labels Do: Labels are able to offer capital for print ads, professionally designed marketing campaigns, branding and social media outreach.

Do we need that? Well, through social networking one could make an argument that you have all you need to promote a release but unless you already have a large committed networked fan base or a viral video you will still need to spend some money on marketing. This is why most musicians are wisely turning to making videos as promotion. Most "Indie PR" firms seem largely ineffectual from my end, and since they are pay to play rather than "curated" like labels, they don't seem to carry very much influence.

Recording Facilities:
What Labels Do: Labels have access to established producers and studios that are able to produce consistently high quality recordings. These resources help recreate the aesthetics of recorded sound that artists and labels have codified through decades of experience. In other words they can make records that sound like what people are used to hearing. Labels also are able to hire professional mixing and mastering engineers that make a huge difference in the final product.

What do we have: High Quality Recording technology is available for extremely cheap which means there are thousands of talented producers that have very humble resources but, with practice, can produce a product indistinguishable (by a mass audience) from a professionally produced recording. Mastering and mixing are also getting cheaper and easier though no less important.

Videos and Visual Design:
What Labels have: Labels may have established relationships with designers and artists that help design artwork, produce videos, design web sties, and style photoshoots. Most importantly Labels have capital to hire all of these people.

What we have: All of this has become more accessible through computers, cheap camera technology, and wonderful sites like cashmusic.org. Though creating something visually iconic, viral, and/or brilliant is still a high art that requires some resources.

Replication:
What Labels Have: Traditionally labels were able to print massive quantities of recordings for mass consumption.

What we have: There are dozens of replication facilities that will produce as few or as many CDs or vinyl as you like. Ulitmately though the CD making businesses seem to be in trouble. They got a big boost as artists starting self-releasing but I can't see indie artists shelling out for printed CDs for much longer.

Licensing and Placement:
What Labels Have: Relationships with music supervisors, film studios, and ad agencies is one of the most important things that labels have and are working very hard to maintain. These institutions and individuals have become de-facto tastemakers for indie music. Getting your song placed on Grey's Anatomy, or an iPod commercial (Chairlift) has become the new way to "be discovered."

What we have: There are sites popping up that offer artists a chance to get licensing opportunities, but I'm not sure how well these work. I'd love to hear anecdotal evidence in the comments. My sense is that a lot of music supervisors read blogs and are constantly on the look out for "it" bands of the moment. I'm sure there are areas of licensing that are democratic, but it also really depends on who you know. If I were a music supervisor I wouldn't necessarily want to use a site where uncurated acts submit there music for a fee. It's easier to find music I like on blogs. This area seems to be where labels still might have sustainable clout.

Tour Support and Booking:
What labels have: Here's an example of the mystical power of a label. A booking agency is very unlikely to take on a totally independent act without the support of a label. But the minute you get signed to a label you'll most likely need a booking agent, even if you still have little draw. The agency will assume that your label will help you develop a good following. Also venues will take you more seriously if you are on a label they recognize.

What we have: Booking was one of the first elements of the music business to move completely online. No one sends packages any more. You send emails and based on your perceived online hype and could feasibly get a gig anywhere. Venues are often democratic, if you can get people in the door they will book you. But again, do you need the label to help you get people in the door? I find that booking is something anyone can do, but it is also one of the most time consuming jobs that takes a certain skill set and a lot persistence. Labels still give you legitimacy in the eyes of established booking agents.

The Status Quo:
What Labels Have: Seems to me that the biggest advantage that labels have (which may also be their downfall) is that they are connected in the old machine of the industry. So for instance, it would be so great to self-release and not print CDs. However magazines and radio stations still require hand mailed hard media. This means that distributing your self-release with a good chance at showing up on college radio and in music magazines is prohibitively hard for most small artists. Ultimately I guess these institutions will go online for submissions. I think part of the reason we don't know what record labels are going to be like in the future is because we don't yet know what records will be like in the future. To me the video world is the most clearly ascendant force, and perhaps a full length video (like Kanye West's Runaway) will be the standard "packaging" for a musical release.

What we have: We can decide for the future how music will be released by doing it ourselves in whatever way we want. But it might be a slow climb trying to get Spin Magazine to read your unsolicited emails.


PART 2

So on looking at the list above it seems like labels offer 2 fundamental things: Resources and Status.

Resources: Resources may come in the form of money or access to some or all of the things listed above. The range is wide (but definitely don't sign to a label unless they are offering you some of those things.)

Status: The Label is still one of, if not the, most powerful curatorial force in the music industry as far as I can tell. Being signed basically means that someone has decided to put resources behind you. This is valuable to the musician undoubtedly, and useful to the writers and venues that are sifting through thousands of artists. The question I have is: Is it worth signing away 50% of your profits to gamble on whatever status you may or may not achieve through the label. Most artists take the oppurtunity to sign with a label still because "50% of something is more than 100% of nothing."

An established artist actually fundamentally shouldn't need a label. If an established artist can raise money through fans or from personal wealth he or she can do essentially everything that a label can do and then keep all of the royalties from sales and make potentially ten-fold what he or she might make from a label release. In fact an established artist that ditches the label and then goes independent might get all sorts of indie cred. This is great news for famous people, but what about artists that aren't already famous?

What I've noticed is a very specific type of artist as the new template for success. This is what I cal the Artistpreneur. The Artistpreneur is a type of Artist who is as invested in fame and success as they are in art. And these artists have been enormously successful in the current landscape of the music industry. They work tirelessly to develop their brand, promote themselves, get noticed in any way possible. They are compulsive tweeters, social networkers, bloggers, vloggers, and emailers. The proliferation of this type of Artist has opened up a new pathway to success as a musician but I would also argue that it has created its own type of homogenization. The Music Industry has been much maligned of the years for developing formulas for success that it pushes onto its artists, but I might argue that internet culture has done the same thing. Internet Culture has created an imperative to be an Artistpreneur in order succeed. "If you don't succeed it is your own fault because everyone can make a youtube video." This whole question brings me to try and understand how does the new relationship to artist success show up in culture.

In the old model of popular music the record labels functioned like gardeners who chose which seeds to plant and cultivated them carefully. The minute anything else would start to grow in the garden they would carefully prune it and claim credit for it. Right now the musical landscape is beginning to look more like a Jungle. Sure the labels are still planting, but things are growing completely out of their control. I support the jungle of culture because it means that there is more culture available and thus more cultural conversation overall. I believe culture creates nuance and intelligence in society and is crucial for an intelligent. In the jungle culture, labels' resources are becoming less valuable, but their ability to bestow status might be becoming even more important. Basically the noise floor is raising, which means that more and more artists are being heard which makes it harder to stand out. Labels help you stand out a little, but mostly only to the extent that their reputation and resources allow.

Ultimately maybe there will be a broad wiki of emerging artists that could be a democratic ladder of recognition that artists could climb. That is sort of what myspace was about 3 years ago but now myspace is a cyber ghetto and the internet is flooded with sites trying to be the home of emerging bands. Facebook has the clear opening to be that site but it's band/pages platform is a miserable failure which has caused bands to seek out other locations. It would be beautiful to see artists able to convert hard work and online presence directly into a sustainable career, but as of now lawyers, labels and managers still hold on to a lot of power. What is also missing from this conversation is the whole design of publishing and copyright law which is still stuck with dozens of out dated rules and complications. The complexity and arcaneness of these laws also keeps record labels in business.

One online platform that is missing is one that assists self releasing artists in distributing fair royalties to their collaborators and band members. If this platform existed, established artists might be more interested in working with self-releasing artists because there would be a clear system in place for them to be paid upon the success of the collaboration.

As we move forward into the internet-based future, artists will become more empowered and labels will have a looser grip on their work. Labels however, still serve the crucial function of providing status and resources, and they consistently are a key element as artists leap from struggling to successful. The traditional label model seemingly becomes less profitable by the day but artists are still dependent on them to provide the capital for their success.

We are in a clear transition period right now, and I'm hoping for an evolution of online tools that will bring a sustainable career more consistently within reach of self-releasing artists.





5.09.2010

Consumer Culture, Post-Scarcity, String Theory


Sculpture: "The Great Indoors" by Aurora Robson Photo Cred

Questions from my student Alberto De Icaza and Jaime Arreola

What's consumer culture for you?
Consumer Culture is a process by which people only interact with the creative dimension of human activity through purchases, marketing, and consumption. It is the fusing of the traditional act of experiencing creativity by humans with the viral/vermin activity of consumption/colonization.


How has it affected society?
That is a long and complicated question, but I have to admit that I'm not a anti-market idealist. I think that a regulated free market creates the possibility for innovation and art. I'm most interested in the fact of our scarcity economy. Which means that our entire economy is based on the idea that resources for survival are scare and therefore valuable. In this framework millions of people are without the means for a happy and healthy life. I believe that our scarcity economy won't last very much longer in the scheme of things. Once science is able to effectively manipulate material at the quantum level abundance will be the law. This however is a trade off, because we will be dealing with a dismantling of nature. Millions of other problems will emerge in a post-scarcity economy: nano-toxicity, out-sourcing of human activity, runaway economic models, etc. We think we have a consumer culture now, wait until our economy starts to harvest celestial bodies for raw materials. We will long for the days when people just wanted a house.


How has it affected Art?
I believe that culture (and by extension art) will always have a tricky relationship to consumption. Artists generate, and that calls out for someone to consume/experience. I can't in good conscience disown generative activity, because that is why there is something instead of nothing. The Universe (Multiverse) generated matter. Humans have been trying to understand that through art and science forever.

We shouldn't disown consumption completely because it is fundamental law of nature. From a scientific perspective, consumption is just the front end of the transformation of materials. Matter changes form but never (or rarely) ceases to exist. Many people are worried about the earth, but the earth will go on for a very long time, it's life that we are endangering. We can look out into the universe and witness how rare life is. It is immensely improbable that we've been able to evolve into intelligent life. What we are doing through thoughtless consumption is reconverting the world back into something that doesn't sustain life. That was the same state it was in for billions of years (Venus is an example of a planet with a runaway greenhouse effect). So I think that whether we like it or lot, the only way out is to generate a solution. It is too late to "Stop Consuming" in order to "Save the Earth." Those are cliches that don't own up to the way that humans really act. To generate a solution is the great responsibility of artists, visionaries, scientists, and everyone alive right now.


How has it affected Music?
Music is like the earth. It lives on in spite of all of the hideous things that people do on its surface. The music industry is eating itself (metamorphosing), which is fun to watch, but ultimately that is all surface work. People will continue moving in rhythm and collectively enjoying repetitive and patterned organizations of sound. It is part of the fabric of humanhood. Music is one of humanity's most astute re-enactments of the nature of quantum reality (string theory). It's hard to even talk about string theory without invoking music as a metaphor (for me anyway). So maybe the better question is, how will music (and musicians) enable us to finally understand reality?


Is there a solution for it?
Sounds like you wanted an answer I didn't give. I think there are solutions for everything, but they require us to understand that we can't think well enough yet. I like to ponder the leap that Einstein made when he realized that Gravity and Time are relative and that the speed of light is a limit. In this discovery he leaped into an entirely inconceivable echelon of thinking, and he pulled all humanity with him. That needs to happen many more times for humans to survive and understand what is really happening in our Universe.

5.05.2010

Why is there Something instead of Nothing?

So I was visiting my friend George Raggett at his delightful and commericial/non-commercial hybrid art/charity/kiosk/installation called The Museum of Commerce. It was spectacular to just be so confused by the purpose of a place of business. I was lucky enough to see someone else come by and be confused too. In a gallery, I get to experience art but I feel the constant (and threatening) hum of business underneath the surface of every piece. George has flipped that on its head. He's plopped himself in and among chic DUMBO boutiques, while maintaining a commitment not to sell hardly anything but a $2 catalog with no writing in it (half the proceeds go to Haiti) and he gives you a free poster just for walking in the door. This is a brilliant new business model: Don't sell anything or try to make money, just act like a business. And odds are it's going to work out great in the art world. I think there are a lot of scenarios in our current economics where the more money you make the less you have. George elegantly enacts that paradox for us. While sitting on a chair that he will admit he stole from his kitchen table at home. Music is free now, and so is art apparently.

3.20.2007

Indie Rock Hueristics?

Great essay on coolfer about the ridiculousness of SXSW.

My wish for SXSW 2008 is for a trained economist or a consumer behavior expert -- or at least Malcolm Gladwell -- spend four days in Austin examining the competition for attention given scarce resources and even scarcer consumer attention. A marketing researcher would love attending parties at SXSW. The overkill of third-party sponsorships, branding efforts and promotions is a microcosm of American marketing inside a tiny geographical space. An academic take on the week would make for great reading.

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