Guitarist and vocalist for THE PRESIDENTS OF THE UNITED STATES
Now doing PR for non-profits (Pyramid communications)
With Guitar – Playing some velvet underground (started with Kum-Bay-Ya)
Junkies skulking in the shadows – like web2.0 business – lots of money but no clear way to do it
quiick sketch
explain business model in clear manner
draw a contrast from business to music business
manager – 20-25%
business manager – 20%
lawyer 5%
publicist – 4k per month
marketing – 4k/mo
touring – easiet to control revenue
revenues, corporate gigs
your recordings
publishing income (writing the songs)mechanical royalties, folio publishing
performance income
merchandise – anything not music – large part of profit off of merch
integrating advertisers into site (not just cpm) – dogster and catster.com
Dave – iTunes is hugely successful for them
notin the music business anymore – music is a piece of it
what will bridge the gap
hands on with marekting and promotion
how can we help music people get it – whats the end game?
Shannon – music is microcommunity world
small passionate communites that are not geo but cenereed on passion
podcast hotel
Corey from IODA – big deal for mech publishing
dist to ituenss napster rhapsody
buy links with music file on the blog post – IODA pushes it through promonet
eventful – pushing fans and artists together
digital music distro – live performance and events
increase upside for artists
nobody wants to put their balls into one vice
apple vert integrated – transititonal step
music – online – is at 1/2 % of potential
music – is it a democratized industry
Warner Bros guy – relationship with artists can be closer
net – better platform for fanaticism
great session