Power Top Ten
1. The Promoter
Because he’s got all the money. Used to be the label had all the money. What money the label has left is being given to the executives. And the lack of remuneration to acts has them looking elsewhere. And the only other person paying is the promoter. But he’s too stupid to realize his power. If a few promoters just started saying no, the whole business would change.
Presently, the promoters give all the money to the acts, to their detriment, they can’t seem to help themselves, they’re like sports team owners, protect me from spending again! But the NBA owners made progress and so can the concert promoters.
He with the money wins.
2. YouTube
It’s all about exposure. Over time, YouTube’s power to break an act will fade, as streaming services gain further adoption, because music is something you hear, not see. But right now YouTube is our national jukebox. Make sure your music is up there, even if it’s just scrolling lyrics in the frame.
Don’t equate YouTube with Vevo. Vevo puts money first, image second and listeners third. YouTube’s got it right, make it easy for listeners to find and experience the music they want to.
3. Facebook
Because that’s where you tell everybody else what you’re listening to, that’s where online word of mouth takes place, especially now with Spotify/streaming service integration.
The way you break an act is not by getting it on TV or radio but by fomenting word of mouth. And when this conflagration takes place, which is rare, be ready. Make sure your music is on YouTube, Spotify/streaming services, and that your homepage is easily navigated (NO FLASH! – and it doesn’t work on iPhones!) and allows people to listen to all your music too. The worst thing that can happen is someone wants to check you out and you’ve got the music locked up behind a pay wall. That’s old school for old farts.
4. Irving Azoff
Because he’s the promoter and the manager. But Live Nation has to a great degree missed out on electronic music. Irving Azoff is riding the horse of today extremely well, but the horse of ten years from now…I’m not so sure.
5. Coran Capshaw/Red Light
His time has finally come. Not only does he have management, a label and concert promotion, he’s now got more successful acts than just the Dave Matthews Band, hell, he’s got Pretty Lights! Capshaw’s got a young team that’s aggressive and has its finger on the pulse. Unfortunately, there’s so much dead weight it threatens to sink the ship, there are too many B & C players, but unlike Frontline/Live Nation, Coran is thinking about tomorrow. Frontline/Live Nation is about what’s selling today. But now, with so many managers of hit acts aligned with a conglomerate, it’s about ferreting out what’s going to sell tomorrow.
6. Ticketmaster
More innovation here than at any label or any competitor. And unlike the RIAA and MPAA, Ticketmaster is trying to turn around public perception, it’s trying to get on the side of the people. There’s money left on the table in the music business, and only data will tell us where it is.
7. Agents
It’s less about power and more about being on the side of the artist. No one is more powerful to his acts than Frank Riley. And when it comes to the big picture, Marc Geiger is the visionary. You need a representative who can nurture your career. Who is willing to leave some money on the table to ensure your longevity.
8. Spotify
Because you’ve got to listen somewhere. And everything is there and everything is free and people will pay for streaming on their handsets, they just don’t know it yet. It’s all about seeing the future. Didn’t everybody say Apple was dead, even after Steve Jobs came back? Don’t get stuck in the past catering to a vocal public which says it abhors change and ultimately embraces it.
9. Mobile
Digital photography killed Kodak, the prognosticators were right. These same prognosticators have been stating for years that mobile will triumph, the sun is rising on mobile right now. Smart phones are almost ubiquitous, it’s all about portability. You want people to be able to easily access information about your act on their mobiles, a mobile-compatible site is worth it if you’re a star, and also make sure your music can be heard on a mobile via streaming.
10. Radio
At the bottom of the list and continuing to fade. Because radio believes its responsibility is to anybody but the listener. Terrestrial is all about the advertiser. Satellite is terrestrial without commercials. Pandora is tune-out city. People will not sit and passively listen, that’s a declining paradigm. To believe radio continues to triumph is to believe people won’t use their TV remote control, won’t flip from station to station. Radio’s great for talk, pretty lousy for music. But it can still build acts today, which is why it’s on this list. But it should be in your rearview mirror, or else you’re gonna end up in the rearview mirror.
Not On The List:
"Rolling Stone": Jann Wenner cares about politics more than music. The brand means nothing to the younger generation. Can be an interesting read, but running on fumes.
Lucian Grainge: Thinks his competitor is Doug Morris, a septuagenarian who believes a radio hit means everything. Lucian should worry about Live Nation, not Sony Music.
Jimmy Iovine: He doesn’t care about music, he cares about money.
Sonicbids, et al: About money, not music.
Songkick: They care about music more than money and like too many kids just don’t realize how business works, they’re no match for Irving Azoff.
Apple: Its failure to go into subscription music services is like BlackBerry refusing to embrace apps/hand-held web-surfing. The future is subscription. If Apple doesn’t control it, it will lose power. Hell, it’s already lost power in the handset business, Apple controlled MP3 players with its iPod, but Android is a worthy competitor to the iPhone.
TV: There’s no reason to watch an act on television when it can be pulled up, on demand, on YouTube.
"American Idol": That’s show business. Music is going back to being the hottest of media, something that speaks directly to your heart and soul. To think Jennifer Lopez is about music is to believe Heidi Klum can sing because she used to live with Seal.
"X Factor": Simon Cowell has a will to survive. And he will do his best to do so. Mark Burnett doesn’t need "The Voice", Cowell needs "X Factor".
IMPALA: Because you can never win with a legal strategy. Just ask Tivo. Independents can do nothing but complain. They’re almost as ancient thinking as the acts and almost as broke. They yearn for a past like the one in Nick Hornby’s "High Fidelity", but that ain’t gonna happen. Music is gonna triumph, but how we listen and how we pay are going to be completely different.