{"id":4533,"date":"2011-09-08T12:59:12","date_gmt":"2011-09-08T20:59:12","guid":{"rendered":"http:\/\/lefsetz.com\/wordpress\/?p=4533"},"modified":"2011-09-08T13:08:29","modified_gmt":"2011-09-08T21:08:29","slug":"consolidation","status":"publish","type":"post","link":"https:\/\/lefsetz.com\/wordpress\/2011\/09\/08\/consolidation\/","title":{"rendered":"Consolidation"},"content":{"rendered":"<p>You&#8217;ve been sold a bill of goods.<\/p>\n<p>You read &quot;The Long Tail&quot; and believed a new era was upon us, an egalitarian one in which everybody got to play and be recognized, where music was plentiful and those making it survived financially&#8230;but this is untrue.<\/p>\n<p>Consolidation is always lurking.<\/p>\n<p>Happened with record companies. Happened in live entertainment. And it&#8217;s going to happen in the new world.<\/p>\n<p>Or another way of putting it is there&#8217;s only one winner online. One Google, one Facebook, one Amazon, and there&#8217;s only one iPod. As for the iPhone&#8230; Android may have penetrated the marketplace but what is fascinating is that the contenders have all collapsed, Windows, Nokia&#8217;s Symbian and RIM, and they&#8217;re not coming back.<\/p>\n<p>The titans can be toppled. But usually this only happens with a paradigm shift, i.e. the shift from physical to digital. It&#8217;s killing the major labels. But don&#8217;t think what eventually emerges won&#8217;t be similar, a limited number of players purveying a limited amount of music.<\/p>\n<p>No, it won&#8217;t look exactly like today. MTV&#8217;s out of the music game and it looks like the same thing might be happening in terrestrial radio. The new music will not sound like the old, but only a few acts will rule.<\/p>\n<p>I know you don&#8217;t want to hear this.<\/p>\n<p>But put yourself in the shoes of the listener. He&#8217;s confronted with chaos, he wants someone to make sense of the clutter, and the person\/site who does this will have all the power and ultimately all the money.<\/p>\n<p>Hipsters will hate these people. Because what will survive won&#8217;t be edgy, different and unlistenable. A level of quality will pervade, whether the records are made by committee or by individuals breaking new ground. Skill and inspiration, what a concept. It&#8217;s what listeners want, even though players might recoil at the thought of this.<\/p>\n<p>Because it leaves them out.<\/p>\n<p>Yes, you can make your music with GarageBand, even sell it on iTunes via Tunecore. You think you&#8217;ve made it, but you&#8217;re nowhere.<\/p>\n<p>And with everybody able to hear your music instantly, word spreads pretty fast that you&#8217;re mediocre. You just can&#8217;t shove what people don&#8217;t want down their throats. This is a sea change in advertising, in music. The product leads, it must be intrinsically good.<\/p>\n<p>So, like the Marines, we&#8217;re looking for a few good men, and women. Very few. You&#8217;ve got to be insanely great, it&#8217;s hard to become a Navy Seal and it&#8217;s going to be almost impossible to make it in the music game.<\/p>\n<p>Niches will survive. You can play and get traction like in no other era. But your odds of blowing up, crossing genres, is extremely limited.<\/p>\n<p>Because new people understanding the new rules are going to roll up the new acts. And everybody&#8217;s interested in money. They just haven&#8217;t got time to sell what&#8217;s bad, it&#8217;s too difficult, when people can sample and move on instantly.<\/p>\n<p>So we&#8217;re coming to an era of consolidation. There will be a limited number of sites\/players and a limited number of bands. And the public will like this.<\/p>\n<p>The only people left out will be the wannabes, who thought it was all going to be easier, those sour grapes individuals who always thought the man was against them.<\/p>\n<p>No, you just weren&#8217;t good enough.<\/p>\n<p>And you&#8217;re not going to be good enough tomorrow.<\/p>\n<p>And with good being the main criterion, it&#8217;s less important what kind of music you play than your ability to infect people and grow an audience. Anybody can make it. It&#8217;s about self-starting as opposed to getting a check from a major.<\/p>\n<p>But at the end of the day only a very few will triumph, will be ubiquitous.<\/p>\n<p>And the people in control of their exhibition will be few in number, and they&#8217;ll control all the acts.<\/p>\n<p>Meet the new boss. Same as the old boss. Just with less smoke and mirrors and transparent accounting. Get ready.<\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>You&#8217;ve been sold a bill of goods. You read &quot;The Long Tail&quot; and believed a new era was upon us, an egalitarian one in which everybody got to play and be recognized, where music was plentiful and those making it survived financially&#8230;but this is untrue. Consolidation is always lurking. Happened with record companies. Happened in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[],"class_list":["post-4533","post","type-post","status-publish","format-standard","hentry","category-music-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p96vPs-1b7","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts\/4533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/comments?post=4533"}],"version-history":[{"count":3,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts\/4533\/revisions"}],"predecessor-version":[{"id":4536,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts\/4533\/revisions\/4536"}],"wp:attachment":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/media?parent=4533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/categories?post=4533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/tags?post=4533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}