(referred to as Indie) labels shed a picture on the evident control money and muscle affords the parent companies (i.e. the major label). The musical expression and the business behind the release of such prove to be as crippling to contractors (i.e. artist/performers) as many of them in modern day are translating through their music‚ actions‚ and social media platforms. The file in suit actions of management isn’t only crippling to contractors but also to the independent label itself and the consumers
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My Record Company Rome Bougere Bus/210 3/24/2013 Mrs. Lipford My Record Company Panther records is a family based company. What it is that we do‚ is we manufacture and distribute our product? By means of retail shops‚ and now with the booming wave of the internet‚ the market has become more open. We are learning that is not too difficult to create your own brand‚ it’s the making the brand successful is what takes the talent. Entrepreneur The term entrepreneur‚ as defined
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The Evolution of Consumer Perception Towards Private Labels Introduction In the 70s private label brands‚ then called "generics"‚ were introduced by many retail chains and outlets (Paché‚ 2007). These products‚ usually packaged in plain homogeneous design with a white background and bold black letters stating the contents‚ and of a generally low quality‚ were issued as a response to the economic downturn in America and Britain‚ the first real recession since WWII. The end of the post war
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reduction of seats and ticket prices which negatively lowers revenues and eventually affects profitability especially if expenses incurred exceed revenues gained. As a result the artist then gain a lower share of profits so as her agents‚ promoters and record label. Exhibit 1 below shows the economics of the big and small venue. The small venue tour is not profitable as shown by the loss of profit/show (due to high cost incurred) and overall show profitability loss of $ 3‚450‚000 against $6 million start
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websites like 4shared.com and MEGAUPLOAD.com. As having friends in the Music Industry‚ I do believe people should not break the copyright law and instead pay the music artists for their work. Although this ongoing issue is in a way hard to control‚ record label companies‚ Internet service providers‚ along with governments around the globe should associate more to carry out existing solutions that would end digital music piracy. In these Peer-to-peer file-sharing sites people would download and upload
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successful as he was because of Sun Records. Sun Records‚ originally a “black label” was home to many Rockabilly and Rock and Roll artist. In the early 1960s‚ it suffered sever financial woes because their “Race Records” weren’t selling. To help them out they incorporated white artist such as Elvis and Carl Perkins. When white people
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Impact of New Media in Music Industry Introduction In the recent years‚ there have been changes in the structure of the Music industry and the paths that have been used for creating‚ promoting and distributing music. Most of these changes resulted from the advancements in technology‚ which affected both economic and technological structures of the industry. The digitization of music and its migration on to the Internet has been one of the biggest challenges to the traditional music industry. Ever
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25 November 2013 [MARKETING TOOLS ANALYSIS] U - CURVE Jacobson (1985) observed that higher ROI is earned by companies that are able to charge higher prices‚ most likely because of successfully differentiating their products and the firms that operate at cost advantage. There is seemingly a positive correlation between market share and ROI. The economies of scale‚ market power‚ and quality of management are some of the factors that make market share profitable. As market share increases
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Additionally new companies would have to spend large amount of capital in effort to sway consumers to purchase their product over the larger music labels. Reference: McConnell‚ C. R.‚ Brue‚ S.L.‚ & Flynn‚ S.M. (2009). Economics: Principles‚ problems‚ and policies (18th ed.). New York: McGraw Hill/Irwin McDonald‚ H. (2011) Big Four Record Labels. Retrieved from: http://musicians.cm/od/musicindustrybasics/g/BigFour.htm #2 INDIV DQ DUE Day 5 (Saturday) What market structure best characterizes
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with Straits Records - their type of label is still indie-‚ which is a local record label dedicated to develop and promote original local and regional music. Straits Records believe in integrating music with various art forms‚ cultures and social issues/politics as a channel and vehicle‚ for entertainment and creativity as well as education. Also‚ Straits Records actively organise music events at venues such The Arts House‚ The Substation‚ Esplanade and many more. Bands under their label have tours
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