The Official Funky Management Blog Based in the Washington, DC Metropolitan area, we are an artist management and representation company dedicated to discovering, developing and delivering exceptional talent to the world.
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VIDEO (click Here): Late Night Protest On U Street Of The Zimmerman "not Guilty" Verdict.
VIDEO (click here): Late night protest on U Street of the Zimmerman "not guilty" verdict.
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According to Billboard SoundScan mid-year numbers provided by A2IM, report, indie labels hit a record high with 34.4% of the overall market share based on master ownership (not distribution). That's up from last year's mid-year mark of 32.9%. Top selling independent label artists so far this year include:
(noted in album/TEA sales)
Mumford & Sons - 1.1M albums (Glassnote Records, combined album totals for all their releases)
Macklemore & Ryan Lewis - 670k albums (Macklemore, LLC)\
The Lumineers - 660K albums (Dualtone Music Group)
Taylor Swift - 635K albums
Jason Aldean - 310K albums (Broken Bow)
Vampire Weekend - 275K albums (The Beggars Group)
Alabama Shakes - 250K albums (ATO Records)
Queens of the Stone Age - 150K albums (Matador Records)
There are many examples of the benefits of working in harmony with nature. When first venturing out beyond home a child is taught to walk with traffic. A carpenter achieves a cleaner result by going with the grain rather than against it. In sports a team succeeds by taking advantage of what the defense gives them, and there are countless other examples that express why it is better to work with the flow rather than push against it. For the past ten years the recorded music industry has ignored this strategy, and stubbornly clung to a business model that is no longer in harmony with they way people consume music by predominantly releasing albums in a single song economy.
According to Nielsen Soundscan, in 2011 there were 1.374 billion digital transactions last year. Of those only 103 million or 7.5 % were for albums. This means that approximately 1 out of 14 times a consumer went to buy music online last year they were purchased an album. First with Napster and MP3s, then iTunes and the iPod, and now with streaming services like Spotify and Turntable.fm–the music consumer has repeatedly demonstrated that they prefer single songs to albums. Despite this fact, nearly 77,000 albums were released last year.
Rather than change strategy to work with this reality, most people in the industry just complained that it wasn’t fair, and continued the status quo. I believe there are several reasons for this. The first reason is that labels believe they can make more money selling albums. The second, is that marketing and sales processes were built for the album system and that makes it difficult to change. The last reason is because artists believe they are supposed to make albums either as a musical statement or as validation of their professional status.
This essay will attempt to prove that all three of those reasons are not necessarily true, and that selling single songs can be better promotionally, artistically and financially for artists and labels.
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Ibiza has been on the rocks for quite some time including recent allegations relating to selling alcohol to minors and assault charges at an ABRA show, but now it finally looks like that most infamous of NoMA nightclubs is finally calling it quits. According to a post from Prince of Petworth, Ibiza nightclub has just filed for Chapter 11 bankruptcy on July 3rd.
Earlier in May, Pop learned that the club was selling its space for $4.5 million with an eyebrow-raising 'nude dancing license' included in the offer to sweeten the pot for whoever the hell would need such a thing. I suppose all good things have to come to an end...which is an idiom that really doesn't apply here since Ibiza has been a pretty terrible place to grab a drink or go dancing in D.C.
Here's for my fallen homies (*cracks open Red Bull Can, opens cheap vodka bottle, pours both simultaneously onto curb*)
Check out some footage from the Welcome To Forever Tour at The Fillmore in Maryland June 23rd.
Lyriciss - 0:29
Uno Hype - 1:18
Alan Johnson - 2:04
QuESt - 2:27
Logic - 5:06