Warner CEO Edgar Bronfman Remains Optimistic On Music Biz Growth Potential
Posted September 20, 2007 — in Music News
Warner Music Group chairman and CEO Edgar Bronfman remains optimistic by eyeing industry growth potential. He sees a future for digital rights management and physical product in the music industry, although maybe not in their present forms.
Bronfman also said they will now invest in new and mid-tier artists with the expectation that it will share in all the artists’ revenue streams that could include touring and merchandising through helping to build other revenue streams, whether that be hosting and selling off of an artist’s Web site. He also said major music labels did not not create a website to offer music because the profit margins are not attractive.
TV turns to internet and will offer Free Downloads…
NBC Universal, acknowledging that viewers are increasingly moving away from traditional television viewing, announced plans for a service that will make popular NBC programs available to download free to computers and other devices.
It appears that California based band Thriving Ivory has signed to Wind Up Records. This band has put in their duties. Check them out in KOAR’s New Music and Recommended Listening Column.
They need to invest in me! I’m ready to follow up my 365 Songs in 2007 project with 365 Shows in 2008!
Comment by Tim Walker — September 20, 2007 @ 1:35 pm
Seeing Thriving Ivory on Saturday, can’t wait.
One of the best unsigned acts (or at least were) around in my opinion.
Comment by Dallas — September 20, 2007 @ 4:51 pm
I have been telling A&R people and managers about this band for a while now….lol its not like windup to sign a band like Thriving ivory…Looks like someone over there wants to actually make some money!! Good job someone!!
Comment by Cris — September 22, 2007 @ 4:16 pm
Caught ‘em last night, great show here in SF.
Comment by Dallas — September 23, 2007 @ 10:43 am