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ABA Forum: DIY Music in a Myspace World - How Do Labels and Artists Measure Success in Today’s Music Business?
Robert Windham | Stanley H. Schneider | Terry McBride
Terry McBride is co-founder and CEO of Nettwerk Productions, the largest independent record label in Canada. Since its inception in 1984, McBride has grown Nettwerk into a diversified artist services empire, encompassing Nettwerk Records (a record label), Nettwerk Management (an artist management firm), Nettwerk Music Publishing, Nettmedia (a web and digital media enterprise), and Artwerks (a graphic arts and fashion design house). To date, Nettwerk releases have sold more than 100 million copies worldwide. McBride was also one of the creators of the Lilith Fair, a pioneering all-female performer concert tour that enjoyed great success for several years in the late 1990s. |
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Description: In this clip from the 2007 American Bar Association Forum on the Entertainment and Sports Industries, the panelists discuss whether per-unit album sales are a good measure of success in today’s music industry, and whether the answer is the same for master owners and artists. They also discuss whether the other revenue streams – songwriting, touring, downloads, ringtones, etc. – are more or less relevant than album sales as a metric of success. They also address the issue of music fans, and whether albums sales really reflect the full range of an artists’ popularity in the marketplace.
Shoot Date: October 2007 |
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