January 2013 - Kelli Richards

A Focus on The NAMM Show

Kelli Richards January 29, 2013

This Saturday, January 26th, at the Anaheim Convention Center, from 2:30pm-3:30pm PST, I will host an exciting panel of experts for The NAMM Show, “Bands Inc – Running Your Band as a Business (and as a Brand).”

At a time when digital distribution is the tail that wags the dog, it’s critical for artists and bands to see themselves as a branded business. They must be more responsible than ever to build a strong team around them, to embrace working with consumer brands to increase exposure and find funding, and to engage more actively in social media and D2F (direct to fan) initiatives.

*It’s worth noting that my Amazon #1 Bestseller, “Taking The Crowd to the Cloud – Social Media for the Music Industry,” will be re-released with new and updated info. With social platforms changing almost daily, anyone and everyone in the music space MUST be armed with step-by-step how-to and cutting-edge info.

The show runs through the 27th, and in addition to all of the new products and tech being unveiled at NAMM, there are great professional development sessions and unique product pavilions to explore. Year after year, NAMM keeps attendees on the cutting edge of business trends and new tech, and it’s a privilege to be a presenter there again. Join me on Saturday 1/26 and hear from some of the key players in the ecosystem who enable and inspire bands to thrive, as the industry continues to reinvent itself.

Kamran V, Founder/CEO of POP-AUT: Pop-Aut is an automatic, self-service payment service for creative collaborations such as film, music, games and art. Kamran is currently the Head of New Media Production for Interscope/Geffen/A&M.

Phil Sandhaus, Owner, Phil Sandhaus Productions: Phil is an artist manager, brand marketer, film/theater producer, and former label exec. He has worked with huge artists including the Rolling Stones, the Beatles, Bowie, Beyonce, and many others.

Jaunique Sealey, Owner, Jaunique Sealey Consulting: Jaunique is the former social media strategist for Lady Gaga, as EVP of Bus Dev for Atom Digital, and is now a driving social media marketing, digital content strategy and brand development leader under her own banner.

Jeff Price, Founder of TuneCore, Co-Founder & GM of spinART Records & Co-Founder of AAIM (American Assn of Independent Music): Change agent and catalyst in the music tech space, Jeff Price is a staunch and vocal advocate of artist rights and driving revenues for artists in the digital age.

Ned Hearn, Principal, Law Offices of Ned Hearn: A highly respected lawyer, Ned focuses on the intersection of entertainment and technology; clients have included labels, artists, songwriters, and start-ups among others.

You can find us on Saturday at the H.O.T. Zone section of the venue, Hall B, Rm 204-A on the Second Floor.

*To ask me to speak at your next event, email me at info@AllAccessGroup.com

Have Tech Advances Finally Led us into the Jetson Era?

Kelli Richards January 22, 2013

Late last year, a childhood animation icon, the Jetsons, celebrated its 50^th anniversary, and sci-fi giant Star Trek isn’t far behind. It’s hard to look around and not see the reality that pop culture so tongue-in-cheek predicted five decades ago. Yes, we have indeed entered an age where most of our lives can be controlled by the press of a button on a box in our hand. Case in point? No, it’s not your TV remote; it’s the Smartphone.

There’s very little our Smartphone cannot do at this point. It has invaded every aspect of our life and dazzled us with convenience. You no longer have to be frustrated if you leave your home and forget to move thermostat down (or up) to save energy and practice green habits. We now have the Smartphone-Controlled home, and it tackles everything you can think of – including the thermostat.

Smartphones now open the garage, adjust home lighting systems and thermostats – and even know your schedule and regulate your home’s temperature from afar before you get in from work each day. Does anyone else feel like we’ve finally entered the Jetsons era?

Are you ready to really think green? How about controlling different room temps, one room at a time.

Gratefully, green power advances are everywhere, even on the level of the individual home and person. Of course, tech cannot work without power – which those of us with friends, colleagues and loved ones hit by Superstorm Sandy last year learned on an exponential level.

One of the many Jetson-age products to address electric outages is The BioLite Campstove, which converts cooking heat to electricity.Burning twigs now produce electricity – enough to power small appliances (enough to charge your smartphone). No fuel needs, just collect the twigs in your area. It’s also lightweight – at only two pounds, there’s no need to even carry fuel. There’s also a bigger version to fuel a house: a wood burning stove that while emitting heat, it powers small appliances.

As tech advances continue on every level, it’s gratifying to see that they have invaded our homes and lives – affecting the world at large and our ecology for the better. It’s about time.

Kelli Richards

CEO of The All Access Group, LLC

Deborah Price

Kelli Richards January 18, 2013

Hewlett Crist

Kelli Richards January 16, 2013

John Cook

Kelli Richards January 12, 2013

2012 Music Revenue: Time to Update Our Model

Kelli Richards January 11, 2013

As 2013 starts to get under way, musicians and labels are starting to look back on 2012 to see how they faired. While the final numbers aren’t in yet, it appears that the music industry as a whole took a slight drop in album sales across digital and physical platforms. Preliminary Nielsen Soundscan data is showing a 4% drop in album sales, even with a 6% increase in digital downloads. This data can either be construed as good news or bad news depending on who you are and how you interpret it. Let’s start with the good news.

The good news is that the music industry is still here! It seems like every year the RIAA and the major labels are warning us that the music industry as we know it will be forced to shut down completely due to piracy and copyright infringement but so far that hasn’t been the case. As a matter of fact, total music purchases are at an all-time high, selling over 1.65 billion units in 2012 (a 3.1% increase from 2011.) This could be in part due to changing revenue streams and models, as evidenced by the increase in digital downloads. It’s important to note that Soundscan data doesn’t account for revenue from streaming, radio, or subscription based platforms such as Pandora, Spotify, YouTube, Rhapsody, etc. On that note, let’s look at the bad news.

While music sales are at an all-time high, streaming and subscription based services are on the rise as well. Spotify topped 5 million paid subscribers in 2012 while cancelling their paid download service that they unveiled in Europe in 2009, though it never quite made it over to the U.S. This is troubling for artists and labels because paid downloads returned more money to them. Similarly, Pandora posted a record number of listener hours and increases in revenue from the year before. The bad news is that both of these services pay fractions of a penny per stream. As a matter of fact, it would take 140 plays on Spotify and 700 plays on Pandora to be equivalent to the royalties paid from one download.

digitalmusicnews.com — Credit: https://www.DigitalMusicNews.com

So with no shortage of eager listeners and customers, the labels and distributors must find a way to start fairly compensating artists once and for all. Album sales may drop and revenue models may change but without the artist, the music industry will really self destruct. Let’s hope that 2013 will bring great new content to consumers by using new technology while the new technology and distribution platforms find a way to stay afloat while playing fair.

Looking Forward in 2013,
Kelli Richards
CEO of The All Access Group LLC