To Stream or Not To Stream

Being in the middle of negotiations regarding streaming VS physical goods on a constant basis makes this subject especially near and dear to my heart.  Til the end of time, the old guard will debate the relevance of streaming and the fact that it "killed the music industry" along with piracy... there is some truth to the statement re: piracy.  However, the music industry killed the music industry.  We weren't murdered.  We committed suicide.  Failure to adjust to the moving target which is our business is our own fault.  Business decisions should not be dictated by fear... but weighed and dictated by optimism.  

Simple fact.  Customers consume music in a variety of ways.  Some stream, some own.  To not engage those customers due to a fear of cannibalizing another income stream is short-sighted.  Streaming services pay... but so does Sound Exchange and the other PRO's.  In a a big way.  Revenues will be offset by other streams of income and at the end of the day the companies who realize this will be the ones left standing.  The ones who fail to embrace it will go the way of Eastman Kodak, Gateway, Betamax and the Polaroid camera.

 

Below is a link to NARM and DigitalMusic.org's new infographic on streaming.  This gives some good insight into the affect streaming has on No. 1 hits.  The results albeit not scientific are pretty telling...

 

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"I'm a Music Industry CEO. And This Is Why I Tossed Your Resume Into the Trash..."

The Following is from digitalmusicnews.com.  I am simul-posting it here for two reasons... 1.  It's a NASHVILLE music distribution position... and 2. His pet peeves with resumes are the same as my pet peeves with resumes. If you're going for the gig folks... know what the gig is and do your research!

"I'm a Music Industry CEO. And This Is Why I Tossed Your Resume Into the Trash...

The following comes from Lee Parsons, cofounder and CEO of digital distributor Ditto Music.  He recently posted this position online, and has now compiled a list of do's and don'ts for landing an interview (and ultimately, a job).
"I am CEO of Ditto Music, a digital distribution company. Recently we advertised for a customer services / marketing rep at our Nashville office...
I had to work through hundreds of applications so the smallest mistake was enough to make me hit that delete button, and there were some shockers.  Here are my top 20 tips on keeping your Resume out of the recycle bin and landing that interview.
1. Do be Specific.
If you want to work in music because you think it will be “fun” then you should speak to my CTO who can spend 10 hours a day checking spreadsheets. There are many areas of the industry, decide which one you want to work in and save yourself some time.
2. Don't tell me 'I have wanted to work in music since first picking up a guitar.'
Or 'music is my passion.' This makes no sense. Do you want to be a musician or do you want to work in the music industry?
3. Do as much research as possible.
Mike in our support team found out what bands his interviewer was into and was able to find common ground instantly.
4. Don't swear.
The word 'A-hole' counts as swearing. If you use this term then you will sound like an A hole.
5. Do include a great title in your email application.
A lot of people forget or just put 'application.' Take this opportunity to spark our interest.
6. Don't name your file 'My CV'
By the time I have 30 CVs on my desktop named this I have no chance of knowing who is who. Put your name in the file name. Lee Parsons.CV would be fine.
7. Do use PDF files over word files.
These are guaranteed to open on all systems.
8. Don't think that you can avoid sending a CV by sending a photo.
Yes you are very attractive, but that is not going to be enough to get you an interview. I could write another blog on how bad this application was.
9. Do research our competitors.
We want to know you understand the market.
10. Don't tell me that you need a 9-5 while you work on your music career.
11. Do mention that you love my company.
Even if you don't.
12. Don't, under any circumstances, tell me that you don’t understand what we do but are willing to learn.
It takes 30 seconds to read up on our company.
13. Do keep up-to-date with music industry related blogs, as well as writing your own.
14. Don't do Liam Neeson impressions via email.
This happened.
15. Do learn about SEO/social media, etc.
Whether you are going for a job as a label rep or a care salesman, a solid understand of marketing will show that you are here to build your clients business.
16. Don't write and send your cover letter via your iPhone.
I want to think you made the effort to sit down at your computer and write it out. This tells me you probably wrote this on the bus to work this morning.
17. Do keep your Twitter updated.
It's one of the first things I can check to get an insight into who you are.
18. Don't try and be too edgy (swearing / Liam Neeson impressions).
Some things don't translate well over email so be careful.
19. Do mention your experience.
If you don't have any then seek out internships.  An internship at a major label will mostly involve you making tea.  Pick an exciting startup or label and get as involved as much as possible.
20. Don't just look online for jobs.
Go to all networking events in your region. 80% of my friends who own companies ended up employing someone they were recommended through someone else.
My job application is still open. If you think you have what it takes and have read this thoroughly, we'd love to hear from you.
- Lee"
Full Post and many other great articles at Digital Music News

Product Review: NuForce uDac-2 (USB DAC)

Not very often am I inspired to write a product review, but I am quite smitten with my latest (and least expensive) audio purchase.  The NuForce uDac-2 is a "high-performance, Headphone Amp and 24bit/96kHz USB Digital Audio Converter (DAC) that connects your personal computer's audio to your home stereo, desktop sound system, or headphones to deliver superior sound. It improves upon our original uDAC model by providing a highly linear TOCOS volume control for improved channel tracking at low listening levels, a 24bit/96kHz USB DAC, and an improved headphone amp."  In English-  This is the most affordable, best performing USB powere Dac on the market IMHO.

I started looking around for a reliable, affordable DAC a few months back as I was dissatisfied with the sound output of my MacBook Pro.  I had an 1/8 inch to RCA adapter running to my office stereo system and it simply was not cutting the mustard.  As I looked around the web, I encountered many different brands and devices... some big, some small.  All of my research kept bringing me back to NuForce.  So I figured for $120 I'd give it a try.

Upon receiving my unassuming package, I opened it and quickly began moving cords around to account for my new toy.  Before I completely had everything ran perfectly, I did take the time to do some A-B testing between my previous setup and the NuForce.  All I can say is WOW!  The highs were crisper, the lows more complete and the overall sound just opened up wide.  I used the same sample material (a Loss-less Tom Petty album) and even invited colleagues into my office to listen.  All agreed, the NuForce uDac was a winner!

My only gripes (very minor) are that it is only USB Powered.  In my research, I found the higher priced/performing DACs to all have their own power supply.  I wander what the addition of direct power would do to the performance of this unit.  also, the 24 bit resolution and 96kHz sampling rate is not on par with other high-dollar "lossless" 24/196 units, but than again neither is the price.  For the simple fact that the vast majority of my digital music is MP3 and not lossless, I didnt find this to be a hinderance on my purchase. All I can say of the uDac is for the money... and for an entry-level DAC, it is heads above the rest.  I sincerely recommend this to any and all music lovers as an entry into Digital Audio Convertors.

Available in a variety of models and colors:

Note the size comparison... this thing is TINY:

http://youtu.be/7yOTifL6uH0