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So This is The New Year

Thank you to Mr. Ben Gibbard for capturing in nuance how so many feel when a new year unfolds. 2012 is here, and unless you’ve already moved your stockpile of canned goods and CB radios into your basement to prepare for Dec. 21st, you’re probably excited/uncertain/curious about what this year will bring.

Musically speaking, it feels like a time of transition for the channels we all use to discover and listen to music. Itunes posted record revenues in 2011, but the app store accounted for a greater share than music sales did, and predictions show that music sale growth will be flat for 2012 onto 2013. Services like Spotify are definitely increasing in membership, but with a user base of about 1.6 million people, it currently is reaching a fraction of what Pandora’s listener base is on a monthly basis, and conventional radio is continuing to see a steady decline in listenership...that’s the business/delivery side.

The creative side is seeing more people having the capability to create some fantastic music, both in artistic integrity and sonic superiority. This era has never seen its equal as far as ease, affordability, and access to almost any tool or instrument imaginable in order to make music. Truly, it’s an exciting time.

What does that mean?

Both of these elements support my theory that, unless 2012 brings a format or channel that completely redefines the way we hear music, I believe the era of seeing “Megabands” surface is over. That’s a double-edged sword – on one hand, it’s great because we will start to see (and are already seeing) bands who continue to write and perform music with less of an emphasis on getting paid, and more for the sheer enjoyment and art of it. On the other hand, bands in which labels have invested time, money, development and all sorts of resources are becoming a thing of the past, so we aren’t seeing the same kind of talent development take place on the label level, or for that matter, at any level.

Where do we go from here?

I think we are going to see a further increase in artists and musicians that are creating for the sheer sake of creating – not that anyone will turn down money given the opportunity to make it necessarily, but the dollar factor will continue to decline as a motivator because it might have to. I’m looking forward to 2012 as a year where I will release my record, History, (which, I will provide more information on in the coming weeks), and I am focusing on writing and co-writing more this year than I ever have before.  I’m also working on new ways to make concerts better for everyone going, and I’ll roll out those ideas as the year progresses.

Thank you incredibly to everyone who supports music, who is a fan, and who continues to listen – we’re here, making music, and will continue to no matter what the economy or the industry looks like.  Here’s to a great year in front of us.

 

-TRMJ

 

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