What the tea-leaves say about the music business in 2013
It’s time for some predictions. Here are five stories you will be reading a lot about in 2013. HMV’s woes This story will be watched with interest (and dread) by those who’ve taken a decision to help the beleagured retailer …
It’s time for some predictions. Here are five stories you will be reading a lot about in 2013.
This story will be watched with interest (and dread) by those who’ve taken a decision to help the beleagured retailer by providing favourable trading terms. Suppliers know that HMV’s disappearance as a bricks-and-mortar chain would have disastrous consequences and the retailer has also copped that record labels need HMV as much as they need them. Perhaps it’s time for the suppliers to acquire HMV?
It’s not going away, you know. If 2012 was the year when the industry began to realise streaming was here to stay, 2013 will be when acts and labels view services like Spotify, Deezer, Rdio, Pandora et al as friends than enemies. After all, the public have already said yes to them.
Live industry disruption
Too many bands, not enough punters: it can only be a matter of time before the live industry faces a crisis due to over-supply and under-demand. Expect established promoters to become increasingly risk-adverse, which can only be good news for those who do want to get involved and take chances.
Fund it yourself
2013 will be when acts probably kill this golden goose by overdoing the hard sell. Hands up who has had enough of getting hassled and pestered on a daily basis by acts on Fund It or Kickstarter drives? Man, it’s like having an infestation of out-of-tune chuggers in your Twitter timeline or in-box.
The kids are alright
In 2012, it seemed as if every other Irish act we were tipping were still in their teens. From Soak and the Strypes to the Bleeding Heart Pigeons and Rosie Carney, the kids were making much better music than anyone else. Hopefully, this will continue in 2013.