Industrial Context- History of Music Magazines

 

Industrial Context- Contemplating Context of Music Magazines and the Industry

Funding

Magazines are primarily sourced via advertisement revenue, and sales revenue. Advertising revenue is derived from businesses paying to feature their advertisements within the magazine, the cost depending on advert size, placement, and magazine circulation numbers. Sales revenue is generated from selling physical copies of the magazine, and digital subscriptions. Some magazines may receive additional funding via donations. 

Distribution

Once printed, magazines are taken to traditional distribution channels, such as newsstands, bookstores, and subscriptions. However, due to technological advancement, digital distribution channels such as social media, email marketing, and online subscriptions have risen in popularity.

Industrial Context- Contemporary Context of Music Videos and the Industry

 Finances

The production process of music videos is financed by the label the artist belongs to, who in turn are beneficiaries for the royalties that come from the videos. Music videos can also make money via digital downloads and product placements, alongside serving as a form of creative and commercial representation for the artist. Artists can capitalise from their music videos, by selling merchandise and tour tickets as their popularity increases.

Distribution

Distribution platforms are often used to deliver music videos to various digital platforms and channels, gaining an audience. These platforms can either be direct-to-consumer, such as Maestro, or third-party, such as Youtube. Direct-to-consumer platforms allow artists to build their own video hosting presence to reach audiences, allowing more control over personal branding and monetization. Third-party platforms aren't exclusive to streaming music, and can provide a broader audience, but offer less control.

Industrial Context- Major Players in the Music Industry

 

Industrial Context- Universal Music Group

Who are the UMG?

Universal Music Group is a conglomerate, owning and operating a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content across 60 countries worldwide. The label aims to shape culture via artistry, developing recording artists to promote the most critically acclaimed and commercially successful music.  They aim to develop new services, platforms and business models for music delivery and related content, creating new commercial and artistic opportunities, diversifying and increasing the plurality of voices within the music industry. UMG owns labels such as Abbey Road, EMI, and Interscope Geffen A&M.

Abbey Road

Abbey Road Studios describes itself as 'the most famous recording studio in the world. renowned for its creativity and technological excellence'. The label has signed artists such as The Beatles, Pink Floyd, Oasis, Radiohead, and Amy Winehouse.

EMI

Emi Records is self-described as 'one of the most culturally significant labels in popular music', being at the forefront of every seminal musical movement. The label has signed innovative artists such as Elton John, Queen, and Metallica.

Interscope Geffen A&M

Interscope Geffen A&M is a unification of three of the most influential record labels in modern music history, developing artists across a wide range of musical genres including rock, rap, pop and alternative. Such artists include Blink-182, Guns N Roses, and The Rolling Stones.

 

Industrial context- History of Music Videos