You are invited to a NMS Signature Session.The Signature Sessions are tailored to high-level, intimate discussions about the future of the business, and have a limited capacity of 75 – which quickly sell out.
In this Session, we will read the tea leaves on the future of Music Subscription.
The RIAA recently released their 2015 revenue report, which indicates that on-demand subscription music generates 18 times the ARPU of on-demand Ad-supported music. It is crucial to focus on the attention business and how people spend money on music.
- On-Demand Subscription
- Digital Download Sales
- Physical Music Sales
- Programmed digital music streaming (SoundExchange/Statutory and Apple Radio/licensed)
- On-Demand Ad-Supported
- Programmed Ad-Supported terrestrial streaming (AM/FM Music Radio)
How these seven music usage categories drive music value to its highest potential will determine the future of the music business. Beer, Wine, and light refreshments will be served. A tour of Manhattan Center will be available after the event.
Converting RIAA’s numbers to meaningful impact on the music industry. 15-Year projections of Subscription Music. ARPU, Retail v. Wholesale, Gross vs. Net. With an eye on music value and the music users, we can drive music value well beyond its 1999 peak. Find out how.
Notes for the panel:
U.S.: 114 million on-demand ad-supported users, 52 million physical music buyers, 42 million digital download buyers, 10.8 million music subscribers, and 210 million ad-supported programmed music (AM/FM Radio) that pay nothing to record labels for their music use.
Tom Silverman: CEO, Tommy Boy Entertainment, Founder, New Music Seminar
Jim Lidestri: Founder/CEO, Border City Media
Russ Crupnick: Managing Partner, MusicWatch
Colin Rushing: Senior Vice President and General Counsel, SoundExchange
Mark Piibe: EVP – Global Business Development & Digital Strategy, Sony Music
News Articles for Reference:
Streaming Is Everything, and Everyone Seems to Think It Has an Advertising Problem
Streaming Music is Too Expensive, Say a Worrying Number of Consumers
YouTube Wants You to Stop Comparing it to Spotify and Apple Music
Location: Manhattan Center
311 West 34th Street (btwn 8th and 9th Ave.)
Subways: A,C,E,1,2,3 to Penn Station, B,D,F,M,N,R,Q to 34th St. Herald Sq. 7 to Hudson Yards
With all NMSessions, during your registration, you may submit a question for consideration that you would like answered during the discussion.
Special Thanks to:
City Winery for providing the delicious wine.
City Winery strives to deliver the highest-end combined culinary and cultural experience to our customers who are passionate in sharing wine, music, and culinary arts. We are a unique facility, sophisticated clientele of foodies, and active cultural patrons—bringing the wine country experience to the middle of a large city.
Blue Point Brewing for providing refreshing beer. Check out their product line.
Manhattan Center Productions for use of their facilities.
New Music Seminar registrations are non-refundable. All sales are final. Registrants have the option of transferring their registration to another individual up to one week prior to the event if they are unable to attend.