Industry News | In Practice | The Bigger Picture | Digital Marketing | Your Business | Latest Research

Latest Articles

Cancer Research UK turns to the cloud to raise funds

Cloud computing has landed in the “third sector” - charities. New Media Knowledge took a close look at how Cancer Research UK is using “software as a service” to raise both awareness and funds, plus spread its message further via social media. By Chris Lee.

more

Apple ousts LG as third largest mobile phone vendor by volume following 4Q11 results

Comment from Malik Saadi, Principal Analyst at Informa Telecoms & Media on mobile phone vendors' 4Q11 results.

more

Channel 4 Education launches SuperMes

Channel 4 Education has just launched SuperMes, an online drama played out by virtual actors – a tale of four extraordinary folks and their triumphs and tragedies, as they learn how to be stronger and more resilient people. SuperMes has been created by content design company Somethin’ Else in collaboration with US-based games publisher Electronic Arts and uses The Sims™ 3as its platform – a virtual studio and soundstage. By Victoria Hartley.

more

Related Articles

Building a Business on Free

Filed under: All Articles > Your Business
By: NMK Created on: November 1st, 2007
Bookmark this article with: Delicious Digg StumbleUpon

Fantastic.  Prince gave away his new CD for ‘free’ with a national newspaper, former Kinks frontman, Ray Davies, is soon to follow and Radiohead recently invited you, Joe Public, to decide precisely how much (or not), to pay for the digital release of their latest oeuvre, In Rainbows

Date: Nov 05, 2007 from 18:00 to 21:00
Venue: The Worship, 3 Triton Court, Finsbury Square, London, EC2A
Location: Nearest Tubes - Old Street (Northern) and Moorgate (Northern, Circle, Metropolitan and H’smith & City)

This seminar has been produced in association with CIDA, the East London Business Development Agency. This event is open to all, with engagement particularly encouraged from trading companies and individuals from black and ethnic minority backgrounds. Please note that pre-event registration is essential to access this FREE event. and that booking for the event can ONLY be made through contact with CIDA.

For more information, please email or call Jessica Green on 020 7247 4710. Registration forms maybe downloaded from www.cida.co.uk

SPEAKERS

Panel:
Kieron Concannon, MD, FDM Records

Andrew Dubber, newmusicstrategies.com

Guy Parsons Digital Strategist & Game Designer 

Davey MacManus, Artist, The Crimea

Moderator: Ghizela Rowe, The Copyright Group

Disabled Access: The venue is fully accessible has facilities to accommodate those with special needs. Please contact if you have specific requirements.

TOPIC

Leaving aside the finer details of a recent spate of headline-grabbing announcements on the subject of giving music away for free, these examples are the result of some clever thinking by artists who are using ‘free’ music as a promotional tool to stir up press interest and sell consumers other related products, be it concert tickets, merchandise or in the case of Radiohead, a premium physical release of the same album at a later date.

But what does this mean for artists who aren’t household names, who don’t have a lineage of best-selling records or a fanbase to match?

Recent history shows that it can be done - UK indie band The Crimea hit the headlines earlier this year having made a digital copy of their 2nd album, The Witching Hour, available as an entirely free download. Remember Nizlopi’s JCB song, Christmas ‘05? Encouraging unfettered downloading and sharing of their video was a crucial factor in the song’s success. Then there’s the Arctic Monkeys, whose rapid rise to fame was greatly helped by Internet distribution of free downloads of the band’s pre-label demo CDs. But these are the exception, not the rule and in terms of PR, the law of diminishing returns will always apply.

Can and should ‘free’ be part of the plan for today’s emerging artists, labels, managers and small music companies. Is it viable or indeed advisable to give music away and if so, how can it be done in a way that doesn’t compromise artists’ income, integrity or longevity?

Comments

You must be logged in to comment.

Log into NMK

Register

Lost Password?

Newsletter


For the latest news from NMK enter your email address and click subscribe: