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I wonder how big the influence of TikTok will become on the music industry at large (perhaps in a similar vain how people went viral or got noticed on Youtube like ten years ago). You're already seeing a bunch of people charting which is kinda huge.
I think that live-streamed concerts will move beyond covid and gaming communities. I could see that being more and more of a trend.
Edit: and by ‘live-streamed concert’ I don’t mean it in the traditional sense as in Phish just broadcasting a random show, I’m more referring to the kinds we have seen without lives audiences - just visuals and online interactions/conversations.
I think that live-streamed concerts will move beyond covid and gaming communities. I could see that being more and more of a trend.
Edit: and by ‘live-streamed concert’ I don’t mean it in the traditional sense as in Phish just broadcasting a random show, I’m more referring to the kinds we have seen without lives audiences - just visuals and online interactions/conversations.
yeah the gaming community concerts seem to be massive, even bands like idles are doing them
If we’re talking about the fundamentals of the music industry changing like live-stream concerts, I think the most revolutionary change of the coming decade will be the decentralization of music ownership through NFTs / blockchain.
Grimes just did an NFT drop 45 minutes ago that made her $5 million in 5 minutes. Disclosure is working on one too. The only thing is that artists need to get out of their record deals to hop into this space but I could see this happening more and more in the coming decade.
like whatever disclosure puts out won't be better than settle and I'm not going to invest a ton of money in it when I can throw on a settle cd that I bought for $10
Post by Delicious Meatball Sub on Feb 28, 2021 17:07:56 GMT -5
Blockchain in music might supplement the basic structure we have now, but I don’t see mainstream albums *only* available as collectibles being a thing outside a few big name artists that are already popular with blockchain devotees. The In Rainbows “pay what you want” model was supposed to fundamentally change the 2010s and it turned out people just don’t want to pay that much for music.
Maybe DJs will release stems that way or something.
Yeah, but at the same time you have something like Bandcamp where their numbers show that isn't really the case. People tend to pay more there, perhaps it's because of their transparant model.
