Debra Oglesby MMIS, PMP, ICP’s Post

The Impact of Race on Music Success: Addressable Market and Black Artists In this video, we explore the influence of race on music industry success, focusing on the addressable market and the limitations faced by black artists. Join the discussion on the disparities and opportunities within the industry. #RaceInMusic #MusicIndustrySuccess #AddressableMarket #BlackArtists #MusicDisparities #OpportunitiesInMusic #MusicIndustryBias #MusicMarketTrends #MusicIndustryInequality #IndustryInsights

"What happens when the elastic band snaps & artists can no longer afford to tour?" I wrote a piece for Access All Areas Magazine on why there needs to be more focus on artists in discussions about grassroots music. Read in full here: https://lnkd.in/e4q7-GNx cc. Chris Bryant, Dame Caroline Dinenage MP DBE, Featured Artists Coalition (FAC), MMF (Music Managers Forum), Musicians' Union, LIVE (Live music Industry Venues and Entertainment), UK Music Ltd

The Roundhouse is proud to be partnering with UK Music Ltd on its new, first of its kind study in the UK – Full Diversity, Full Return. This study will assess the economic impact of Black music in this country and capture the unique perspectives of artists, creators, and behind-the-scenes professionals working in black British music. Black music shapes global culture, and it is essential to understand the economic value the artform brings to the UK music industry to support ongoing investment in the music and the people who deliver it. At the Roundhouse we combine our impactful youth work with unique live music, events and performing arts. We want our stage to represent every corner of London and want to present an increasingly diverse music, events and arts programme. Hearing from anyone and everyone who works with Black British music is invaluable to the success of the Full Diversity, Full Return study. You can take part in the study and share your voice by filling out this survey https://lnkd.in/gPzZQDYz

Creative industries get absolutely hammered because spaces to lease and rent are so expensive, let alone to buy.  ACT Government could fund more support for creative industries if rental property investors paid commercial rates of property tax rather than private ones. Owning rental properties is a for-profit business.

I had the pleasure this week to sit on a panel to discuss Early Music in New York, past, present, and future and I thank the Early Music Foundation and Early Music America for the privilege. I touched on several issues that still plague the field with respect to ethnic diversity and that of black and brown musicians, among other things. Yes, there are more ethnically diverse players in the field now, but there is more work to be done to make sure there is representation in the field across the board. Today I had the pleasure of attending the Black Orchestral Network 2024 Summit and, low and behold, this was also the topic of discussion with respect to managing initiatives to increase diversity in every aspect of the field of classical music. The discussion focused on how to create equitable auditions, how to build community and financial support by increasing board, donor, and staff diversity, how to identify ways in which all of us can work together to break the stigma that comes with “white fragility,” and how to find ways in which we can reach a benchmark to celebrate black creative expression in the field rather than perpetuating the idea that this should be noted as extraordinary. Chi-chi Nwanoku, Founder of Chineke!. double bassist, broadcaster, writer, and mentor, spoke about the Berlin Conference of 1884, at which European Nations discussed how to divide up the continent of Africa among them. She brought to our attention that those nations sitting at the table reaped the benefits while those African countries that were not invited might consider themselves on the menu. All that to say, we need to have more change agents at the table alongside musicians of color to make the case for a more equitable field. We also need to respect the fact that musicians of color did not choose this field to right the wrongs of discrimination but chose the field because of a passion for making music. To work efficiently toward our goal, we need to see a larger and more diverse pool of advocates involved in every aspect of our field to move the DEI initiative forward, maintain it, and retain it as a high priority. https://lnkd.in/e4m-FhpF

This important research will assess the economic and cultural impact of Black British music over the last 25 years (for the first time, ever!). If you work with Black British music, please spare a bit of time to fill it out.

🌟 Inspiring Spotlight: Molly Coleman Celebrate Molly Coleman's incredible 5-year journey with PYO Music Institute. Her dedication to music education is truly inspiring! 🎵 Experience the life-changing impact of our programs, just like Molly Coleman did. For more information about Molly's journey and the transformative power of music education, check out the first comment. #PYOMusicInstitute #MusicEducation #InspiringCommunities #MollyColeman

4 observations on... Downtown Music's agreed $775 million sale to Universal Music Group/Virgin Music Group #Downtown #musicdistribution #musicindustry Read the full story here: https://lnkd.in/gipBGxux

Sir Lucian Grainge on certain DIY platforms, Summing up his general view of low-streaming DIY music, Grainge said in October 2023 that those companies objecting to ‘artist-centric’ changes at streaming platforms were “unsurprisingly those whose business model is based on being merchants of garbage”. Virgin Music Group heads JT Myers and Nat Pastor then told MBW in Q4 last year that they had “no intention” of entering the DIY distribution arena for similar reasons. Said Myers: “Major labels used to get criticized for ‘throwing a bunch of s–t against the wall and seeing what sticks’ [as they would sign many artists and only a few would be successful]. “Well the [DIY aggregation world] casts the net even wider. It’s not why we got into the music business.” CD Baby, then, is an odd cultural fit at UMG… and buying it definitely won’t do much to increase Universal’s EBITDA margin. Yet Downtown itself saw significant value in CD Baby, paying around $200 million to acquire it via parent AVL Digital in 2019. All of which taken into account… if I were a betting man I’d wager that, should regulators approve UMG’s acquisition of Downtown next year, we’ll see Universal then look to offload CD Baby to: (a) a private equity buyer, or (b) a company proud to specialize in the world of self-uploading amateur artists. Who knows? Maybe that company could be Believe… once the small matter of UMG’s $500 million lawsuit against the French firm is done and dusted, anyway. Music Business Worldwide

The Latin Recording Academy Grammys on 11/14 in Miami is Latin music’s biggest night on TelevisaUnivision culture platform! -Latin music’s global market share rose from 3.38% in 2018 to 5.39% in 2022. -It represented 7% of total U.S. on-demand audio streams last year. -U.S. Latin music revenues grew by 23%, reaching $1.1 billion in 2022. -5 of the top 10 most-viewed music videos on YouTube in 2022 were Latin songs.   Latino Consumer Insights: -Latinos in the U.S. are projected to represent 30% of the total population by 2060, making them a key demographic for brands seeking long-term growth. -Latinos are known for our high engagement with technology, over-indexing on mobile usage, and being early adopters of tech products, including smart speakers, headphones, and home entertainment systems. -We're also passionate about music and entertainment, spending 25% more on audio devices than the general population, making brands like Sonos, Inc., JBL Professional, Bose Corporation, Beats by Dre Amazon Apple TikTok Google Meta Samsung Electronics and other brands ideal to connect with our audience. -87% of U.S. Latinos agree that music is an important part of our culture, and we are 44% more likely to share music with friends and family... Even been to a Latino House Party??? Then you already know...... TelevisaUnivision México TelevisaUnivision Advertising Uforia Music Variety #LaCultra #CasaCultura #LaMusica #BailaConmigo #LatinGrammys2024