Newsletter EVENT MAILING April 2008
MUSICTANK DEBATE, 6th MAY – CELESTIAL JUKEBOX: FREE STREAMS OR PIPE DREAMS?
It may be one of the buzzwords we love to hate, but the celestial jukebox has always represented the natural conclusion of the music industry’s blue sky thinking; a WiFi-liberated paradise where music lovers enjoy what they want, where they want, safe in the knowledge that creators and rights-holders are being compensated.
Well, the end of the rainbow might be closer than you think. Last.fm’s recently announced on-demand streaming service promises full-track unlimited streams, while American social network imeem has quietly broken new ground by striking ad-funded on-demand streaming deals with all four majors and a handful of indies.
Many start-ups are advocating a radical reduction in licence fees in order to facilitate growth in ad-funded, on-demand streaming. Should the music industry offer these businesses discounted licences in the knowledge they may one day overtake all other forms of music consumption? Or should the start-ups accept they either need to stump up, in cash or kind, or mature their revenue streams before using music to drive their traffic and valuations?
The technology is already upon us, WiMax is becoming a reality and players already exist which stream bespoke stations via WiFi. Will on-demand streaming ever fulfil the celestial jukebox dream of becoming the predominant means of music consumption?
Keynote: Ryan Regan (CFO & Chief Digital Officer, Last.fm)
Panel: Charles Caldas (CEO, Merlin); Clive Gardiner (VP, Digital Content, We7); Owen Geddes (Group Director, Business Development, The Cloud); Alex Vlassopulos (Head of Business Development, Digital, SonyBMG).
Device manufacturer tbc…
Chairman: Keith Harris, Keith Harris Music / PPL Director / Chairman, MusicTank
Date: Tues 06 May ’08 | Venue: MCPS-PRS Alliance, 29-33 Berners St, London, W1T 3AB | Time: 18.30 – 21.00 hrs
Price: £20 MusicTank Members | £25 Trade Body Discount | £30 Full Price. Tickets include drinks and MUST be booked and paid for in advance!
FULL DETAILS AND BOOKING:
That's all for this issue - 'til next time...
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The views and opinions expressed are those of the author and are not necessarily condoned or shared by MusicTank. MusicTank is a non-profit organisation owned and operated by University of Westminster. University of Westminster is a charity and a company limited by guarantee. Reg Number: 977818, England. Registered Office: 309 Regent Street, London, W1. MusicTank is based at University of Westminster, Watford Road, Harrow, Middlesex HA1 3TP