Concert Biz Pep Talk

Written by Eric Olsen
Published June 03, 2004
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Four: Let's create value for the fans — let them bring in coolers and blankets, let's lower the parking fee and Ticketmaster surcharge when the ticket price is lower because a younger audience does not have as much money. Let's take into consideration the cost of a beer and popcorn.

Five: Let's work together to give the fan something, say "thank you" when it's over and bring them back. Let's allow the artist to communicate with those fans through the e-mail addresses collected by Ticketmaster, the promoter and the venue. Let's find a way to have our audience walk out the door wanting to come back.

....Our audience is off doing something else and we need to find innovators to address that.

Last year, 55 million people walked through the gates of state fairs and 126 million (almost half the population) went to the Top 25 amusement parks in North America. Casinos, theatres, water parks, family shows and sports all continue to attract huge audiences. People want to be entertained. How did music and concerts lose their loyalty?

The worldwide entertainment industry is projected to grow by 5 percent a year over the next four years.

In the last three years, film, television and video games have grown; only recorded music is down. In projecting forward, film, TV and video all are projected to grow around the world; music is projected to decline.

DVD sales were up 20 percent last year, selling an experience that is not nearly as portable as music nor nearly as personal.

Where are the new ideas? How are we going to react to a world that has your cell phone, your iPod and your PDA in one unit that is no bigger than a credit card?

Look at how the independent labels have found a way to embrace and talk to their audience while the major labels are all losing sales, cutting jobs and not following through on projects the independents have never done better.

....So how did we lose the fan's love of the music experience? How do we get them to more shows each year and to see new artists? Like most things, there is no one answer and no black and white answer.

We lose when music gets complacent. We lose when surcharges and ticket fees raise the price of tickets. We lose when a beer costs as much as a movie ticket. We lose when we stop sticking with artists for longer than a single. We lose when we push the guarantees. We lose when the fan can't bring a cooler and blanket into a shed. We lose when no one deals with traffic issues. We lose when the bathrooms are disgusting. We lose when we don't speak to our fans where they live. We lose when a band looks at their shoes and forgets to play the hits.

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Career media professional Eric Olsen is honored to be the founder and publisher of Blogcritics.org, which, quite frankly, rules - as do his wife and four children.
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Concert Biz Pep Talk
Published: June 03, 2004
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Section: Music
Filed Under: Music: Business
Writer: Eric Olsen
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Comments

#1 — June 3, 2004 @ 18:24PM — Douglas Mays [URL]

I agree. Good post. At least there is no replacement for a well done live experience. The audience is seeing something no one else will see. Each show is a bit different no matter how calculated it is.

But damn, those ticket agencies. When promoting, I have to wait till the Wednesday after the show to get the ticket money from that major (TM). Makes it tricky to pay the remaining balance to the band after the show sometimes (walk up vs. advanced sales) even if it is a sell out.

anyway, blah blah...
peaceloveguidance

#2 — June 3, 2004 @ 19:10PM — Eric Olsen

Thanks Douglas, I think his point was that efficiency and scale are fine but that in the process it is very easy to lose sight of the nature of the business and just who is doing what for whom. It's just entertainment and the concert biz (and the music biz in general) can no longer take it for granted that they have a captive audience.

#3 — June 3, 2004 @ 23:42PM — Douglas Mays [URL]

Exactly! On the business level of the game an artists career is at some catagorized level of viability. Funny how things end up working. Or not for those working and not fairly compenstated, etc...

So true, the concept of 'losing sight'. Good post because it opens up alot of angles of relating experiences.

plgDM

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