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Monetizing Music in a
       Connected World
Gerd Leonhard, Media Futurist, CEO The Futures Agency   @gleonhard
Money is a result not a starting point.
Merit
is where it
 all starts.
Merit & Uniqueness
Building your Audience

 Getting Recognition
    ***Conversion***

     Generating Income
Building your Audience



 Getting Recognition
Conversion
Generating Income
Music 1.0: empires
                     Source: http://pages.uoregon.edu/klio/re/11-govt.html
Music 2.0: Networked, Social,
Mobile, De-central, Global, Direct
An irreversible trend in a digital world (*via Kevin Kelly)
Your orthodoxies define your realities
??? “Online, nobody wants to pay for anything” ???
More shows & concerts
    More movies, videos & TV shows

           More branded content
   More commercials on more platforms

More users & more interest everywhere

   More listeners in developing countries
   More streaming & public performance
Attention is Money
and leverage is a result of audience loyalty and engagement
In order to monetize, you need to have

         Leverage
Find and engage your tribe
Some interesting tribes
http://www.futureof.biz
Empower your fans to spread the word




Pic by Karola Riegler
                                                  Image licensed from sevensheaven.nl
150 tribe members + 1000 real fans +   ++   +
Generosity comes
before remuneration
Don’t sell yourself as cold, dead fish.
Convert        Get
attention   attention




                 Keep
               attention
User, fans &
the ‘people formerly known as consumers’

                   Today




       Artists and Creators
People always pay for the
Yes, you are a B(r)and
Sell the
 brand,
not (just)
  the
 music
Unique. Real. Not-copyable. Must-see-hear.
It’s not the volume that counts, but relevance.
    It’s not the fire-hose but those tasty sips.
       It’s not about free it’s about value.
      It’s not about control it’s about trust.
It’s not about a prospering industry but about the
creators and the ‘consumers’ aka users aka fans.
Your income is directly
related to the quality of
     your network.
Special
                                       Other        Fan
                      editions and
            Live                       media      products
                        collectors’
           events,                    products   & services
                       items, incl.
  HD &    webcasts,                   (games,
                         physical
premium     VoD                       apps...)
                         products
formats
Copy.........Right...?




Image: Kevin Kelly kk.org
                            Image: Flickr.com/sameli
A new reality we must - and can - live with
People of the Book & Paper -
People of the Screen
                       Source: Kevin Kelly
Are you on all those screens?
Are you ‘on’ here?
Conversion
Generating Income
Up-Selling.
The new Broadcasters
The new ‘Airplay’
The
   new
Generatives
F-Commerce
F-Commerce
Again, it’s all about   Leverage
Cash is just one way of getting paid
New ways to raise money for productions
Go for the niches.
A real but solvable challenge
Some ambidexterity is required
Summary
You are a Brand
T r u s t
Up-Selling.
Artists,
human creativity, ingenuity and real experiences
  are (and will be) more important than ever
www.mediafuturist.com @gleonhard
Monetizing Music in a connected society (Berklee alumni event in Nashville)

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