Wednesday, May 14, 2008

Finishing up in my Project

Well it is toward the end of my project and I have got allot of information that has helped. I have answered my questions the best i can.The last question that I am going to try to answer is "what are some other ways that the music industry makes money because of internet piracy?"? One way is by concert. A lot of people go to concerts. Even though you can still download them offline, it is not the same. It is a whole different experience to see the band live. Almost every band has concerts. Even if they are just coming up they still have little concerts in coffee shops or local places and they still generate some money. I know that Extreme Wheels have some concerts. That is just a local place in my neighborhood that is an indoor skate park. But either way, no matter where you go there is always going to be a place that a band will perform.A good example of this would be classical music, they have concerts and allot of times they would be in a church.St. Peter's Roman Catholic Church had a classial band perform and had 400 people come.it cost 5500 dollars to perform amd they slod tickets for 20 dollars each. So that is 8000 dollars.That is a 2500 dollar profit (CARNEY, Leo. "Turning the Profit." The New York Times). Now picture that on a larger extent such as a "big name band" that allot of people are in to where thousands of people go to and an average of 60 to 80 dollars a ticket.Another way they make money is by merchandise sales. This contains shirts, wrist bands, hats, posters, and etc.The Desdon Dolls make over 1000 dollars a night in merchandise sales(UnArchived ArticlesBand Merchandise, a journal artical). If they are just starting they can also start fund raisers. There are allot of people that would happily donate money for the starting of a new band. they would start with their friends and they would tell their friends and etc.The more attention that you have the better chance of making money you will have. bands become well known if several ways. A band can start a myspace and then get allot of friends and then post the dates of their concerts and then there is a better chance of more people coming. So like I said, there are many different ways for bands to make money, even if people are illegally downloading music offline.

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CARNEY, Leo. "Turning the Profit." The New York Times
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"Promote and Support your Music." UnArchived ArticlesBand Merchandise:

1 comment:

Efrain said...

Well this is a good blog and i hope you answered your question the best you can and i look forward to reading your conclusion on this subject of music.