New York, NY (PRWEB) June 10, 2009
MusicPlacements.com, the closely watched online music publishing and social network start-up, posted a recent interview with Co-Founder Albert Young talking about their hot new business model, music, technology, and the current state of the music industry. In a short period, this company is quickly becoming one of the rising stars of digital music publishing and a source of fresh ideas on how to make monetize music on the internet. They have landed published content on two Billboard Top Ten albums in the last 18 months - working with some of the biggest names in the industry. We wanted to find out more about MusicPlacements unique business model and thoughts on the music, the internet, and the state of the industry today.
Excerpts from the Interview:
"Q: But what about music sales themselves? It's fine to put out more content, but if people are downloading illegally or not paying for that content there is no business.
A: Very good point. That is why it is important to think of music not just as an album release. Music is consumed in so many ways in our lives - ring tones, commercials, movies, TV, at a restaurant. Licensing will become one of the largest aspects of the music industry. Go watch TV. for 30 min, and 29 of those minutes there was probably music playing in the background. There is someone getting paid for that. By the way, if you actually looked, one of Warner Music Groups biggest releases was Twilight - a movie soundtrack. Artists are always working towards a big album release of their music, and they should because it is their craft. But it is their business managers' task to get them money immediately thru music licensing. Most artists don't release they will probably make more money from music licensing over there career than selling music. MusicPlacements tries to educate its members about this.
Simply giving artists the tools isn't going to make even the best artists successful. They are artists, not business people. You need to educate them on what they need to do to be successful in the industry, offer them those services, and monitor their success. Historically, people had to roam the country trying to identify what was becoming popular. Now we have comprehensive web stats on everything people are doing online, its much cleaner what is working and what isn't. "
To Read The Full Interview:
Full MusicPlacements Interview Post