A Talk With Tom Silverman On New Music Seminar 2012
NMS has been one of the choice places for music pros and artists to gather and discuss the future of the music industry since its creation in 1980
What can one look forward to from this year's New Music Seminar (NMS)? Well, for starters, it's being held in one of the greatest cities in the world: New York. And this year's conferences introduces its very first music Festival, which will take place in 17 venues throughout NYC and Brooklyn from June 17-20. NMS has been one of the choice places for music pros and artists to gather and discuss the future of the music industry since its creation in 1980.
I recently spoke with Tom Silverman, co-founder of NMS, about this year's seminar. First, we spoke about what occupied most of his time after NMS ended its 15 year run in the mid 90's, prior to its revival in 2009. He explained that his record label, Tommy Boy, was the recipient of his efforts during this period because it was "at its height," and after 2002, when the music business was at its "deepest depression," he reestablished it as an independent label.
For this year's NMS, Tom worked with mayor Bloombergs's office to establish New York's first Music Week. "Music started being lured to other cities, so I thought it would be a great idea if we created a little coalition around bringing music back to New York." With this initiative, and being cognizant of the fact that there was a week of a few other music events happening in NYC (such as a2IM Indie Week and Make Music NY), he reached out to the Department of Film, Theater & Broadcasting at the mayor's office and made the recommendation.
For this year's attendees, the hardest task of all will likely be deciding among all of the different choices offered. "There are at least 2 things going on at the same time every time that I want to attend, and many conversations that I want to be a part of," said Silverman. He with his personal 'don't miss list,' including keynote speakers Bob Pittman and Sean Parker, the Crystal Ball Movement, the YouTube movement and SoundExchange's Digital Broadcasting Summit.
In terms of the development and progress of the music industry, Silverman brought to light some past events that will surely change its future; one example being singer/songwriter Amanda Palmer raising over a million dollars from fans on Kickstarter, demonstrating that a single artist can do what major labels did. "If you think about the value of the attention that music creates, and the music brands and artists create, it's enormous," noted Silverman. "I think that if we were able to monetize that efficiently, we could see this music business grow five times over or more."
The world is evolving, technology is advancing, and with it, so are people's attitudes and mentalities. This means that traditional approaches will no longer cut it. This applies in spades to the music industry, and this has been a focus of New Music Seminar. Silverman emphasizes that people need to "stop thinking of themselves as being in the record business and begin to see themselves as being in the creative attention business."
"I want everyone to walk out of the New Music Seminar believing that the US music business can triple in the next decade," Silverman concluded.
» IZotope Masters Q&A Series, Part 3
» Why Singapore Stock Broker-Turned-Entrepreneur Is Bullish On Asian Pop
» Interview With Finland-based Guitarist Pauli Saksa
» New MBA in the Music Industry Promises to Meet Music Industry Challenges in the 21st Century
» The Return of Lita Ford
Industry Interviews Directory
» [2016-02-02] "Up" Wang Li Bao The Night Of Rock And Finance; China's First Sino-French Rock Band Gemini Will Be Performing Alongside J-Fever And Reflector In Beijing
» [2016-01-31] Alibaba's Gao Xiaosong To Participate In Keynote Q&A At Midem 2016; Mr. Gao Will Talk About Why The Major Western Record Labels Have Failed In Addressing The East Asian Music Markets As Well As Alibaba Music Group Plans For Global Music Market
» [2015-12-27] Serve The People! Serve The Rock! China's Post-Cultural Revolution "Yaogun"; Exhibition, Audio/Video Screenings, Presentations, Panel, Networking Reception On Yaogun, The Chinese Rock Revolution
» [2015-11-23] THIS World Music Festival @ Formosa; Showcase ∣ Forum ∣ Workshop On 2015.12.4-6 In Taipei Expo Park
» [2015-11-18] BodyMemory New York Launch Reception Flux Factory; LittleE Studio Founder Yi Zhou Creates Of Duplicated Cast Models Of Human Body Parts That Were Transformed Into Accessories
» [2015-11-16] HOT POT - Spicy Little Art Festival; What Happens If 22 Artists From Asia And Europe From A Wide Range Of Art And Design Disciplines Are Collaborating For 14 Weeks?
» [2015-11-16] MusicDish*China Presents Lyric Dubee 'Young & Restless' China Tour; Performing 14 Shows In A Dozen Cities, The China Tour Will Follow Their Participation In Canadian Blast Export - Japan Music Trade Mission
» [2015-11-02] MusicDish And LittleE Studio Launch Crowdfunding Campaign In Support Of BodyMemory; "Sharing The Spirit Of Beijing With New York Through BodyMemory" To Help Fund Beijing-based Artist/designer Yi Zhou's Artist In Residency At New York's Flux Factory
» [2015-11-02] MusicDish*China Brings Japan-Bound Canadian Bands To China; MusicDish*China Has Booked Tours In China For Two Bands Participating In The 4th Music Export Canada Music Mission To Japan
» [2015-10-26] The Jessica Stuart Few China Tour; The Tour Will Bring Their Unique Stage Show Featuring The Japanese Koto To Beijing, Tianjin, Shijiazhuang And Taiyuan
» [2015-10-24] Top 10 Industry Podcast; Must Listen To Podcasts For Musicians
» [2015-10-20] MusicDish*China And AAW Partner On Canadian Guitarist Lyric Dubee China Tour; Following A Tour Of Japan, Lyric Dubee Will Be Performing In A Dozen Cities In China Between November 21 And December 7
follow MusicDish on