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
» [2015-07-07] New Island Entertainment Presents A F8ckin Birthday Extravaganza At Santos Party House; NIE Presents: The Hsu-nami, Fuck Your Birthday, NegativeHate, Stereobird @ Santos Party House
» [2015-07-05] MusicDish*China Booking (Snow Mountain), DDC, NAMM Musikmesse Russia And NMS; Latest Developments At MusicDish*China, Including Bookings At Snow Mountain Music Festival, Partnership With Beijing's DDC, Call-to-bands For NAMM Musikmesse Russia 2015 And New Music Seminar
» [2015-06-30] 365 Days From Dusk Till Dawn: DDC 1 Year Anniversary Program; MusicDish*China Is Proud To Be An Official Sponsor Of DDC (Dusk Till Dawn) First Year Anniversary Celebration
» [2015-06-29] The Challenges Of Learning How To Play Drums; Before You Start Building Your Neil Peart-sized Kit, There Are A Few Things To Learn
» [2015-06-28] Blue Note Entertainment Group Further Expands East With New Venue In Beijing; Blue Note Beijing Open In 2016; Two Additional Blue Note's In Shanghai & Taipei To Open Within Three Years
» [2015-06-21] From North Korea To NYC - Shanghai DJ B.O Spins Libation & Leftfield; The First DJ Ever In North Korea Comes To NY's Lower East Side For An Eclectic Night Of Performances
» [2015-06-02] Bay Area Chinese Music Association Presents Second Hand Rose West Coast Show; Second Hand Rose Will Be Performing At Palo Alto's Albert & Janet Schultz Cultural Arts Hall On July 10th
» [2015-06-01] Cooking Vinyl's Martin Goldschmidt Calls For Direct Tax Breaks For Music; Talking During The Vote For Music Keynote At The Great Escape, Martin Goldschmidt Called For The UK Government To Give Tax Breaks Directly To Music Businesses
» [2015-05-31] Strong Opportunities For International Tech Manufacturers Among Chinese Consumers; 63% Of Chinese Consumers Prefer International Brands For Purchase Of Smartphones, Televisions Or Wearable Devices
» [2015-05-31] New Island Entertainment Presents Second Hand Rose @ New York's Santos Party House; China's Boldest Rock Band Will Return To The Big Apple With A Show At Chinatown's Santos Party House
» [2015-05-22] MusicDish*China Tours, Signing, NYCxDesign And Planetrox; It's Been A Busy 2015 With New Tours, Our Launch Into The Art/design World And Signing Of One Of The Pioneers Of Chinese Rock
» [2015-05-19] Award-Nominated DJ Soulier Performs At Beijing's Award-Winning DDC; Western Canadian Music Awards Nominee Returns To China For 7 Dates In Beijing, Changsha, Wuhan, Guangzhou And Tianjin
follow MusicDish on