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National Market Report

The National Market Report (NMR) details current issues involving emerging businesses, investments, and global markets, and their impact on Wall Street, other world financial centers, global business and capital markets.

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Music & Song Curation - The Advent of the Song Curator

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By National Market Report 461 days ago

Categories: Art Music Entertainment Travel & Sports, Computers Software & Information Technology, Consumer Goods & Business Products & Services, Education Research & Innovation, Finance & Investments, Internet Technologies & Telecommunications, Law Accounting Insurance & Government, Professional Services, Publishing & Media, Social & Religious Empowerment


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Music & Song Curation - The Advent of the Song Curator
Harlington L. Hanna Jr.
Music & Entertainment Attorney

The Music business and Industry is a large and historically important economic engine for the United States and the World. It has many factions and players involved to make it work successfully. The changing landscape of modern business practices, laws, international requirements, digital productions & deliveries, and monetization of these practices will  make it more difficult than ever for Musical Artists and others to properly manage their interests in their productions.

There are millions of participants in the Music Industry game, and anyone desiring to be successful must maneuver a myriad of actors, including record companies & manufacturers, recording labels, distributors, streamers, publishers, performing rights organizations, musicians, singers, songwriters, recording studios, engineers, promoters, performing venues, lawyers, managers, agents, and more.

In prior times Record Companies performed many of these functions and aspiring artists would attempt to get signed to a Record Company or Label in order to be successful in the Industry. Modern business and the digital revolution has significantly changed this approach. Now, Independent Artists have the Internet, YouTube, BandLab, and Social Media outlets and strategies to develop their businesses, promote, and sell their music & songs.

The advent of the Digital Revolution in the Music Industry may require another type of player to assist the aspiring Musician to maneuver the maze of factions in the Industry. The advent of Music & Song Curation and Curators is at hand.

Music & Song Curation involves taking better care of business by merging the traditional functions of the Industry with new and important elements of the digital revolution such as Blockchain entities, Non Fungible Tokens (NFTs), Music Fungible Tokens (MFTs), and even Cryptocurrencies. The new distribution, royalty management, copyright, intellectual property, investments & capital markets, and other business structural and operational impacts of this new revolution will require a different approach than the old Record Company operations. 

The vast new opportunities for Artist owned and/or endorsed products which can easily reach a worldwide audience if properly curated through online processes controlled by the Artist is becoming ever important for independently curated Artists.

The Music & Song Curator or some similar functionary will be indispensable in the new Industry, and particularly so due to the extensive and intricate changes in Intellectual Property management, new and involved domestic & internationally based Royalties, Royalty management & registrations, and monetization of the products & services of modern Music and associated performance issues and rights.

There is now more than ever, a need for Music & Song Curators who will be able to functionally operate and take care of the many factors and details involved and essential to the new Business of Music. This new breed of actors in the Music Industry will allow the necessary services to be housed mostly under one roof, thus facilitating the path for aspiring musicians to be successful in the industry.


Resources

One innovative company in the new music curation space utilizing a powerful online management portal and platform for Music & Song Curation is The Hannaian Fund. See more at http://hannaianfund.com/

One promoter of new social media technologies available for the management & promotion of owned and/or endorsed products published the following statistics as to the importance of Artists and Producers availing themselves of the new marketing and management tools available in the modern Social Media dominated digital marketplace (See more at https://www.thumzupmedia.com/current-brands).

"Increased Demand/Volume Growth:

  • The social media advertising market has reached $226 billion[1], at a 11.24% CAGR. In 2021, it was worth just $178 billion[2].

  • In 2027, social media marketing is expected to reach $384.9 billion[3].
  • The number of users of social media platforms is expected to reach 5.85 billion by 2027[4].

The Average Ad Spend per Social Media User is Rapidly Growing:

  • The average advertising spend per social media user is expected to grow from $30.57 in 2021 to $52.98 by 2027[6].

  • Influencer marketing is expected to expand at a compound annual growth rate (CAGR) of 29.3% from 2022 to 2030[7]!"
 
National Market Report

National Market Report

The National Market Report (NMR) details current issues involving emerging businesses, investments, and global markets, and their impact on Wall Street, other world financial centers, global business and capital markets.

The National Market Report (NMR), is hosted by Intellectual Property and Securities Attorney Harlington L. Hanna Jr., founder of the Law Firm Hannaian Law Associates  (http://hannaianlaw.com. He is...

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