The music business is one of the most rapidly changing industries in the US today. It is also an industry filled with contradiction, and media headlines and anecdotal stories often add to the confusion. Here are just a few statements paraphrased from recent news stories:
* The music business has collapsed
* Demand for music is expanding at the greatest rate in history
* Historic recording studios are closing at an alarming rate
* More people are making recordings than ever before
* Musicians usually lose money touring
* Musicians usually make money touring
* Major artist pulls songs off streaming services because they don’t pay fairly
* Major artist makes a fortune from streaming services
* People won’t buy records anymore
* Vinyl record sales are soaring
This course will attempt to make sense of these seemingly contradictory trends and data, outline the basic structure and mechanisms of today’s music industry, and encourage students to think critically and entrepreneurially about the future of music. Leaders from various areas of the music business will lend their perspectives through in-depth interviews, and footage from a recording session will give learners a behind the scenes look at how a song goes from the spark of an idea hummed into a cell phone to a finished recording.
Participants will grapple with questions about art and commerce which are both timeless and crucially important today, and will emerge from this course with tools allowing them to make more informed decisions as creators, promoters, and consumers of music.
Course launches February 19, 2016.