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For more than a decade, musicians have battled rampant music piracy that has put labels and record stores out of business at a rapid pace. Unlike the shift to Amazon that did in the book store chains, record stores are suffering from outright theft, and the migration to iTunes or Spotify streaming isn't making up the difference.
Between 2003 and 2009, about one-third of all independent record shops in the U.S. closed their doors, according to the Almighty Institute of Music Retail, a California-based marketing firm. That translates to 3,700 stores. The one bright spot is that the trend has slowed since 2008.
Enter another U.K. company called Musicmetric, which specializes in analytics for the music industry by capturing everything from social media discussion to traffic on the BitTorrent network. It then offers this aggregated information to artists to decide how they want to react. Musicmetric noticed Iron Maiden's placement and ran its own analytics for the band.
In the case of Iron Maiden, still a top-drawing band in the U.S. and Europe after thirty years, it noted a surge in traffic in South America. Also, it saw that Brazil, Venezuela, Mexico, Columbia, and Chile were among the top 10 countries with the most Iron Maiden Twitter followers. There was also a huge amount of BitTorrent traffic in South America, particularly in Brazil.
Rather than send in the lawyers, Maiden sent itself in. The band has focused extensively on South American tours in recent years, one of which was filmed for the documentary "Flight 666." After all, fans can't download a concert or t-shirts. The result was massive sellouts. The São Paolo show alone grossed £1.58 million (US$2.58 million) alone.
seeker1963
reply to post by benrl
I certainly was not expecting what I read when I clicked on your thread Benryl!
Surprising and brilliant move by Maiden!
S&F, and Merry Christmas to you!
benrl
Its always nice to see a band embrace their fans not prosecute them like criminals *cough* Metallica *cough*
Klassified
reply to post by benrl
S&F. Iron Maiden did the right thing. I'm in my 50's. When I was a young man, we recorded music off the radio, and played the tapes in our cars. Yet all the major bands that we listened to were still successful, and record stores still sold albums. Include me in the bunch that bought thousands of those albums. What happened? Greed! That's what happened. The music industry has gotten greedy, just like every other corporate industry.
Want people to listen to, and buy your music? Put it out there freely, don't worry about piracy, and charge reasonable prices for cd's and dvd's, and you'll make your billions, just as you always have. The tighter the industry grips, the more slips through their fingers. If they would start telling the truth about how much they are profiting already, instead of lying about their losses, we would know the whole piracy thing is mostly BS.
Klassified
reply to post by benrl
S&F. Iron Maiden did the right thing. I'm in my 50's. When I was a young man, we recorded music off the radio, and played the tapes in our cars. Yet all the major bands that we listened to were still successful, and record stores still sold albums. Include me in the bunch that bought thousands of those albums. What happened? Greed! That's what happened. The music industry has gotten greedy, just like every other corporate industry.
Want people to listen to, and buy your music? Put it out there freely, don't worry about piracy, and charge reasonable prices for cd's and dvd's, and you'll make your billions, just as you always have. The tighter the industry grips, the more slips through their fingers. If they would start telling the truth about how much they are profiting already, instead of lying about their losses, we would know the whole piracy thing is mostly BS.
benrl
seeker1963
reply to post by benrl
I certainly was not expecting what I read when I clicked on your thread Benryl!
Surprising and brilliant move by Maiden!
S&F, and Merry Christmas to you!
Its always nice to see a band embrace their fans not prosecute them like criminals *cough* Metallica *cough*
benrl
It seems that many business models have become screw the customer out of as much as you can.
From Movies, Music, to Video games, all tend to view their consumers as Adversaries.
Yet when ever bands do the smart thing, and treat their Customers with respect, and do things like this, or putting their music out freely, they find the Fans repay that respect 10 fold and everyone wins.