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      <title>WB08 Innovation in Music Buisiness by </title>
      <link>https://padlet.com/toddster13/85xsox8tawzmt4ai</link>
      <description></description>
      <language>en-us</language>
      <pubDate>2021-10-29 14:23:09 UTC</pubDate>
      <lastBuildDate>2024-11-10 10:25:28 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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         <url>https://padlet.net/icons/png/1f9a0.png</url>
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         <title>Week 1 </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929689249</link>
         <description><![CDATA[<div><br></div><div><strong>Start with the problem. What is your business / idea trying to address?</strong></div><div><br>So I have been creating music for years but I am yet to launch my career. The problem is that I need to build my brand as a musician. Release some music initially. And ultimately create a 5 year plan containing a rough idea of what i'm going to do and how i'm going to do it in what order.<br><strong><br>Then think about how it will address it.&nbsp;</strong></div><div><br>It will address the problem of not having a brand as an artist by building one. Not only that but also planning out how i am going to take my career as an artist from where i am now to where i want to be in 5 years. <br><br><strong>Then think about why you are the best person/people to do this and what you have achieved so far.<br><br></strong>I am the best person to do this because nobody is going to build my career for me. And i need to work hard and push myself to get where I need to be.</div><div><br></div><div><br></div><div><br></div>]]></description>
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         <pubDate>2021-12-05 16:16:25 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929689249</guid>
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         <title>Week 1 three areas of opportunity </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929693359</link>
         <description><![CDATA[<div>1. I have a complete blank slate on who I am as artist and can create a brand that represents me completely.<br><br>2. The internet is a great tool on building a career and I am going to have to learn how to utilise it properly.<br><br>3. I have a sound that is unique to me that combines elements of indie pop/shoegaze/ dream pop which are genres that I think are due a revival. </div>]]></description>
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         <pubDate>2021-12-05 16:21:31 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929693359</guid>
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         <title>Week 2 Myself as an Entrepreneur </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929697774</link>
         <description><![CDATA[<div><strong>Write a list of the qualities you have that align with being an entrepreneur</strong></div><div><br>-I have a Vision on what I want to achieve&nbsp;<br>-I have a unique product&nbsp;<br>-I have a drive to achieve my goals&nbsp;<br>-I can take matters into my own hands&nbsp;</div><div><br><br></div><div><strong>Write a list of skills you would like to develop to build yourself as an entrepreneur</strong></div><div><br></div><div>-I need more confidence in my ability <br>-I need more understanding of the industry i want to be a part of.<br><br><strong>Which specific skills and qualities do you aim to improve throughout this module and how will you achieve this?</strong><br><br>-Time management&nbsp;<br>-Dont procrastinate&nbsp;</div><div><br></div><div>&nbsp;<br><br></div><div><br></div>]]></description>
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         <pubDate>2021-12-05 16:26:50 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929697774</guid>
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         <title>Week 3 What?Why?When?Where?How?Who?</title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929702722</link>
         <description><![CDATA[<div><strong><br>What? <br><br></strong>I am going to be planning my career for the first 5 years. Trying to understand what I need to be doing to get where I need to be. And trying understand the ins and outs of the industry so i can make it work to my advantage.<br><br></div><div><strong>Why? <br><br></strong>Because i need to be actively working on my career and planning it out because just working on my music and releasing it isnt enough.<strong><br></strong><br></div><div><strong>When? <br><br></strong>I will be implementing everything after i release my first single.<strong><br><br></strong><br></div><div><strong>Where? <br><br></strong>From my home in cheshire.<strong><br><br></strong><br></div><div><strong>How? <br><br></strong>By using the internet and the resources provided by waterbear.<br><strong><br>Who?<br><br></strong>I will be achieving this on my own.<strong><br><br></strong><br></div>]]></description>
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         <pubDate>2021-12-05 16:33:11 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929702722</guid>
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         <title>Week 4 Business Rationale </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929707573</link>
         <description><![CDATA[<div><strong>&nbsp; Key partners: Who do you want to work with?<br></strong><br>-So friends/producers/mixing engineers helping me mix songs<br>-Band Members <br>-Managers <br>-Tour Managers <br>-Promoters <br>-Other artists <br>-Film makers <br>-journalists<br><br><strong>Key activities: What are the main activities of your business? What is your USP?</strong><br><br>So I think my online presence will be the most important element early on. I think if i can create funny interesting content wether its on youtube or instagram. It will bring people to my music but not only that create a Community of people that like what i'm doing.&nbsp;<br><br></div><div>&nbsp;<strong>&nbsp;Key resources: What resources do you need to make your business work?</strong><br><br>-I need good quality product. Music. Online Content. Future merchandise.&nbsp;<br><br>-I need a good team of people around me&nbsp;<br><br>-I need focus<br><br></div><div><strong>&nbsp; Value propositions - What’s compelling about the proposition?</strong><br><br>-What is compelling is being able to achieve my goals and be happy and successful.<br><br></div><div><strong>&nbsp; Customer relationships: How do you interact with the customer?&nbsp; &nbsp; &nbsp;<br></strong><br>-Online content <br>-Replying to messages and comments <br>-Hopefully maybe opening a PO box<br><br>&nbsp;<strong>Channels: How are these propositions promoted, sold and delivered? Why?</strong><br><br>-Mostly online promotion and sold online too.<br><strong><br>Customer segments: What is the customer demographic? Describe your customer(s)</strong><br><br>-My customers would probably mostly people from 15-50. I feel like my music is accessible to people of all ages as the artists that inspire me are timeless. But i guess it would be for people into guitar music.<br><br></div><div><strong>&nbsp; Cost structure: What are the business’ major cost drivers? How are they linked to revenue?<br></strong><br>-I will be loosing money initially but it will be worth it in the future. Most costs have been taken already as I already have the gear to make music. I need to buy editing software. And I need to buy a subscription to Prs and also money into putting my music on streaming platforms.<br><br></div><div><strong>&nbsp; Revenue streams: How does the business earn revenue from the value propositions?<br></strong><br>-Gigs&nbsp;<br>-Streaming(youtube, spotify, apple music, ect...)<br>-Merchandise&nbsp;<br>-Brand Deals&nbsp;<br><br></div><div><br></div><div>&nbsp;<br><br></div><div><br></div>]]></description>
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         <pubDate>2021-12-05 16:39:01 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929707573</guid>
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         <title>Week 4 Goals</title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929739477</link>
         <description><![CDATA[<div>I think before I did the business rationale I thought I needed to really set some goals for each year of my career plan.&nbsp;<br><br>Year one- I think this is the most important year really. So my goals for this year are pretty straightforward.&nbsp;<br><br>1. To build a social media presence for my music. That would take the form of an instagram page, a facebook page, a tik tok page, and i think I want to make youtube content to engage with people on that level too.<br><br>2. So I need to learn how to edit good quality content for my socials.<br><br>3. Release music. I need to get my music out there so I can build a brand. Have it on all platforms so that means learning how to release music properly. I think singles and hopefully an ep would be good.&nbsp;<br><br>4. Combine those two elements to gain a small fan base.&nbsp;<br><br>5. Start playing local gigs by myself to build confidence as a performer.<br><br>Year 2-<br><br>1. Move to Brighton Im hoping to be in Brighton doing the MA course by this time. So think now is a good time to form a band with people i meet out there to play my music live in a band setting.<br><br>2. I think this year is a good time to focus on live performance now I have built an online presence. But i think by the end of the year I would like to possibly have another Ep out.&nbsp;<br><br>3. Look into wether i would want to sign to a label and also if i would want a manager or not.<br><br>4. Look into other avenues of getting Income wether that be merchandise or even brand deals??<br><br>Year 3 -&nbsp;<br><br>1. Hopefully at this point I will have a fan base and will have built a name for myself as an artist. So I think it would be time to release an album. And do promotional stuff for that album.<br><br>2. Hopefully at this point I will be able to do interviews or be able to perform with my band on television shows or radio shows. anything that will expose me as an artist to a wider audience.&nbsp;<br><br>3. Tour. i need to look into how i am going to tour and if i need a tour manager.<br><br>4. Collaboration with other artists&nbsp;<br><br>&nbsp;year 4 -&nbsp;<br><br>1. Afew more singles and writing for another album&nbsp;<br><br>2. Hopefully get on the festival circuit.<br><br>3. Merchandise&nbsp;<br><br>year 5 -<br><br>1. Second album out&nbsp;<br><br>2. Im hoping at this point i will be a big artist with a big following and will be able&nbsp;put on a tour into Europe or even America. Ideally id like to be touring the world at this point. <br><br>&nbsp;<br><br><br><br><br></div>]]></description>
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         <pubDate>2021-12-05 17:19:06 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929739477</guid>
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         <title>Week 5 Collaboration </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929820967</link>
         <description><![CDATA[<div>So I think initially collaboration would just consist of working with other creators and musicians. <br><br>Then after awhile once&nbsp; had built up abit of a brand and a career. I would be looking into possibly getting a manager.<br><br>So a manager wouldn’t be necessarily be needed in the first year but when things start to pick up on the second year i think a manager would be good to help organise my career. <br><br>So the manager would be responsible for: <br><br>-Marketing and image<br>-Touring<br>-Artist Development <br>-Promotion<br>-Budgeting and Money Management <br>-Multimedia opportunities <br><br>I think a manager would be helpful in taking my career to the next stage in the second year. <br><br>Reference- <br><br>Masterclass Staff (2021) <em>What Is an Artist Manager? Understanding What a Musician Manager Does and How to Get One for Your Band, </em>Masterclass, Available at: https://www.masterclass.com/articles/what-is-an-artist-manager-understanding-what-a-musician-manager-does-and-how-to-get-one-for-your-band#what-are-the-duties-of-an-artist-manager (Accessed, 20th October 2021)<br><br><br>Another collaboration would possibly be signing to a record label. Although I would like to stay independent and don’t think I need to sign to a label I think it would be beneficial to look into it. <br><br>So after reading afew articles on the subject I don't think i would need to sign to a label and i don't think i would need the money that they could provide me. Hopefully as i grow i can fund what i want to do myself. But if a record label come along that could offer me exposure and connections that i couldn’t achieve otherwise and they were offering me a good deal then I would definitely consider it. <br><br>Reference-<br><br>Rory PQ (2019) <em>BEING AN INDEPENDENT ARTIST VS. SIGNING TO A RECORD LABEL, </em>Icon Collective, Available at: https://iconcollective.edu/independent-artist-vs-signed-artist/ (Accessed, 20th October 2021)</div><h1><br></h1><div><br><br><br></div>]]></description>
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         <pubDate>2021-12-05 19:05:15 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1929820967</guid>
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         <title>Week 6 Financials </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1941815483</link>
         <description><![CDATA[<div><strong>Your outgoings/expenditure to produce your service or product.</strong><br><br>Okay so this is a tricky one to consider as there will probably costs along the way that I wont even think of. <br><br>So let's break it down into each year. <br><br><strong>Year 1- </strong><br><br>So I need recording equipment and editing software for videos. <br><br>Im going to go for Adobe Premiere Pro which is £19.97 per month. = £239.64 per year<br><br>Adobe (2021) <em>Premiere Pro Plan, </em>Adobe, Available at: https://commerce.adobe.com/checkout/email/?cli=adobe_com&amp;co=GB&amp;ctx=acom&amp;items%5B0%5D%5Bcs%5D=0&amp;items%5B0%5D%5Bid%5D=19AEE5AC1C9242C37657 987E009E6553&amp;lang=en (Accessed, 20th October 2021)<br><br>A new Camera for videos. <br><br>Im not sure what i am going to get yet but it will be under £500 pounds. But until that point i will be using my phone camera. <br><br>Distributor.<br><br>Distrokid £20 a year <br><br>Prs-<br><br>£100 for performance and mechanical royalties <br><br>Songtrust-<br><br>£100 for micro-sync<br><br>Squarespace<br><br>£15 per month = £180 <br><br>Advertising - £100<br><br>Total Spent = £1,139.64 <br><br>without new camera = £639.64<br><br><br><strong>Year 2</strong><br><br>Possible PA system -&nbsp; about £500<br><br>Merch - 50 t-shirts £815 on <br><br>https://www.awesomemerchandise.com<br><br>sell for £25 a shirt thats £1,250<br><br><em>£435 profit <br><br></em>Card Reader -<br><br>Sum up card reader - £30 pounds&nbsp;<br><br>Year 3 -&nbsp;<br><br>Touring?? I will expore the financials of that further later on.<br><br><br></div><div><br></div><div>Ways it will generate income.</div><div><br></div><div>Merch<br>Royalties&nbsp;<br>Gigs/Touring&nbsp;</div><div><br></div><div>Will your idea require funding - what kind?</div><div><br></div><div>&nbsp;Yes I will need to be funding it myself.</div><div><br></div><div>Investigate funding opportunities for your project (where / if applicable)<br><br>Label?? But i want to remain Independent </div><div><br></div>]]></description>
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         <pubDate>2021-12-11 15:04:21 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1941815483</guid>
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         <title>Week 6 </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1941822331</link>
         <description><![CDATA[<div>After some thought and consideration I have realised that year 4 and 5 of my plan are really dependent on how well years 1,2, and 3 go. Therefore I think that I should focus on the first 3 years as they would set up my career from then on. </div>]]></description>
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         <pubDate>2021-12-11 15:12:52 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1941822331</guid>
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         <title>Week 6 Distributor Research </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1941953774</link>
         <description><![CDATA[<div>I will be using Distrokid as my Distributor for getting my music out there. <br><br>There were Tunecore, CD-Baby, Distrokid, Landr and Ditto were the ones i have researched. <br><br>Tunecore -<br><br>Pros -<br>100% Royaltys <br>Many payout methods <br>Large amount of online stores <br>Customer Support<br>Presave Feature <br><br>Cons- <br>Annual fee<br>20% youtube royalty <br><br><br><br>Marketing Musical (2021) <em>TuneCore Review: Is It a Scam or a Legit Music Distributor? </em>Marketing Musical, Available at: https://marketingmusical.fr/tunecore-review/ (Accessed, 3rd November 2021)&nbsp;<br><br><br>CD-Baby -<br><br>pros-<br><br></div><ul><li>Open to all</li><li>Distributes to China</li><li>Distributes to TikTok</li><li>Reports are clear and intelligible</li></ul><div><br>Cons-&nbsp;<br><br></div><ul><li>Takes commission</li><li>Some upfront fees</li><li>Some hidden fees</li><li>No payment splitting</li><li>No lyrics distribution</li><li>No (producer) credits distribution</li></ul><div><br><br>Music Distribution Guru (2019) <em>CD Baby Review: STILL a Legit Distributor to Sell Your Music? </em>Music Distribution Guru, Available at: https://musicdistribution.guru/cd-baby-review/ (Accessed, 6th November 2021)<br><br>Distrokid-&nbsp;<br><br>Pros -&nbsp;<br><br></div><ul><li>No commission. You keep 100% of your royalties.</li><li>Open to all</li><li>Payment splitting</li><li>Distributes to China</li><li>Distributes to TikTok</li><li>Lyrics distribution</li><li>Credits distribution</li></ul><div><br>Cons -</div><ul><li>Some upfront fees</li><li>Some hidden fees</li><li>Revenue reports are poor / decent</li></ul><div><br>Landr-&nbsp;<br><br>pros-</div><ul><li>Open to all</li><li>Distributes to China</li><li>Distributes to TikTok</li><li>Revenue reports are clear and intelligible</li></ul><div><br></div><div>Cons-&nbsp;</div><ul><li>Open to all</li><li>Distributes to China</li><li>Distributes to TikTok</li><li>Revenue reports are clear and intelligible</li></ul><div>Ditto -&nbsp;<br><br>pros-</div><ul><li>0 commission. You keep 100% of your royalties</li><li>Open to all</li><li>Distributes to China</li><li>Distributes to TikTok</li><li>Lyrics distribution</li><li>Revenue reports are clear and intelligible</li></ul><div><br>Cons -</div><ul><li>Some upfront fees</li><li>Some hidden fees</li><li>No payment splitting</li><li>No songwriter / producer credits distribution</li></ul><div><br><br>After looking at all these options I have come to the conclusion that the best distributor for me is Distrokid.&nbsp;<br><br><br>Because-&nbsp;</div><ul><li>No commission. You keep 100% of your royalties.</li><li>Open to all</li><li>Payment splitting</li><li>Distributes to China</li><li>Distributes to TikTok</li><li>Lyrics distribution</li><li>Credits distribution</li></ul><div><br>Ari Herstand (2020) <em>Best Music Distribution Companies – Full Comparison Chart, </em>Ari's Take, Available at: https://aristake.com/digital-distribution-comparison/#distrokid (Accessed, 7th Novemeber 2021)</div><div><br><br><br></div><div><br></div><div><br><br><br></div>]]></description>
         <enclosure url="https://marketingmusical.fr/tunecore-review/" />
         <pubDate>2021-12-11 17:54:52 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1941953774</guid>
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         <title>Week 6 Publishing Research (Collecting Royalties)</title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942016138</link>
         <description><![CDATA[<div><strong>#1 Public performance royalties<br></strong><br></div><div>Public performance royalties will be paid to either the songwriter, publisher or both whenever songs are performed in public. This doesn’t just apply to pub gigs or stadium tours, it literally means in public. This could include <a href="https://www.musicgateway.com/creative-professionals/radio-stations">radio stations</a>, in shops, restaurants, cafes, shopping centres, anywhere!&nbsp;<br><br></div><div><strong>#2 Mechanical royalties<br></strong><br></div><div>Mechanical royalties are paid to songwriters or publishers. Songs can be licensed for audio products, including CDs, digital recordings, vinyl or even cassettes. These products generate royalties when they are sold. However, these royalties are typically based on sales of goods rather than production. For example, if the CD is never sold, you wouldn’t earn any royalties.&nbsp;<br><br></div><div><strong>#3 Synchronisation royalties<br></strong><br></div><div>If the audio is accompanied by another form of media then you receive <a href="https://www.musicgateway.com/music-licensing-companies-sync-licensing">synchronisation</a> royalties. You will earn these royalties whenever your track is used in audiovisual media such as TV, film or video games. The producer of this media will require a license in order to use your song.<br><br></div><div><strong>#4 Digital royalties<br></strong><br></div><div>Synchronisation royalties now also exist digitally and you will be able to claim royalties if your music is being used on a video. YouTube is now a huge and extremely popular platform and YouTubers often use music in the background of their videos. You can earn a lot of money if their video uses your music and receives a lot of views.<br><br></div><div><strong>#5 Print royalties &nbsp;<br></strong><br></div><div>Songwriters and composers can make money by printing and selling their music or lyrics. This is typically sheet music but can even apply to merchandise where certain song lyrics are used. If the music has been notated in sheet music and sold in a songbook or downloaded digitally then you can collect royalties.<br><br></div><div><strong>#6 Neighbouring rights<br></strong><br></div><div>Neighbouring rights are also known as international performance royalties. A global hit will generate royalties at different rates across the world. This can vary depending on where in the world it’s been played or performed. International royalties can be collected by your local collection society and in the UK, this will be PPL.<br><br></div><div><strong>#7 Sampling royalties<br></strong><br></div><div>If another artist wants to use a second or more of your existing sound recording in his song then they sample it and must get your permission as you own the sound recording copyright and you can then charge a fee for it. &nbsp;<br><br></div><div>Open Mic Uk (2019) <em>MUSIC ROYALTIES EXPLAINED | THE COMPLETE BREAKDOWN OF ROYALTIES, </em>Open Mic Uk, Available at: https://www.openmicuk.co.uk/advice/music-royalties-explained/ (Accessed, 10th November 2021) <br><br><br>I will be signing up for Prs to collect royalties for my music. <br><br>I will also be signing up for Songtrust to collect royalties worldwide. Once i know it is financially viable to do so (if im getting enough mechanical royalties from abroad)<br><br><br>Raw Technique Studios (2019) <em>Music Royalties From Streaming and Digital Downloads - Are you Leaving Money On The Table?, </em>Youtube, Accessible at: https://www.youtube.com/watch?v=AtGUgoCb0KI (Accessed, 15th November 2021)</div><div><br><br><br></div>]]></description>
         <enclosure url="https://www.openmicuk.co.uk/advice/music-royalties-explained/" />
         <pubDate>2021-12-11 19:24:54 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942016138</guid>
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         <title>Week 6 Merch Research T-shirts</title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942032543</link>
         <description><![CDATA[<div>So I have created a basic t-shirt on vistaprint and I would get 60 t-shirts for £363.49 that’s roughly £6 per t-shirt. If I sold them for £20 a t-shirt that’s £14 pound profit. So if I ordered 60 and sold them at £20 a shirt I would make £1,200 - £363.49 = £836.51 profit. And that’s just for the first run of merch. Hopefully I can scale up to eventually sell lots more. <br><br>Vistaprint (2021)<em> Vistaprint, </em>Vistaprint, Available at: https://www.vistaprint.co.uk/?PCXTVATINCLUSIVE=&amp;utm_id=2B10404544757289694316&amp;coupon=&amp;partner=google&amp;ps_vtp=5283944%7C1707815676%7C%7Ckwd-104664860%7Cc%7C1007206%7C%7Cg&amp;ps_vtp2=g%7Cvistaprint%7Ce%7C352628689176%7C%7C%7C%7C%7C&amp;gclid=Cj0KCQiA2NaNBhDvARIsAEw55hhBVvhW1VMnnLVrR9h-CFy_iDAZeJasQ9nNVw7svKnTWsEJCk8_9-EaAmyuEALw_wcB, (Accessed, 20th november 2021) <em>&nbsp;</em></div>]]></description>
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         <pubDate>2021-12-11 19:48:54 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942032543</guid>
      </item>
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         <title>Week 6 Merch Research Vinyl </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942041894</link>
         <description><![CDATA[<div>Its hard for me to get a quote for vinyl pricing without actually going ahead and contacting someone who can put it together for me. <br><br>But I found a helpful Article that explains it. <br><br>Apparently roughly to press 100 vinyl it costs £1225 thats £12.25 a record.&nbsp; If I can sell them for £30 pounds each then thats £3000 - £1225 = £1775 Thats not bad. <br><br><br>Joe (2021) <em>The Full Cost Breakdown of Pressing a Vinyl Record, </em>Vinyl Record Life, Available at: https://www.vinylrecordlife.com/vinyl-record-pressing-costs/ (Accessed, 20th November 2021)&nbsp;</div><h1><br></h1>]]></description>
         <enclosure url="https://www.vinylrecordlife.com/vinyl-record-pressing-costs/" />
         <pubDate>2021-12-11 20:01:12 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942041894</guid>
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         <title>Brand Artwork </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942043480</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-12-11 20:03:35 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942043480</guid>
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         <title>Brand Artwork</title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942043676</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-12-11 20:03:53 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942043676</guid>
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         <title>Brand Artwork</title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942044133</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-12-11 20:04:38 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942044133</guid>
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         <title>Brand Development Photo</title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942044987</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-12-11 20:05:57 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942044987</guid>
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      <item>
         <title>Brand Artwork </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942045396</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://padlet-uploads.storage.googleapis.com/736859994/5cab94d1e28da1a0b734ba0a9bfdbc23/IMG_2750_2.jpg" />
         <pubDate>2021-12-11 20:06:35 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942045396</guid>
      </item>
      <item>
         <title>Brand Artwork</title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942046208</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://padlet-uploads.storage.googleapis.com/736859994/75aa94a637581082f5290e1fe205a7c1/IMG_2556.JPG" />
         <pubDate>2021-12-11 20:07:46 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942046208</guid>
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         <title>Week 6 Gigs/Touring Expenses </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942076497</link>
         <description><![CDATA[<div>There are so many thing to consider when putting a tour on -<br><br><strong>Production Expenses<br><br></strong>So all the i would need like PA systems lights tour bus ect...<br><br><strong>Accomodations<br><br></strong>This is pretty self explanatory its when <br><br><strong>Transportation Expenses<br><br>Insurance<br><br>Crew Salaries<br><br>Commissions and Third Party Payments<br><br>Marketing and Promotion<br><br></strong>&nbsp;So for a month long tour it could cost 15,000 - 50,000 pounds!!<br><br>so if i toured or a month and did 24 shows that had roughly 1,500 capacity and each ticket was £40 then I could make £1,440,000 per show. But That wouldn’t&nbsp; include the venues cut the promoters cut and the tour manager.&nbsp;<br><br>say the manager takes 20%&nbsp;<br>the venue takes 50%&nbsp;<br><br>then thats £576,000 left&nbsp;<br><br>then 50% tax = 288,000<br><br>minus the say 50 grand costs = 238,000<br><br>divided up by say a band of 5 is = 47,000 each!!</div><var>
Which really isn't bad for a months work </var><div><br><br>Royalty Exchange (2018) <em>How Much Does It Cost To Tour In 2018?, </em>Hypebot, Available at: https://www.hypebot.com/hypebot/2018/09/how-much-does-it-cost-to-tour-in-2018.html (Accessed, 20th November 2021)</div>]]></description>
         <enclosure url="https://www.hypebot.com/hypebot/2018/09/how-much-does-it-cost-to-tour-in-2018.html" />
         <pubDate>2021-12-11 20:53:56 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942076497</guid>
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         <title>Week 7 Target Audience </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942082788</link>
         <description><![CDATA[<div>Who is my target audience?<br><br>So currently the band Slowdive get 1,327,332 listeners on spotify.&nbsp;<br><br>The band My Bloody Valentine get 1,119,474 listeners on spotify.&nbsp;<br><br>and the band Cocteau Twins get 1,771,355 listeners on spotify.&nbsp;<br><br>So there is a market for my kind of music and people are listening to it regularly&nbsp; in large numbers.&nbsp;<br><br>So I would say my target audience is male/female aged fromn 15-50.&nbsp;<br><br>Would probably be really into underground genres of music and would probably respond well to social media activity surrounding instagram/youtube.<br><br>I feel like they could be from any part of the world especially as I am english alot of other nationalities listen to music sung in english. But I think mostly Europe and US.&nbsp;<br><br>I will engage with them via social media platforms like youtube and instagram. <br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2021-12-11 21:04:03 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942082788</guid>
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         <title>Week 8 Innovation </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942087650</link>
         <description><![CDATA[<div><br></div><div><strong>&nbsp;Networking<br></strong><br>I Will be collaborating with other artists/Musicians/Content Creators<br><br><br></div><div><strong>Creative Industries press – read regularly music press, online platforms and industry press like Music Week.</strong></div><div><br></div><div>I will be posting to music publications where i can help promote my brand and music.<br><br><br></div><div><strong>Creative industry events<br><br>I would love to go to a guitar show as a guest or something along those lines.</strong></div><div><br></div><div><br></div><div><strong>Speaking to audiences/the market/clients<br><br>Social media!</strong></div><div><br></div><div><br></div><div><strong>Monitoring competitors<br><br>I am just going to focus on my own brand.</strong></div><div><br></div><div><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2021-12-11 21:11:52 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942087650</guid>
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         <title>Week 9 My Pitch </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942089909</link>
         <description><![CDATA[<div>Start with the problem, what is your business trying to address.&nbsp;</div><div><br>I am trying to build my brand as an artist and considering how I am going to do that and how I am going to make a living off that.<br><br>Then talk about how it will address it.&nbsp;<br><br>It will address it by firstly building my brand. Then setting up the relevant means to profit off that brand.<br><br><br>Then talk about why you are the best person/people to do this and what you have achieved so far.<br><br>I have achieved a level of musical ability that i could profit off. I am the best person to do this because there is only one of me!!<br><br></div><div><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2021-12-11 21:15:50 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942089909</guid>
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      <item>
         <title>Research into Limited Company or Soul Trader </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942115249</link>
         <description><![CDATA[<div>Sole Trader Pros- <br><br>Easy to set up and small amount of paperwork<br><br>More privacy <br><br>Cons-<br><br>More liability so if the business goes into debt so do they <br><br>can loose personal assests<br><br>less likely to raise finances <br><br>less favourable tax <br><br>Limited Company pros- <br><br>legally separate from owner <br><br>only loose what is put into company <br><br>nobody else can use company name <br><br>Cons -<br><br>more responsibility <br><br>more costly and time consuming<br><br>Transparency from earnings <br><br>Reference-<br><br>Simply Business Editorial Team (2021) <em>What's the difference between a sole trader and a limited company?,</em> Simply Buisness, Available at: https://www.simplybusiness.co.uk/knowledge/articles/2021/07/difference-between-sole-trader-and-limited-company/<em> </em>(Accessed, 20th November 2021)</div><div><br><br></div>]]></description>
         <enclosure url="https://www.simplybusiness.co.uk/knowledge/articles/2021/07/difference-between-sole-trader-and-limited-company/" />
         <pubDate>2021-12-11 21:59:31 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942115249</guid>
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      <item>
         <title>Independent Artists Research </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942131921</link>
         <description><![CDATA[<div>Frank Ocean in an interview with W Magazine-<strong><br><br>“But the medium—the CD, vinyl set, or whatever—has moved to an intangible, and there’s no 45-minute limit, 60-minute limit, or 120-minute limit. It’s just so elastic. And you don’t have a lot of people doing it that way, because in a lot of the contracts of today with the labels, there’s an expectation to turn in a set amount of albums. That’s really an arbitrary limitation. That’s not state-of-the-art. I hear rappers talk about their business savvy and their independence in songs. And I think the more of that, the better. The idea of being able to have a decent life living off just a thousand fans who are invested in you and will purchase what you make is only possible with ownership of the business.”<br><br></strong>Dylan Green (2019) <em>Frank Ocean: Artists Are Better off Independent, Dj Booth,</em> Available at: https://djbooth.net/features/2019-09-30-frank-ocean-declares-artists-are-better-off-independent (Accessed, 21st November 2021)</div><div><br>So frank was tied to a 7 album deal with Def Jam records and then eventually used his own money to buy back his masters and gain his freedom. <br><br>“I know exactly what the numbers are,” Ocean states. “I need to know how many records I’ve sold, how many album equivalents from streaming, which territories are playing my music more than others, because it helps me in conversations about where we’re gonna be playing shows, or where I might open a retail location, like a pop-up store or something.” <br><br>Erin M. Jacobson (2016) <em>Checkmate: Frank Ocean Goes Independent, </em>Forbes, Available at: https://www.forbes.com/sites/legalentertainment/2016/11/18/checkmate-frank-ocean-goes-independent/?sh=561f6adec45a (Accessed, 25th November 2021)</div><div><br><br></div>]]></description>
         <enclosure url="https://djbooth.net/features/2019-09-30-frank-ocean-declares-artists-are-better-off-independent" />
         <pubDate>2021-12-11 22:29:54 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942131921</guid>
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         <title>Opportunity Dev Lemons Aka Songpsych </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942680022</link>
         <description><![CDATA[<div><br>Dev Lemons get 132,622 listens on Spotify each month her youtube channel Songpsych also has 83.7k subscribers and 192.5k followers on tiktok. So she isn't doing badly at all. She engages with her fans through all these social media outlets and makes music related content.<br><br>This is something i would like to do help promote my brand.<br><br><br>Camille Moore (2020)<em> 10 Things You Didn’t Know about Dev Lemons, </em>TVOM, Available at: https://tvovermind.com/dev-lemons/ (Accessed, 1st December 2021)</div>]]></description>
         <enclosure url="https://tvovermind.com/dev-lemons/" />
         <pubDate>2021-12-12 13:37:36 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942680022</guid>
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         <title>Oppotunity Chris Buck</title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942696726</link>
         <description><![CDATA[<div>Chris Buck is an example of an artist that uses social media to elevate his career. <br><br><br><br>Chris Buck (2021) Chris Buck, Youtube, Available at: https://www.youtube.com/channel/UCRcsFKc_8Sjz1chAwC9jWRw (Accessed, 22nd November 2021)</div>]]></description>
         <enclosure url="https://www.youtube.com/channel/UCRcsFKc_8Sjz1chAwC9jWRw" />
         <pubDate>2021-12-12 13:49:51 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942696726</guid>
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      <item>
         <title>Streaming Income </title>
         <author>toddster13</author>
         <link>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942796874</link>
         <description><![CDATA[<div>Youtube pays roughly £2000 - £4000 per million views. <br><br>"How much money a creator earns depends on the video's watch time, length, video type, and viewer demographics — among other factors."<br><br>Amada Perelli (2021) <em>How much YouTube pays influencers for 100,000, 1 million, and 150 million views, according to top creators, </em>Insider,&nbsp; Available at: https://www.businessinsider.com/how-much-youtube-pays-for-views-100-thousand-million-150-2020-1?r=US&amp;IR=T (Accessed, 10th December 2021) <br><br><br>Spotify pays around 3000-4000 per million streams.<br><br><br>Rhona Shennan (2021)<em> How much does 100 million Spotify streams pay? Process explained after Tom Rosenthal song goes viral on TikTok,</em> National World, Available at: https://www.nationalworld.com/culture/music/how-much-does-100-million-spotify-streams-pay-process-explained-after-tom-rosenthal-song-goes-viral-on-tiktok-3387260 (Accessed, 2nd December 2021) </div>]]></description>
         <enclosure url="https://www.businessinsider.com/how-much-youtube-pays-for-views-100-thousand-million-150-2020-1?r=US&amp;IR=T" />
         <pubDate>2021-12-12 15:02:59 UTC</pubDate>
         <guid>https://padlet.com/toddster13/85xsox8tawzmt4ai/wish/1942796874</guid>
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