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Christopher Robert Matthews
Brooklyn, NY
Recent Activity
Definitely, it would depend on the details. I haven't looked very closely at the terms of deferred contracts in baseball, so if you're correct about a 25 year horizon that would make a big difference.
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"a good chunk of money appears to be deferred which greatly lowers the value in today's dollars" With interest rates as low as they are today, and appear to be for the foreseeable future, this is not as much the case anymore. The 10 year risk free rate sits under three percent. 23 million in ten years is worth more than 17 million today at those rates. I would imagine deferred money is much less of an issue this winter than it would have been 5 years ago
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In past posts, I talked about fan-funding websites that allow artists to directly solicit money for musical projects by offering fans special products above and beyond the music itself. David Bazan, formerly of the quazi-Christian alternative rock band Pedro the Lion, has taken this approach to his fan base from... Continue reading
Posted Dec 7, 2010 at Money and the Music
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Last.fm is a website, social network and downloadable program that allows you to track your music listening habits. With this data you can look at charts of your favorite artists, discover new artists that are similar to your favorites, and meet other music fans across the world who share your... Continue reading
Posted Nov 27, 2010 at Money and the Music
The Record is an excellent music blog from NPR music, and one of their regular segments is You Ask, We Answer. This week they try to parse the term "360 deal," which many record labels have been throwing around as the future of their business models. The most famous "360... Continue reading
Posted Nov 26, 2010 at Money and the Music
The tension between art and commerce has a storied history, but nowhere is it more conspicuous as the New York City Subway. The city’s underground teems with musicians, artists, and performers soliciting donations for their work. Some, like singer and ukulele player Crow Joe Ryan, make their living from the... Continue reading
Posted Nov 23, 2010 at Money and the Music
When an ground-breaking indie artist like Greg Gillis, aka Girl Talk, releases a new album, one would expect it to cause a stir among music journalists. One wouldn't expect to the Wall Street Journal to spill to much ink over the subject. But the past two releases by Girl Talk:... Continue reading
Posted Nov 21, 2010 at Money and the Music
A memo sent from Roger Faxon, CEO of EMI music group, leaked yesterday on Billboard.com. The memo was a bit of a pep talk for EMI staff after EMI's parent, the private equity firm Terra Firma Capital, lost a lawsuit against its creditor Citigroup late last week. Terra Firma Capital... Continue reading
Posted Nov 12, 2010 at Money and the Music
I have often pondered the term “guilty pleasure” as it is used in reference to music. It never made sense to me that someone should feel guilty about liking a song. I always thought guilt should be reserved for behavior that causes actual harm to someone else, not listening to... Continue reading
Posted Nov 8, 2010 at Money and the Music
A couple weeks back, I posted a piece about Enemy Soil, a record label started by the hip-hop group Jedi Mind Tricks and their manager, Yan Donahue. I talked with Donahue about how a record label survives in an environment like today's. He spoke about direct-to-fan marketing, and taking advantage... Continue reading
Posted Nov 5, 2010 at Money and the Music
Earlier this year, David Byrne gave a talk at the TED conference in Long Beach California, espousing his theories on how architecture helps shape the music that we create. Choral music from the Middle Ages, with its drawn out phrasing and lack of rhythm was complemented by the resonant churches... Continue reading
Posted Nov 4, 2010 at Money and the Music
Jeff Pollack, Chairmain and CEO of Global Media and Entertainment, wrote a column in the Huffington Post this week in reaction to reports that 2010 is threatening to be the first year where digital music sales post a year on year decline. He posits a variety of explanations for sales... Continue reading
Posted Oct 30, 2010 at Money and the Music
There is a hint of pain in Yan's voice as he describes giving up a hip-hop career to manage his more talented friends. Ryan "Yan" Donahue, Vincenzo "Vinnie Paz" Luvineri, and Kevin "DJ Stoupe" Baldwin grew up together in a working class suburb of Philadelphia. They spent their free time... Continue reading
Posted Oct 26, 2010 at Money and the Music
If you're at all interested in file-sharing and copyright issues as it concerns the music business, no doubt you've found your way to the website TorrenFreak. TorrentFreak is a blog that covers, through original reporting, all things having to do with the file-sharing universe. The site was founded in 2005... Continue reading
Posted Oct 22, 2010 at Money and the Music
I have often pondered the term “guilty pleasure” as it is used in reference to music. It never made sense to me that someone should feel guilty about liking a song. I always thought guilt should be reserved for behavior that causes actual harm to someone else, not listening to... Continue reading
Posted Oct 16, 2010 at Money and the Music
The next big thing in the music industry might just be Next Big Sound - if you believe the glowing feature in Denver Westword this week, or Billboard's Top 10 Digital Music Startups of 2010 list. Next Big Sound is a data analysis service that tracks traditional metrics of music... Continue reading
Posted Oct 15, 2010 at Money and the Music
There has been a lot of chatter in 2010 about rising ticket prices. Live Nation Entertainment, the concert promoting behemoth has blamed its sluggish sales on out-of-control artist fees, which have forced ticket prices higher. Consumer groups warned of higher ticket prices following Justice Departments' approval of Live Nation's merger... Continue reading
Posted Oct 12, 2010 at Money and the Music
It sure must be frustrating trying to make money off of music these days. Profits are tumbling, yet people love music. Despite depressed sales, the internet has made music more available to the public, and people are listening to more music than ever. One piece of evidence to support this... Continue reading
Posted Oct 8, 2010 at Money and the Music
According to Paid Content, the Swedish music subscription Spotify is still planning to launch in the U.S. by the end of the year. There has been much speculation and hype about the service, which just reached 10 million users across Europe, 500,000 of whom are paying subscribers. American record companies... Continue reading
Posted Oct 4, 2010 at Money and the Music
The Recording Industry Association of America (RIAA) has been awarding gold records (for more than 500,000 copies sold) since 1958. They've been issuing platinum records (for one million copies) since 1976. But never before has an artist been awarded one of these prestigious honors before their album even hit stores.... Continue reading
Posted Oct 3, 2010 at Money and the Music
Apple released an update Saturday to its much maligned social network Ping. The update fixes some of Ping's worst features, but Apple still has a long way to go before Ping is relevant. Ping is housed within the Itunes program, and was initially walled off from a listeners' libraries -... Continue reading
Posted Sep 27, 2010 at Money and the Music
Illegal file-sharers are becoming increasingly concerned with the enforcement mechanisms that copyright holders are employing to protect their intellectual property, as demonstrated by the latest kerfuffle between the two parties last weekend. A new program, launched in May but just now gaining steam, might make this enforcement a near impossibility.... Continue reading
Posted Sep 25, 2010 at Money and the Music
Pro-piracy computer hackers launched an organized cyber-assualt on record and music industry websites over the weekend. According to BBC News, these attacks were in retaliation for actions the industries took to protect themselves against illegal downloading. The Recording Industry Association of America and the Motion Picture Association of America have... Continue reading
Posted Sep 20, 2010 at Money and the Music
There has been a fifty-two percent drop in album sales in the U.S. since the year 2000. That's right five two, in just a decade. Still, according to Nielsen Soundscan, 373.9 million albums were sold in the U.S. in 2009. That's a whole lot of albums when you consider the... Continue reading
Posted Sep 19, 2010 at Money and the Music
When I started my freshman year of college in 2003, I brought my entire CD collection. I had somewhere around 350 CDs alphabetized and contained in 4 binders. It was my most prized possession. I presented it proudly to those I met. They could leaf through the CDs, impressed (I... Continue reading
Posted Sep 13, 2010 at Money and the Music