David Byrne on the Evolution of Business Models in the Music Industry

by Lee Gesmer on January 18, 2008

David Byrne has published a very interesting article in Wired on the various business models in the music industry, and how the Internet and digital music is changing those models and offering artists more opportunities.

David Byrne’s Survival Strategies for Emerging Artists – And Megastars

Where there was one, now there are six: Six possible music distribution models, ranging from one in which the artist is pretty much hands-off to one where the artist does nearly everything. Not surprisingly, the more involved the artist is, the more he or she can often make per unit sold. The totally DIY model is certainly not for everyone – but that’s the point. Now there’s choice. . . .

Click the image below for larger version of the graphic.

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