Monday, September 15, 2014
Saturday, September 13, 2014
Alternative Funding Sources
While examining potential funding for startups, I came
across a few alternative-funding opportunities and we will take a look into a
few of them. The Community Development
Venture Capital Alliance or CDVCA provides equity capital to businesses in
underinvested markets. According to its website www.cdvca.org,
“CDVCA is working on many fronts to build and strengthen the CDVC field. It
promotes the field by combining advocacy, education, communication and
best-practice dissemination through conferences and workshops.” Some of the
requirements other than becoming a member is to have businesses in
underinvested markets and will provide good jobs to low-income individuals and
communities. CDVCA also provides workshops, seminars and consulting services.
For more information visit www.cdvca.org.
More funding opportunities can be found at the U.S. Economic
Development Administration website, www.eda.gov/funding-opportunities/.
Among the opportunities are the 2014 Regional Innovation Grants which according
to the website, “support
commercialization and entrepreneurship as described in the America COMPETES
Reauthorization Act of 2010.” The EDA also accepts applications from companies
in rural and urban areas that support construction and technical assistance
among other programs. The website also provides a resources directory by state
or territory which gives visitors the opportunities to explore possible funding
and support.
First Nations Oweesta Corporation provides funding and
resources for economic growth within Native American communities. The website www.oweesta.org provides information on their
Training and Technical Assistance programs along with research and Lending and
Capitalization programs. According to the website, “First Nations Oweesta
makes loans to various types of Native community development financial
institutions such as small business loan funds and credit associations that
make consumer, business and housing loans.”
Overall each of these companies offers excellent information
and resource material for your start-up or existing businesses. There are
plenty of funding opportunities as well. Due diligence and research are
required to determine if you or your company qualifies for the funding
opportunities available.
There are plenty of advantages to alternative funding,
such as an abundance of resources and support. One of the disadvantages would
be that the criteria for these programs could be very particular and your
company might not fall under the specifications required to receive funding
from these organizations.
First
Nations Oweesta makes loans to various types of Native community
development financial institutions such as small business loan funds and
credit associations that make consumer, business and housing loans. -
See more at: http://www.oweesta.org/services#sthash.ioesjgX5.dpuf
Tuesday, August 12, 2014
Sunday, August 10, 2014
Expert Views on Business Plans
The experts that I have chosen to research are Carl
Schramm and Andrea Cockerton. Carl Schramm is an entrepreneur and PhD economist
who many have referred to as the “evangelist of entrepreneurship.” He is also
the former CEO of the Kauffman Foundation, a philanthropic foundation that
happens to be one of the nations leading funders for entrepreneurship research.
Andrea Cockerton is a pitch expert, helping entrepreneurs pitch for funding.
She has held entrepreneurial workshops in the UK and helped more than 350
entrepreneurs. Cockerton is also an MIT Enterprise Forum board member.
According to the experts some key components that investors
are looking for in a business plan are targeting a growing market, groundbreaking
ideas, and that there is a plan to action. It is essential to target a growing
market that has a need for your service or product. A growing market tends to
not be overly saturated with products and services and allows for opportunities
for growth and expansion. Groundbreaking ideas have the potential to grab
investor attention and stand out amongst competitors business plan. If your
idea, product, or idea grabs the investor’s attention, it has the potential to
grab the publics’ attention. Carl Schramm shared his views in regards to
characteristics of an entrepreneur, “They see things differently…” Having a
unique point of view can assist in coming up with groundbreaking ideas,
products, or services. An investor is more likely to consider business plans
with a plan to action. The plan of action has to be specific to your industry.
Knowing your industry has a lot to do with your plan of action. Research is key
in this regard.
The suggestion that I am considering for my business plan
involves having a more detailed plan to action. I plan to lay out my initial
12-month business and marketing strategies in regards to my industry. Having
this plan will work as a guideline with room for change and flexibility. My
involvement in the music industry means that my business must be flexible in
order to survive the ever-changing climate of this industry.
Sources
Expert Views on Business Plans. (n.d.).
: Andrea Cockerton & Angelo Meneguzzi. Retrieved August 10, 2014,
from http://bpexpertviews.blogspot.com/2012/08/andrea-cockerton-angelo-meneguzzi.html
Expert Views on Business Plans. (n.d.).
Expert Views on Business Plans. Retrieved August 10, 2014, from http://bpexpertviews.blogspot.com/
Gleeson, B. (2013, February 25).
Searching for Angels: The 10 Best Ways to Attract Investors. Forbes.
Retrieved August 10, 2014, from http://www.forbes.com/sites/brentgleeson/2013/02/25/searching-for-angels-the-10-best-ways-to-attract-investors/
How formal choral scholar Andrea
Cockerton turned the Dowsing Sound Collective from a hobby to a business.
(n.d.). Cambridge News. Retrieved August 10, 2014, from http://www.cambridge-news.co.uk/Business/Business-News/How-formal-choral-scholar-Andrea-Cockerton-turned-the-Dowsing-Sound-Collective-from-a-hobby-to-a-business-20140129145347.htm
Schramm, C. (2014, June 1). Why
Immigration Is Crucial To The Revival Of America's Cities. Forbes.
Retrieved August 10, 2014, from http://www.forbes.com/sites/carlschramm/2014/06/01/why-immigration-is-crucial-to-the-revival-of-americas-cities/
Sunday, July 13, 2014
An Awards Show for the Rest of Us!
![]() |
www.pensadoawards.com |
On June 28th 2014 at the Fairmont Miramar Hotel
in Santa Monica the inaugural Pensado Awards took place honoring all of the
talented individuals behind the scenes who make the music you love possible.
With categories such as, Break Thru Mixer Award, Game Changer Producer of the
Year Award, OMG! Mix of the Year, Master of Mastering, and AIR Award for best
assistant, Intern, or Runner, the Pensado Awards set itself apart from other
award shows as a celebration of the underdog and under appreciated.
Dave Pensado and Herb Trawick are co-host of Pensado’sPlace, a weekly show that offers audio techniques and interviews with industry
professionals such as mix and tracking engineers, producers, artist, and studio
managers. Dave Pensado is a Grammy Award winning engineer who has mixed for
some of the industry’s biggest talents.
The Pensado Awards was an all-inclusive event, open to
everyone, including the after party. This awards ceremony gave up and coming
artist and engineers an opportunity to network with heavy weights within the
music industry. The tickets at only $50 per, including the after party, made
this event even more accessible. According to Forbes, “The Pensado Awards
leveled the playing field.” While
receiving the Live/Front of House Mixer Award, John McBride shared his
excitement about the future of the audio industry, “I really believe that the
bar is being raised again….great things are on the horizon and happening
again.”
The amount of information and knowledge that is
being spread online through shows such as Pensado’s Place, I can see John
McBride’s vision and share in his excitement for the future of audio. Not only
is their a strong community within the virtual world of audio, these
communities are also starting to expand and create spaces for professionals and
enthusiast to come together and celebrate their love and passion for music. I
believe that
the Inaugural Pensado Awards just might be the catalyst for more
to come.
Tuesday, June 24, 2014
A.I. Mastering
There is a new online mastering service, which goes by the
name of Landr and provides remote, (instant)
mastering services free of charge. That’s right “free” but only for 192 kbps
MP3s. If you want uncompressed wav files you will have to dish out $9-$19 per
month, still not a bad deal if these services are what they say. It is true
that mastering is critical to achieving that “polished” sound, but the reality
is that it can be an expensive undertaking for independent artists. Just think
about how much that an artist has already spent on production, recording and
mixing. By the time a project reaches the mastering phase the budget has been
depleted.
MixGenius claims that
more than 8 years of research went into the algorithms utilized to master the
audio. The website goes on to say, “Our team is composed of music industry
veterans - award winning mixing engineers, top-level DSP programmers,
musicians, producers and label owners - who know exactly what the mastering
process needs to deliver.” With that amount of brainpower and resources, my
expectations that this might actually work increased significantly.
In my opinion, Landr might not be the ideal mastering
situation for the independent artists, but it can work with specific genres
especially if you are trying to compete with industry “loudness.” I can see
these types of A.I. mastering services getting relatively better in the coming
years. Another application that producers and mix engineers may take advantage
of is using Landr to expose potential problems in the mix.
Sunday, May 11, 2014
"Sample" Drama
Sample clearance liability and the resulting court cases and
controversies surrounding illegally used samples have been a major topic of
conversation and debate in recent years. The music industry has seen its share
of high profile lawsuits over sample clearance. I will discuss two cases that
have been decided and one recent instance that has yet to be decided.
First we will take a look at the 2012 settlement of Kanye
West, Jay Z and Sly Johnson. West and Jay Z’s collaborative album Watch the Throne featured a song
entitled “The Joy” which utilized an unauthorized sample of Sly Johnsons song
“Different Strokes.” Johnson claims that West attempted to gain authorization
for use of the song in 2010 for his album Beautiful
Dark Twisted Fantasy. West never obtained the authorization and decided to
use it on “Watch the Throne.” The terms of the settlement have not been
disclosed publically.
The fact that Kanye West was unable to gain authorization
for use of the sample may have been a deterrent for most artists, but this did
not stop Mr. West. Evidently he
determined that the risk was worth the reward. I am sure he took into
consideration the financial clout that he and Jay Z possessed and was confident
that a settlement could be reached if a lawsuit was filed. Most record labels
and artist do not possess the financial capital to risk moving forward with the
use of an unauthorized sample.
The second case we will take a look at is the lawsuit filed
against Madonna and producer Robert Pettibone by VMG Salsoul. VMG Salsoul, the
copyright owner of the composition called “Love Break” claims that Madonna
sampled a Horn Hit from the composition. VMG went as far as to claim that
Madonna and Pettibone attempted to hide or disguise the sample. U.S.
District Court Judge Beverly O'Connell
saw it differently and ruled that “...any sampling of the Horn Hit was
de minimis or trivial.”
Even though this case was ruled in favor of the recording
artist and producer, it still serves a reminder to all artist, labels and
producers that we must be aware of the potential of sample liability. Something
like a single Horn Hit may seem trivial to most, but if used repetitively
throughout a composition can cause some undue fuss and stress.
Lastly we will look at Drakes recent legal battle with jazz
musician, Jimmy Smiths’ Estate. On Drake’s latest album, “Nothing Was The
Same,” the rapper used a sample from Smith’s 1982 song “Jimmy Smith Rap.” On
Drakes song, “Pound Cake/Paris Morton Music 2” he uses a 35 second monologue
from “Jimmy Smith Rap.” Smith’s Estate claims that Drake never obtained
permission to use the sample and is asking for more than $300,000 in damages. Apparently
the credits in the album liner notes state otherwise. In this example we can
clearly see that even if we attribute proper credit to the copyright holder or
content creator we still need to make sure we have the appropriate licensing to
utilize the sample.
In looking to start my own independent record label, I will
look at using samples only at a bare minimum. If a sample must be used then we
will do our best to ensure that we contact the content creators, publishers and
record labels to gain the proper licensing to utilize the sample.
Saturday, April 5, 2014
Cloud Rap?
Hip Hop in a little over 40 years after its inception has
grown into a mammoth of a genre and just as rock and jazz have done over their
lifespans, has spawned several sub-genres. Wikipedia has listed over 50 sub-genres,
which could be a conservative figure when you start considering global hip hop
scenes as well as fusions such as hick hop and rock hop.
From alternative hip hop to crunk, from conscious hip hop to
gangsta rap, hip hop can no longer be simply categorized by regional
affiliation. It’s bigger than east and west coast hip hop or Midwest and dirty
south hip hop, this genre we know as hip hop is a global phenomenon which is
being expressed in a myriad of styles, languages, and ideals.
One of the more recent sub-genres to develop is the sensation
known as cloud rap. 2010, 2011 saw The BasedGod himself, Lil B make an impact
on the hip hop world with his whimsical lyrics and ethereal production from New
Jersey producer Clams Casino. This seems to be what many consider the
beginnings of the cloud rap movement. What took traction and pushed the
movement forward was Casino’s atmospheric soundscapes more so than Lil-B’s
lyrical prowess. Clams Casino has also produced for A$AP Rocky and Mac Miller
who both have a foot in the cloud rap genre.
Sunday, March 9, 2014
Negotiation Tactics
While taking a more in depth look at the negotiation process
I came across some great informational videos presented by industry
professionals. The first video I am discussing is a presentation given by
Margaret Neale from the Stanford Graduate School of Business entitled “Getting What You Want.” Neale shared some great information on the concept of “mutual benefits.” In the negotiation process
both parties are not always left feeling as if the “won.” One party usually
feels that they gained the upper hand. When looking at negotiating from the
viewpoint of how can we reach benefits for both parties, we can approach the
negotiation process with the idea of packaging the interests of both sides. The
idea of “bundling alternative proposals” promotes the idea mutual benefit,
which is discussed in the book Getting to
Yes.
The author of the book Getting
to Yes, William Ury conducted a Ted Talks presentation entitled, The walk from “no” to “yes." In this presentation Uri opened by sharing a story of his
negotiation experience in Eastern Europe. He went on to explain how the
negotiation started out on a rocky note. The opposing sides started out blaming
the other party for past years of conflict, the accusations eventually turned
toward him. Uri chose to respond by utilizing the concept of “separating people
from the problem” by redirected attention to the actual problem at hand; he was
able to move the negotiation forward in a positive direction.
John Kellog from Berklee College of Music shared insight on
contract negotiation amongst other subject matters in a video presented by
Artist House Music. In contract negotiation Kellog explained the use of using “Objective
Criteria” to negotiate terms of recording contracts. The utilization of
precedents and industry standards provides a firm foundation as you present
your interest moving forward in the negotiation process.
Sunday, February 9, 2014
A Quality Education
In this post I will like to discuss the growing number of educational outlets for today's producers and engineers. Sites such as therecordingrevolution.com, pensadosplace.tv and theproaudiofiles.com are great resources for aspiring and professional producers and engineers alike. The Recording Revolution and Pensado's Place also have YouTube channels that engage the audience with visual tutorials and interviews with industry professionals. The ever-evolving landscape of the professional audio industry can seem overwhelming to aspiring professionals. Staying up to date with the goings on in the audio world is crucial for success. The utilization of these educational online outlets gives amateurs and professionals alike, the opportunity to stay abreast in today's audio professions.
As opportunities for apprenticeships in big name studios and production houses continue to shrink, first hand education can suffer. Fortunately with change there also comes opportunity. Exploring online audio communities can allow producers/engineers to engage in different perspectives and techniques that one may apply as fits to his or her workflow and/or personality. Social Networking also offers its share of informative audio communities. You can check out the Mattrix Minute on Twitter and Spotify to get daily 60 second tips on how to succeed in the music business.
There are also numerous opportunities for emerging producers and engineers to practice their craft and submit their work for a chance for prizes and work within the industry. A site like indabamusic.com gives producers and engineers opportunities to remix and produce tracks for industry peers and professionals. For more informative content you can also check out indablog for great tips and suggestions. Indabamusic has recently launched a licensing leg, indabasync, which presents a great opportunity for emerging artist to license their music commercially to games, film, television and a variety of other media opportunities.
As you can see there are many educational opportunities for emerging audio professionals. The few I have listed above are simply sites and blogs that I personally use and resonate with. My suggestion to you is to explore the myriad of sites and networks, until you find the communities that resonate with you.
Wednesday, January 29, 2014
You Have to Be There!
When it comes to innovation, I believe
that Ryan and Hays Holladay could be on to something. Their GPS based
sound-scape application allows users to peruse popular tourist destinations
such as Central Park and the National Mall to the beat of the Holladay's drum,
violin or cello.
The Holladay brothers’ musical
compositions are written for specific places and the music evolves and changes
depending on how the user chooses to explore the environment it was written
for. The musical passages are interchangeable and the order in which one hears
each section does not matter, it actually gives the album a renewed perspective
when the listener takes on new routes. The brothers have released three albums as iPhone applications, the first is from their home town of the nations capital, "The National Mall." The second album entitled, “Central Park
(Listen to the Light)” was released as an iPhone app by Bluebrain. Organizers
of SXSW Interactive commissioned the third and most recent installment of
Location-Aware Music entitled “The Violet Crown”. Also released as an iPhone
app, “The Violet Crown” gives festivalgoers an opportunity to engage in a sonic
adventure as they explore the festival grounds.
To experience these site-specific-compositions, one actually must be there. This concept takes interactive
content to a really unique place. The listener actually becomes the conductor
and arranger of the musical piece by choosing which path to take first,
deciding to take a right or left can engage the string section or lead to a
percussive build. Personally I always
have a soundtrack going on in my head depending on which activity I am engaging
in. This music-mapping app is actually giving you a soundtrack as you explore
the world and in my opinion that is really innovative.
Ryan Holladay’s TED presentation
entitled “To hear this music you have to be there. Literally” really inspired
me to explore new territories when it comes to media and entertainment.
Technology has opened the door to an endless array of possibilities for artist
and visionaries to express and explore their wildest dreams and aspirations.
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