Rolling Stones More Valuable Than David Bowie, Latest Report Claims

artist: misc date: 12/19/2013 category: entertainment
I like this
64
voted: 10
Rolling Stones More Valuable Than David Bowie, Latest Report Claims
The latest UK Music report revealed interesting data regarding the state of UK music industry, making it official that on a grand scale, concerts have overtaken studio records as musicians' primary source of income. As Independent reports, the research also suggests that the Rolling Stones are a more valuable asset than David Bowie. Taking four "commercial assets" of the music industry - "musical composition and/or lyrics, a recording of a musical composition, live musical performance and an artist him or herself (as a brand, reputation or image)" - into consideration, the report further finds: "Some artists may have more commercial potential in one or other of the assets. The Rolling Stones, for example, have recorded new music relatively infrequently in recent years. However, they retain tremendous capacity to attract live audiences. Equally, David Bowie has released a new album (commercial assets one and two) that has been well received but he has not (as of yet) performed these songs live (commercial asset three)." Furthermore, the study stresses the importance of factor No. 4 - exploitation of image or a brand - as increasingly crucial in modern times, particularly for talent show creations such as One Direction. "[There are artists] whose professional careers begin with TV shows like the X Factor - who have a personal brand that is disproportionately large as compared with their success to-date in developing commercial assets one (songwriting) and two (record sales)," the report reads. In total, the UK music industry has "contributed £3.5 billion ($5.73 billion) in gross added value (profit and wages) in 2012, £1.4 billion ($2.3 billion) in exports and employed more than 100,000 full-time workers."
More misc news:
+ Earnings and Attendance: How Much Money Rush, Slipknot, Tremonti and More Grossed at Recent Shows Industry News 05/27/2015
+ Producer Glenn Fricker Picks Top 5 Free Plugins for Metal Production General Music News 05/27/2015
+ Metal Songs Switched to Major Key Sound Hilariously Happy Entertainment 05/25/2015
+ Guy Combines Guitar and Drum Machine With Cool Results, Delivers Tons of Groove Entertainment 05/21/2015
+ You Can Now Hire Members of Megadeth, Testament, Lamb of God to Play in Your Band General Music News 05/20/2015
+ BMG Snap Up Rise Records Industry News 05/20/2015
+ view all
Comments
Your captcha is incorrect