My Internship Experience By Greg Capra. Nielsen SoundScan January 1991 - A sales data tracking system titled SoundScan created by Mike Fine & Mike Shalett.

Slides:



Advertisements
Similar presentations
Owning a Wi-Fi TV TM Owning a Wi-Fi TV TM Channel.
Advertisements

Rightsrouter and DOI Presentation to IDF Members Meeting 22nd June 2004 Gordon Rintoul - Director of Operations.
Five Ways to Shift the Paradigm with Intellectual Property, Challenge Conventional Laissez Fair and Blow Your Client Away with Results.
La June R. Justin D. Obed M.. 1) Why might Aware Records want to remain an independent label rather than associating fully with a larger company? Because.
Fat Beats, Inc.. What is it? History Retail basement store open in 1994 Owned by Joseph Abajian (DJ, B-Boy, and producer DJ Jab) Fat Beats, Inc. Headquarters.
Chapter 16 Music Business Handbook and Career Guide, 10th Ed. © 2013 Sherwood Publishing Partners.
Introduction EMI music group was established in 1931 when Gramophone Company merges with Columbia Graph phone to form Electric and Musical Industries.
Technological Convergence for Institutions & Audiences
Mark Pendolino COM 538 – Digital Media Theories Marketing Music Today: The Effect of New Media on the Marketing and Promotion of Musical Artists.
Dell Rob Rochester. Dell Dell is the industry leader in direct sale of personal computers to consumers. Since its start Dell has looked to over simplify.
Listening to Starbucks Josh Hayden Dan Bianchini.
Standardized Information Sources. Ch 72 What is Standardized Information? Standardized information is a type of secondary data in which the data collected.
Marketing Music and Theater Chapter 8.3. Today’s Music  The media used for recording and playing back music and the channels of distribution continue.
 Entertainment Marketing – the process of developing, promoting, and distributing products, or goods and services, to satisfy customers’ needs and wants.
Record Label Promotion and Distribution Chapter Fourteen
Marketplace Research Chapter Fifteen
The Music Business System Chapter Three
Part 5: The Recording Industry. Chapter 17 Start Thinking... How are the music charts (Top 100, Billboard 200, etc.) compiled? Who compiles this information?
Secondary Data. Secondary Data -- data gathered for purposes other than the present study  Advantages Cheap in terms of time and money  Disadvantages.
Business Overview. What is Venzo Digital? A award-winning web platform that helps people sell music & apps on iTunes for free! We operate on a freemium.
1 Music 2.0 Revenue Streams, Consumer Behavior and Policy Issues Kristin Thomson Ignite : Philly June 11, 2008 Kristin Thomson and Michael Bracy Future.
OCR A2 MEDIA.  Online media… What is it?  Online media… where did it begin?  Example of online production  Example of online distribution  Example.
Corporate Presentation 2011 JMD TeleFilms Industries Limited.
WHAT IS THE MUSIC INDUSTRY? MUSIC INDUSTRY DEFINITION – A BUSINESS MAINLY SPLIT INTO FOUR PARTS INCLUDING:RECORDING OF THE MUSIC, SONG WRITING, PUBLISHING,
What kind of media institution might distribute your media product and why? By Jess Knight Question 3.
Business Models In Media Industries. Definitions (1) A business model is an action methodology for the systematic and routine generation of money or equivalent.
Part 3: Managing Artist Relationships. Chapter 11.
Lecture 2 Title: E-Business Advantages By: Mr Hashem Alaidaros MIS 326.
Entertainment Distribution ENTERTAINMENT Written by: M. Reed Georgia CTAE Resource Network 2010.
The iTunes Store Jack Oh / DipIT0803. History of iTunes Store April 28, 2003 Sept 8, 2003 Oct 16, 2003 Dec 16, 2004 July 18, 2005 Aug 4, 2005 Oct 12,
Inside Record Labels 3.1. Major Label Departments CEO of a major label will generally oversee the business affairs of all the affiliated labels under.
Channel Strategy for Social Review Industry Direct or Indirect?

The Recording Industry Week 4. THE RISE OF RECORDS As late as 1880 or 1890, people growing up in a middle-class U.S. household had no recorded music in.
Blue Pie Productions A presentation for Blue Pie artists on how we deliver our music to the WORLD!
Corporate Presentation 2011 JMD TeleFilms Industries Limited.
THE CHANGING DYNAMICS OF CONVENIENCE STORE RETAILING.
Financing and Shaping the Media: Advertising, Public Relations, and Marketing Communications Week Three.
The Book Industry Week Five. BASIC THEMES The modern book did not arrive in a flash as a result of one investor’s grand change The book as a medium of.
The Business of Music Promotion By: Demetri Nerris.
E-Commerce.
Addictive Flow Jessica Escalona. What is Addictive Flow? ► We’re not just a recording studio. We’re a production company. ► Specialize with hip-hop and.
What is the total price of a $ item if the sales tax rate is 6%?
Music’s New Gatekeeper March 9, 2007 Page W1 Kyle, David, Phil, Isaiah.
Apple Inc ISO.
MEDIA BY DAVID TEMBO. OBJECTIVES  Description on the current state of the media  Explain in detail Reasons:  File sharing  Piracy  Digital media.
Media Industry Structure: Oligopoly The “few” selling to the many: Dominant firm oligopoly: One firm holds 50-90% of the market Tight oligopoly: Four firms.
Chapter 13 Retailing and Wholesaling. Topics to Cover Wholesaling.
E-Commerce & M-Commerce. Introduction Electronic commerce, commonly known as e- commerce, It is a type of industry where buying and selling of product.
What Is Sports and Entertainment Marketing?
The Impact of Social Media on Touring and Live Performance Doni Tavel Senior, Management School of Public and Environmental Affairs
EVENT DISTRIBUTION Sports Entertainment and Recreation Marketing.
Part 3: Managing Artist Relationships. Chapter 11.
Entertainment Pricing. P P P P The Marketing Mix—The Four Ps 2 involve the goods, services, or ideas used to satisfy consumer needs. Product Decisions.
Part 5: Live Music. Chapter 16 Start Thinking... Brainstorm all the factors you believe contribute to a successful, well-planned concert.
Independent and Major Record Label Company
The Music Business System Chapter Three
Music Publishing.
DIGITAL ENTERTAINMENT
More Harmony Restored The music products industry had been reduced to a mere whimper during 2009 when retail sales were only $5.8 billion; however, every.
Unit 1: The Music Industry (External Exam)
Overview While DVD sales fell sharply last year, rentals rose 8.2%.
Distributing Entertainment
Unit 1: The Music Industry
The Media Business: Consolidation, Globalization, and the Long Tail
The Plot Thickens Total 2017 bookstore sales, which include brick-and-mortar and online sales, were $10.73 billion, a 3.65% decrease from 2016’s $11.14.
Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD.
Media Industry Structure: Oligopoly
Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD.
Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD.
Presentation transcript:

My Internship Experience By Greg Capra

Nielsen SoundScan January A sales data tracking system titled SoundScan created by Mike Fine & Mike Shalett March 1 st Sales data first tracked for November 30, First debut of hot 100 chart with SoundScan system Sales data collected from 14,000 retail, mass merchant, online outlets SoundScan Clients - All major & various indie labels, artist managers, booking agents, concert promoters, venue owners, online retailers & digital delivery companies

The Nielsen Company – The History Est. of A.C. Nielsen Co. & Nielsen Media Research by Arthur C. Nielsen 1930’s - Audience Studies– Extension of retail food and drug purchase A.C. Nielsen writes first Nielsen Code Acquisition of the Audimeter or “The Black Box”

The Nielsen Company – The History The Audimeter expanded for Television ratings AC Nielsen introduce the Recordimeter AC Nielsen introduce the Peoplemeter

The Nielsen Company – The History AC Nielsen Co. acquired by VNU VNU acquired privately via six private equity firms VNU becomes The Nielsen Company Present - AC Nielsen considered one of largest businesses in The Nielsen Company Publicly Traded Companies: Nielsen Television Index (NTI), Nielsen Station Index (NSI), Nielsen Syndication Services (NSS), & Homevideo Index (NHI)

Nielsen Entertainment Products & Services SoundScan BookScan RingScan VideoScan GameScan (LA Office) BDSRadio.com BDSExpress.com Encore

Official SoundScan Homepage Nielsen SoundScan & Christian Nielsen BookScan & Spain Nielsen RingScan Nielsen Video Scan Nielsen GameScan Canadian SoundScan & Insight Nielsen International Tracks BDSRadio.com & BDSExpress.com Beta Websites

SoundScan Data Access by Category

National Retail Sales - Retail categories, Geographic Region & Place

DMA Sales

Chart & Sales History

Title Compare

SoundScan Database Lingo YTD - Year-To-Date RTD - Release-To-Date RK – Rank TW - This Week DMA – Designated Market Area BDS – Broadcast Data Systems

Holding onto the old model of music sales is INSANE!!! Brick and Mortar is now just one way we do business…

Music Retail Chains: The Remaining Few..?

Mass-Merchants currently retain the remaining brick-and-mortar sales… “Big Box Stores” (ie. stores that sell goods other than pre- recorded music) increased from 15.6% of all music sales in 1989 to 52.8% in Traditional music stores have declined from 71.7% of total sales in 1989 to 33.2% in 2003.

Significant Music Industry Impacts Innovative Media: When, Where & How You Want It Released in October of 2005Released on November 16th, 2006 Introduced by Apple on January 10 th, Mac World Expo Released on June 29 th, 2007

An Online Revolution Some Just Can’t Live Without Possible iTunes-based Myspace Music store Potential SoundScan Clients ?

Nielsen in the 21 st Century Nielsen GameScan will contribute to the success of SoundScan with the integration of both indie & mainstream artists’ music marketed into video games resulting in potential increased CD & digital salesNielsen GameScan will contribute to the success of SoundScan with the integration of both indie & mainstream artists’ music marketed into video games resulting in potential increased CD & digital sales Nielsen RingScan continues to maintain a successful clientele based on the popular & profitable success in ring-tone sales, exceeding the.99-cents iTunes marketNielsen RingScan continues to maintain a successful clientele based on the popular & profitable success in ring-tone sales, exceeding the.99-cents iTunes market

Nielsen in the 21 st Century Considering all of the technological advancements in the past 5-10 years, musicians especially, have the independence to potentially record their music, self-promote, market, and arrange distribution deals without relying on a major label. Although, some artists still believe mainstream success is predicated on signing with a major or indie label

Acquired Knowledge & Experience  Goldmine Application - Learned to make & update Master Client files including their SS ID, Account Manager, specific account type & level of access

Acquired Knowledge & Experience  Made contact database for former Navarre clients offering reduced SoundScan account  Made record label marketing report spreadsheet indicating their retail market shares in %’s  Learned how to access SoundScan info via dev.vnureig.com  Learned to fill out Client Information Change forms  Given opportunity to display my writing skills in putting together a NARM Valued Clients letter -w- Trudy Lartz’ assistance  Furthered my communication skills (Contacting clients via telephone & fax, Internet websites & ) Learned the weekly Sunday-Saturday process with clients sending text document-based sales information input no later than Tuesday evening & officially displayed Wednesday morning via SoundScan website

Notable Points KOCH Records acquisition of Navarre Publishing & Distribution Based on the current direction of the music industry, some mainstream record labels have offered unprecedented advances to artists in exchange for a % of their touring revenues. This may impact the amount of CD’s distributed and sold, resulting with a lower amount of record sales. Between Internet access & relatively low-prices for recording programs & equipment, artists have opportunities to self- promote and market themselves w/o the assistance of an indie or major label. Hence, SoundScan may lose indie and/or major label clients due to this ‘technological independence.’ Between Internet access & relatively low-prices for recording programs & equipment, artists have opportunities to self- promote and market themselves w/o the assistance of an indie or major label. Hence, SoundScan may lose indie and/or major label clients due to this ‘technological independence.’