Case Study : Record Label Music Co Essay

People listen to music for a variety of reasons. Some listen to music to relax in which it serves as a sort of escape from everyday life, some because they are a fan and follow a certain artist, and others because they can relate the lyrics to their own personal experiences. Whichever the case may be, music has and continues to serve an important role in people’s lives.

I propose that all unsigned rising artist should target the business side of the music industry to be successful in the entertainment business because it allows the artist to be taken seriously and make solid connections that can further his/her career. Learning the works of the music industry also enables a new artist to be further successful and profitable. Recent studies show that most new artists without professional representation and a business mindset have a slimmer chance in getting signed to major or independent labels (Lowry, 2011). Overall, the specific change needed is that unsigned artists should be concentrating on their careers as professionals and not amateurs, thus focusing on the ins and outs of the music business and

DMAIC (Define, Measure, Analyse, Improve, Control) is a sub-methodology helps improvement of the existing processes. It is often necessary to iterate through the Measure-Analyze-Improve steps.

1. Write a null and an alternative hypothesis for each of the following. Be sure to state

The Music Industry has been a constant in the hearts of fans and the general public for years. During those years, music companies were ran a certain way that may have seemed successful for a while. Everything changed when Independent Record Labels were created. Music was revolutionized when the effects of Independent Record Labels took place, when Atlantic Records was created, and when founders, producers, and artists worked together to create a viable business and music outlet.

Many people have dreams of being a part of the music industry and becoming successful musicians, but do not seem to do the research necessary to make the dream come true. The music industry is a branch of the entertainment industry and is where music, whether it is recordings or performances, is distributed and sold to the public. One of the problems is that people do not realize the risks that come with being a part of the music industry and being a musician. There are many factors that come into play when deciding to pursue a career in the music industry. Factors would include having noteworthy knowledge of music, originality, publicity, and business entitlement.

Performance measurements are used to characterize and define performance in a project. They are used to track and manage progress toward achieving specific project goals. Performance measurements help determine how decision-making processes of a project led to its success or failure, understanding these can help organizations make future improvements. It is a project manager's responsibility to measure performance based on the triple constraints of time, budget, and quality of a project. There are many performance measurements a project manager can use based on the type of project at hand, this paper compares and contrasts the following measurements -

Project management provides reasonable scientific solutions in order to overcome difficulties and achieve success. Each project has a variety of objectives have to achieve, these objectives are vary and can be for organization objectives or for social objectives. However, the project objectives could face some obstacles could be lead to limited success. The attempt to discover the factors of project success and project failure was not easy task for both scholars and expertise. These definitions can provide a close understanding and explanation for these terms. Many project management literatures have variety definitions of project success. (Adinyira, 2012) pointed out that Pinto and Slevin (1988) defined the success as delivering projects on proper time, cost and quality. Others like westerveld, elizabith have different ideas regarding the success that are related to the judge of stakeholders and organizational management. However, nowadays success become more complex issue to determine, it is not only meeting the costs and time it is belonging to the typology and sector of the project

However, due to the particularity of project development, it is difficult for us to obtain accurate description from the project sponsor to determine the management objectives should be achieved. Management system on the gap, the manager's personal preferences, the project sponsor's level of knowledge, may lead to project managers in the development of the target deviation. We believe that management objectives are hierarchical, including high-level goals and low-level goals. For example, improving the organization's software development capabilities, process capability maturity, these are high-level goals; saving costs at some stage of a specific project, accelerating progress, there are low-level goals. In general, the more high-level goals can be accepted by more people, the use of long, wide range. In addition, low-level goals should be subject to high-level goals. But the low-level goals are more specific, which is easy to analyze and manage. Therefore, managers need a comprehensive analysis of the management objectives of the structure, selecting the appropriate level objectives. What’s more, in the same level of project management objectives always

Six Sigma is a measurement based strategy for process improvement and problem reduction. It is completed through the application of the Quality Improvement project and accomplished with the use of two Six Sigma models. One model is DMAIC (define, measure, analyze, improve, control), which is designed to examine

The music industry has changed in very quickly in so many ways it almost seems impossible. Thomas Edison recorded the first voice in 1877 and now we listen to hundreds of different types of music on devices that hold more information than the computers that sent the first astronaut to the moon. People have been getting music in tons of ways for the past hundred plus years and when the internet came into the picture, the music industry sky rocketed. People could get their own music out and be heard just by clicking a few measly buttons and using the internet to stream millions of songs with high speed. But even though the internet has helped the music industry by making it easier to distribute, advertise, and produce music, it still has its disadvantages.

The music industry has generally given consumers two methods for accessing their favourite music, download the songs manually from the internet yourself, or pay a fee per song to have it purchased and placed in your library. The first option is usually unappealing as it can be a tedious process and cheats the artist of their well-deserved revenue. The latter, only allows users to access songs that they have paid for. All of this changed when online streaming platforms began emerging into the market. These platforms allow users to pay a fixed rate per month in order to access the organization’s repository of millions of different tracks, online as well as offline. Spotify, the industry leader, offers its users a premium service that is far superior

The moment you step foot into the music industry as a professional, you discover a sub culture that has its own style of dealings and relationships. Irrespective of whether you are a musician, manager, promoter, a journalist or the ever essential sound guy (or woman of course), there are some things that you’re expected to know and do before you even begin. So, to help you avoid mistakes and hopefully fill you in on some essential rules, here are 10 tips for music industry newbies that I have picked up.

The concept of Six Sigma was developed in the early 1980’s at Motorola Corporation (Harry and Schroeder, 2000). Six Sigma can be defined as a statistical measure of the performance of a process or product (Kumi et. al., 2006). It is used as a quality control mechanism, which seeks to reduce defects or variations in a process to 3.4 per million opportunities thereby optimizing output and increasing customer satisfaction (Sambhe, 2012). Sigma is representing the standard deviation, a unit of measurement that designates the distribution or spread about the mean of a process (Six Sigma Academy, 2002). In addition, the Six Sigma uniquely driven by close understanding of customer needs, disciplined use of fact, data, and statistical analysis, and diligent attention to managing improving, and reinventing business processes (Pande, P., et. al. 2000). The Six Sigma methodology uses statistical tools to identify the factors that matter most for improving the quality of processes and generating bottom-line results. The Six Sigma DMAIC (Define, Measure,

The evolution of the music industry follows the familiar pattern of digitization. Innovation began with the introduction of the vinyl record, transitioned from the cassette tape to the compact disc and landed us in an era of digital downloads. The emergence of music streaming services like Spotify has progressed the industry even further, giving consumers the ability to access music on demand using download-free online platforms. Spotify faces criticism from artists as a result of the overlap of creativity and commerce. They argue that business activities corrupt creativity, transforming it into a tool for profitability rather than an outlet for expression. Artists insist that Spotify deters album sales, favors established artists and fails to support them financially. However, Spotify was created for consumers. It delivers an accessible alternative to purchasing and downloading music. The interplay between creativity and commerce is changing the nature of the music industry. Spotify has adapted to this change, providing a platform that supports both artists and consumers. Through analysis of the market, artist’s revenue, record labels and consumers, I will argue that artists should accept the evolution of the industry and support Spotify.