Frisco Station’s Post

Great story today in The New York Times about recurring revenue programs like membership and the way they’re expanding renewable revenue streams for #artsandculture. The Cleveland Orchestra and the Arkansas Symphony Orchestra, along with friends at the The Saint Paul Chamber Orchestra are innovating in the classical music industry, as are leaders at The Phoenix Theatre Company and many other theaters across the the US and UK. Worried about the revenue model? These cited leaders have it right: monthly recurring revenue, year over year without annual campaign “renewal” expenses, plus increased participation and philanthropy, create count-on-able income. Is it all good news? Not one specific marketing tactic meets ALL needs! The subscription isn’t dead—many, many folks still prefer having the arts they love booked into their calendar in advance. Just ask them! (And I’m one of them). But today we must adapt and listen, adapt and listen, adapt and listen. #recurringrevenue TRG Arts

📢 ELITE CEOS TESTIMONIAL 📢 Prior to Elite CEOs, Daniel was charging low ticket for his business in the music industry. Just by learning the high ticket process with us, he was able to double his revenue! Hear more about his story below👇

The future

Music is Economy— PERIOD!!! A centralized statewide office Makes it All Make Sense!!! A main key to success is organization. Let’s create the equilibrium needed, and collectively be drivers of effective change in the “gig” /“creator” economy.

📢 ELITE CEOS TESTIMONIAL 📢 Prior to Elite CEOs, Daniel was charging low ticket for his business in the music industry. Just by learning the high ticket process with us, he was able to double his revenue! Hear more about his story below👇

New Post: Universal Music Group and DGMC Want to Build a ‘Music City’ in the UAE - https://lnkd.in/g9VUxdr6 - Universal Music Group is poised to open its first Capitol Studios outside of Hollywood, plus live performance spaces, music education academies and a new record label, as part of a collaboration with DGMC in the burgeoning music hub of the United Arab Emirates. UMG and DGMC, a UAE-based music organization, will work together to build what’s described as a “Music City” that will serve as a regional hub for both local and global recording artists and songwriters in the fast-growing Middle East and North Africa (MENA) region. The planned studios will include all the latest accoutrement, including a Dolby Atmos mixing room, state-of-the-art recording equipment and rehearsal rooms for artists and writers. The label will be a joint venture between the two companies and will work to turn local artists into global stars. “At its heart, the UMG-DGMC partnership’s aim is to support and nurture talented artists and songwriters in the region and help them reach their full creative and commercial potential,” the companies said in a joint announcement on Monday (Feb. 12). The tie-up follows on the heels of UMG’s acquisition of UAE-based music company Chabaka late last summer to become part of Virgin Music Group. An increasingly attractive region for music mergers and acquisitions, MENA had the highest growth rate of any global region in 2021 and the third-fastest growth — 23.8% — in 2022, according to the IFPI. “We have long recognized the potential in the Middle East, and are incredibly proud to be working with world-class partners like DGMC,” said Adam Granite, executive vp of market development for UMG. “We share their excitement and vision to harness this potential and nurture the next generation of recording artists and songwriters. Our partnership will create a powerful platform for the incredible talent in the region and accelerate their careers at home and abroad.” - #news #business #world -------------------------------------------------- Download: Stupid Simple CMS - https://lnkd.in/g4y9XFgR -------------------------------------------------- or download at SourceForge - https://lnkd.in/gNqB7dnp

Under UMG's new regional structural initiative, their East Coast Record Labels, including Def Jam Records, have combined to organize "Republic Corps." This article talks about the new structure of both the company and the changes in management with the changes that have come along with this organization, as well as its affects on UMG as a whole. What do you think of this change in UMG? What do you think it means for record labels in the future? David Philp #musicindustry #music #universalmusicgroup #umg

Members Clubs, the honours system and what Blur taught me about the emptiness of 'success' The Garrick club is in the news today because it has finally agreed to let women become members. It got me thinking about members clubs more generally, knighthoods, being a VIP and other external markers of success. And it reminded me of a story about two visits I made to a music festival... To read the full post see my Substack #success #thegarrick #royalfamily #blur #entrepreneurship https://lnkd.in/drW-xGfq

Loving the steady income from my music school! Now, I'm bringing that recurring revenue concept online with memberships. But it's time to level up - higher prices for higher level clients. Let's pivot into business!  #MusicSchool #OnlineBusiness #Membership #LevelUp #BusinessPivot

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