Do recording artists pick-up on emerging audience trends or do audiences follow artist trends? The answer is a bit of both. In this talk data scientist Jonathan Gosier shares methods on how the music industry is learning to apply data science to music listening audiences to boost revenue, maximize reach and improve engagement.
4. • to discover talent
• manage digital distribution channels
• turn analytics into strategy
• bring insights into the recording process
• manage audience data
• optimize digital marketing
D&Rs use data to …
5.
6. “It's our job to determine when we can
use the data and when we actually have
to use our souls.”
- Rayna Bass, 300 Entertainment
The Fader, “Who Will Survive When Migos Meets Big Data"
8. “…I don't talk that top-floor New York
type shit.
That ain't my business. My business is to
make music. I'm an artist."”
- Quavo, Migos
The Fader, “Who Will Survive When Migos Meets Big Data"
10. What Does a D&R Campaign Look Like?
collect & analyze audience data from Social APIs
measure conversion rates from digital channels
hyper-local targeting/marketing campaigns
real-time campaign optimization
influencer marketing
…looks a lot like the conference going on across the
street.
11.
12. “Music is moving towards an attention economy.”
- Dorthy Hui, VP of Digital, Sony Music
13. “A wealth of information creates a poverty of
attention and a need to allocate that attention
efficiently among the overabundance of
information sources that might consume it.”
- Herbert A. Simon, Economist
14. "Attention is a resource - a person has only so much
of it.”
- Matthew Crawford, UVA
30. PRE-RELEASE WINDOW COMPOSITE
OF ALL GENRES AND ARTIST SEGMENTS
Unaffected
Minimally Improved
Moderately Improved
Greatly Improved
No.ofPre-Releases
Pre-Release Window
31. Predictive analytics can be used to anticipate
audience engagement and plan for it.
The rise of programmatic audio and digital
music marketing makes this valuable for
campaign optimization.