
From left to right, our very own CEO Brad Navin, SVP of Marketing Pete McCarthy, VP of Product Marketing Jaclyn Ranere and Musart's Federico Baptista
Earlier in September, The Orchard spent several days in the ever-thriving music city of Los Angeles, CA where we have a formidable roster of independent record label clients. Representing the true eclectic nature of our client base, the labels run the gamut from Dance to Hip-Hop, Pop to Metal to Latin, and literally every micro genre in between.
Celebrating the launch of our Marketplace - the new platform we built for our labels to simplify the process of utilizing third party marketing, D2C, and communication applications – we gathered our labels together for a couple of events and then spent additional time visiting their offices and talking about their music, how their businesses are evolving and how we can help them embrace the new services and technologies out there.
This is an exciting time to be putting out music and adapting to the new music industry. New services like YouTube, Spotify, Rdio, and Turntable.fm have arrived and are impacting how new fans acquire music and how labels make money from music. Social marketing has become a super viable, powerful and measureable way to communicate with fans, and labels have more tools than ever to take advantage of the new digital economy and promote their artists’ music. Labels have adapted to the decline of physical by embracing the playlist business (aided by our Orchard Workstation “Create a Compilation Tool”) and are able to put out more music as a result. They’re using our Analytics tools to measure how their sales are evolving; they’re using Release Builder and Artist Builder to manage their releases and artist-oriented social marketing syndication; and now with The Marketplace, they’ve got a world of Apps at their fingertips.
Indeed, technology is helping the fiercely independent people running record labels stay independent, keep their overhead low and connect with more potential consumers than ever before. It is an inspiration to watch, and a thrill to be a part of that change.
Long live independent music.