Music Industry Analysis

December 18, 2019

Three things drive the future of the music industry. First, the demand for creative products as innovation continues to take us into the next phase of
social and corporate evolution. Music won't just about the latest band... it'll be about matching those bands and their music to the perfect audience.  A single band for every company, or every product, or even every IOT connected device?

Yep, that's exactly what we're saying. We believe the future of music goes from "popular" to "personal" and that specialization is the next step.
Second, because of this corporate
creative demand, the industry of disruptive music practices are on
the rise.
More and more we are seeing incubators that utilize mobile
music studios and training programs which last from 8 weeks to 12
weeks showing up to participate in this music revolution.
For a more comprehensive discussion on this subject, please
reference this excellent article
.

As referred to in the article, those who find innovative approaches
to solve the financial equation will be the ones who are successful in
the long run, and we believe early adopters will thrive during the shift, which is why The Jam Room is working towards the launch of its own unique platform for producing and marketing songs, lyrics, riffs and other
musical output in a way that conforms to this conjecture of the future.

The third influence on the scene is the block-chain, offering
worldwide electronic collaboration and sales, hosting dynamic on-
demand cataloging of short segments of musical expression all the
way up to complete productions that articulate comprehensive
themes.
For example K-Pop (Indicatie of Korean Pop Music) and Z-Pop are companies that leverage Block-Chain technology and their own
crypto-currency models to essential do what we are suggesting
we’ll be able to do in a more local and Web 2.0 way.  Block-chain is the ultimate implementation but jumping straight into it is a pricey and risky
proposition, as well as out of commercial reach for quite some time. Although it does help us see where collaboration is ultimately headed technologically, so we can adapt lessons learned from it to our own strategy. And because of the language barrier that exists between K-Pop artists and the rest of the world, this platform has limited scope. Here’s a Forbes article
discussing block-chain and how it's currently being used within the music
industry.

The world is transitioning and music is going to be a central part of
these future platforms where everything becomes categorized and
syncopated around rhythm and sound.
As the commercial demand
for highly tailored music skyrockets, innovators and musicians alike
will be scrambling to devise approaches to leveraging it, which is
where The Jam Room will be exceedingly fruitful, because we will
not only be ready for it… we’ll help define it.