Arcade Fire And Paul Krugman Discuss Selling Out And The Future Of The Music Business At SXSW

Posted: March 20, 2015 by Kimberly Weiss in Local Music News
Tags: , , , , , , , , , , ,
By Peter Helman / March 19, 2015

Win and Will Butler of Arcade Fire and economist/New York Times columnist Paul Krugman headlined a panel discussion at SXSW today on the “celebrity economy in music” and how artists in the future will make a living.

 

Moderated by Grantland’s Rembert Browne, who ironically claimed that he “failed economics,” the panel also included Nielsen’s Tatiana Simonian and Berger Management’s Nicky Berger. “Having a panel about the celebrity economy in music at SXSW is very fitting,” as Browne pointed out, “because this is one of the places that brands and commercialism in music maybe get to an overwhelming point.”

Although current topics like the unique opportunities provided by the the internet, the rise of streaming, and the utility of data were all addressed, much of the discussion returned to some very familiar themes — concerns and debates about “selling out” are hardly new. When Simonian spoke about corporate sponsorship as a crucial source of revenue for emerging bands, arguing that it shouldn’t necessarily be viewed as “selling out,” Win was quick to set her straight: “It is selling out, though, just for the record.” Although the importance of brands over labels may be on the rise, he wryly stated that “artists have been getting screwed over at pretty much the same rate, but now slightly different people are screwing us over.”

Find out more about the panel discussion here:
http://www.stereogum.com/1788403/arcade-fire-and-paul-krugman-discuss-selling-out-and-the-future-of-the-music-business-at-sxsw/photo/

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