|
Jewel Signs on to Instant Live CD Program
06/26/2004 4:55 PM, Reuters Ray Waddell
Instant Live, Clear Channel
Entertainment's live concert CD program, has signed its first
major-label artist.
Billboard has learned that Atlantic Records artist Jewel
will sell live CDs at select dates on her summer tour.
The company also has nailed down a series of dates to
record and sell CDs on the summer tours of Kiss, Peter
Frampton , the Allman Brothers Band and the Cowboy Junkies.
And on June 28 Instant Live will announce expanded retail
availability of a series of concert CDs through an agreement
with Newbury Comics' Toothface Distribution unit.
Participating retail chains include Virgin and FYE.
Internet sales sites include newburycomics.com, amazon.com and
cdbaby.com.
The company says it is close to announcing a new agreement
with a leading online music distributor whereby Instant Live
recordings will be available as MP3 files, with a share of the
profits from digital downloads passed on to the artists.
"We're trying to create a new revenue stream for artists
and a new way for them to connect with their fan base," Instant
Live director Steve Simon says.
Instant Live creates master stereo recordings of concert
performances, burns them at the venue and delivers them on-site
minutes after the show ends. Prices range from $10 for a
recorded club performance to $20 to $25 for multi-CD Digipaks.
In basic terms, Instant Live is a new concept in concert
merchandise that can add $6 to $8 per unit to an artist's
revenue each night. "Some artists will only want to participate
in that aspect of the program," Simon says.
"But others may want to take advantage of a fully
fleshed-out menu that includes after-market retail, digital
download and sponsorship opportunities," he continues. "This is
a full-service proposition with a lot of add-ons, but at its
core it's a new merchandise revenue stream."
Participation from a major-label act is a milestone for the
program. Previous participants either run their own labels or
are signed to small indies.
"For the labels, it's a way to create revenue, with no
additional investment, from concert merchandise," Simon says.
So how is the pie sliced? "In a general sense, the artist
and label combined will make more than we do, and that's fine,"
Simon says.
The Allman Brothers Band participated in a "handful" of
shows last year, Simon says, and will increase that number in
2004. He adds that about 19% of ticket buyers purchased concert
CDs.
Taking Allman Brother concert CDs to retail was a logical
extension after seeing Allman Brothers Instant Live CDs on
eBay, Simon says.
"Allmans fans know how to tape, burn and rip, yet these
original-issue CD Live three-CD sets were going for $350 on
eBay," he says. "That's when the light bulb goes off that
there's an after-market for these things."
Artists participating in the program include moe., Michael
Franti & Spearhead, George Clinton & Parliament Funkadelic,
Dickey Betts & Great Southern, Karl Denson's Tiny Universe, the
Smithereens and many others.
DiscLive, the biggest competitor to Instant Live in the
concert CD market, counts the Pixies, Billy Idol , Kim Deal ,
Newsboys and Doors of the 21st Century among its clients.
Other bands, including the Dead and the Who, have their own
live concert CD programs. "All the more power to them," Simon
says. "Their model is different; they deliver by mail order
several weeks after the shows."
For Kiss, no stranger to creative merchandising, Instant
Live is working well on the band's Rock the Nation tour.
"This is something that we've never done before, and we
don't know if and when will be back," Kiss manager Doc McGhee
tells Billboard.
McGhee says roughly 20% of Kiss fans are buying CDs at the
concerts, but it's still too early to tell if showgoers are
moving dollars from other purchases to buy the CDs. "The jury
is still out as to whether it will impact other sales," he
says.
Reuters/Billboard
|