The AvA Connection

The AvA Connection: 9/4/24

๐Ÿ‘‹ This is Warner from The AvA Connection. Connect with me here.

๐Ÿ“ฐ Dynamic pricing is in the news again. Music streaming subscribers and fan consumption hit all-time highs, yet Artists continue to make less and less.

๐Ÿ’ผ 45 new jobs + internships in LA, NYC, Nashville & remote at the bottom of this email.

Todayโ€™s read time: 6 min

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The Weekly Buzz:

Oasis is in the spotlight for their use of dynamic pricing, which allows ticket prices to increase while fans are waiting in the online queue to buy them (as well as after the initial on-sale). High demand = a surge in pricing, meaning two people can pay different prices for the exact same ticket. Itโ€™s a very complex and nuanced situation, and one that is now being investigated by the U.K. government.

  • As much (deserved) heat as the ticketing platforms (Ticketmaster) have gotten over the years, Artists and their teams are the ones that actually activate dynamic pricing. But can you blame them?

  • With the pennies many Artists make from streaming, the elimination of all live revenue during COVID, and a strained economy affecting things like merch cost and sales right nowโ€ฆ touring is often the only way Artists can try to make a living.

    • NOTE: Yes I know things like brand partnerships and music snyc exist, but those are delicacies often only enjoyed by the music elite.

  • Canโ€™t Artists get rich off of streaming? Spotify pays artists between $0.003 and $0.005 per stream, and Apple Music pays $0.007- $0.01 per stream. So if your song is streamed a million times, youโ€™d receive $3-5k from Spotify and/or $7-10k on Apple Music. So theoretically yes, but in reality for manyโ€ฆ no.

  • Even with music consumption rising, the revenue per stream rate continues to fall:

To make matters more complex, according to the RIAA mid-year report, streaming in the US, which attributes 38% of the global record music revenue, is close to reaching maximum capacity in terms of paying music subscribers. Growth figures have been in a constant free fall for the last 5 years.

Net increase of subscribers in the US (first half of the year).

  • 2020: +14.4 million YoY

  • 2021: +9.4 million YoY

  • 2022: +7.9 million YoY

  • 2023: +6.6 million YoY

  • 2024: +2.5 million YoY

    YoY = Year over Year

The most frustrating part for Artists in all of this, is paid music subscription revenue actually increased +5.1% YoY (+$5.23B).

So if Artists arenโ€™t getting paid more, then who is?

Kevin Shivers has won the 2024 Billboardโ€™s R&B/Hip-Hop Power Playersโ€™ Choice Award. He is one of the nicest people in the entire music industry, evident in winning a highly respected peer-voted award. We had a chance to sit down with him last year. His advice to someone just starting out in the business?

Shivers: Just say yes. Somebody asks you to go to a show? Say yes. Somebody asks to go to dinner? Say yes. Your boss says we need somebody to move to London? Just go. Youโ€™re young and there is a lot of power in saying yes. Don't be afraid to fail.

๐Ÿ“– Kevinโ€™s Book Recommendation:

The average human lifespan is absurdly brief. Assuming you live to be eighty, you have just over four thousand weeks. As Kevin said, are you going to sit around and say โ€œnoโ€, or say โ€œyesโ€ to new adventures and living life to the fullest.

The Job Board

๐Ÿ’ผ = Job | ๐ŸŽ’ = Internship

๐ŸŒด Los Angeles

๐Ÿ’ผ Digital Marketing Coordinator - Warner Music Group - Apply Here

๐Ÿ’ผ Music Product Operations (Graduate) - TikTok - Apply Here

๐Ÿ’ผ International Marketing Coordinator - Universal Music Group - Apply Here

๐Ÿ’ผ Music Assistant - Wasserman - Apply Here

๐Ÿ’ผ Media Strategy/Media Planner - iHeartMedia - Apply Here

๐Ÿ’ผ Assistant to EVP, Marketing & Artist Development - Warner Music Group - Apply Here

๐Ÿ’ผ Music Programming Channel Producer - SiriusXM - Apply Here

๐Ÿ’ผ Artist Services Coordinator (Graduate) - TikTok - Apply Here

๐Ÿ’ผ Social Media Producer (NBA) - FanDuel - Apply Here

๐Ÿ’ผ Associate Director: Writer & Publisher Relations - Kobalt Music - Apply Here

๐Ÿ’ผ Senior Social Media Content Producer - SiriusXM - Apply Here

๐Ÿ’ผ AR/AP Specialist - AEG - Apply Here

๐Ÿ’ผ Publicist - Los Angeles Philharmonic - Apply Here

๐Ÿ’ผ Operations Coordinator (Marketing COE) - The Walt Disney Company - Apply Here

๐ŸŽ’ A&R Intern - Mind of a Genius Records - Apply Here

๐Ÿ—ฝ NYC

๐Ÿ’ผ Talent Acquisition Coordinator - Universal Music Group - Apply Here

๐Ÿ’ผ Sample Licensing Analyst - Sony Music - Apply Here

๐Ÿ’ผ Rotational Assistant - WME - Apply Here

๐Ÿ’ผ Partnerships & Events Manager - BMI - Apply Here

๐Ÿ’ผ Global Member Services Coordinator - ASCAP - Apply Here

๐Ÿ’ผ Production Coordinator - Madison Square Garden Entertainment Corp. - Apply Here

๐Ÿ’ผ Associate Production Coordinator - Rockstar Games - Apply Here

๐Ÿ’ผ Administrative/Executive Assistant - Davis Shapiro Lewit & Grabel LLP - Apply Here

๐Ÿ’ผ Senior Social Media Content Producer - SiriuisXM - Apply Here

๐Ÿ’ผ Music/Culture Manager - 99 Scott Studio - Apply Here

๐Ÿ’ผ Marketing Coordinator - CBS Sports - Apply Here

๐Ÿ’ผ Casting Assistant - Rockstar Games - Apply Here

๐Ÿ’ผ Membership Services Manager - BSE Global - Apply Here

๐Ÿ’ผ Booking Producer - Fox News Media - Apply Here

๐ŸŽ’ A&R Admin Intern - 11AM Co - Apply Here

๐ŸŽ’ College Associate (Communications) - Live Nation - Apply Here

๐Ÿค  Nashville

๐Ÿ’ผ Gretsch Artist Marketing Manager - Fender - Apply Here

๐Ÿ’ผ Words & Music Coordinator - Country Music Hall of Fame & Museum - Apply Here

๐Ÿ’ผ Digital Marketing & Strategy Coordinator - Grandview Music - Apply Here

๐Ÿ’ผ Social Media & Graphics Coordinator - Nashville Music City Center - Apply Here

๐Ÿ’ผ Brand Ambassador (Music Industry) - Nashville Marketing Group - Apply Here

๐Ÿ’ผ Administrative Coordinator - Swoon - Apply Here

๐Ÿ’ผ DJ - TC Restaurants Group (Luke Bryan, Lainey Wilson, Jason Aldean, etc.) - Apply Here

๐Ÿ’ผ Lighting Designer - Country Music Hall of Fame & Museum - Apply Here

๐Ÿ’ผ Sound Engineer - TC Restaurants Group (Luke Bryan, Lainey Wilson, Jason Aldean, etc.) - Apply Here

๐ŸŽ’ Music & Audio Event Operations Intern - St. Jude Childrenโ€™s Hospital - Apply Here

๐Ÿ“ Remote

๐Ÿ’ผ A&R Manager - Groundwฤ“rk - Apply Here

๐Ÿ’ผ Account Executive: Music & Touring - CrowdSync Technology - Apply Here

๐Ÿ’ผ Agent - Anniversary Group Arts - Apply Here

๐ŸŽ’ Social Media Manager Internship - NEWWRLD Distribution & Music Partnerships - Apply Here

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This newsletter is written by Warner Bailey and edited by Riley Furey

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