{"id":4048,"date":"2016-03-25T09:49:00","date_gmt":"2016-03-24T22:49:00","guid":{"rendered":"http:\/\/emotemuse.com\/g\/?p=4048"},"modified":"2016-03-25T13:30:27","modified_gmt":"2016-03-25T02:30:27","slug":"4048","status":"publish","type":"post","link":"https:\/\/wedgebillmusic.com\/?p=4048","title":{"rendered":"The current state of the recording industry"},"content":{"rendered":"<p>Founder Klaus Heymann, founder of the successful NAXOS label, on the current state of the classical music recording industry:<\/p>\n<blockquote>\n<p>\u201cWe can\u2019t live off CD sales anymore,\u201d says the German-born Heymann, 75, speaking by phone from his base in Hong Kong. When Naxos began, Heymann proved that you could make money selling tens of thousands of copies of works nobody had ever heard of; as CD sales gradually declined, the company has variously relied on proceeds from digital downloads, audio books, and other ventures. Today, it looks to YouTube, where a tool called Content ID crawls the site, figures out how many of a given company\u2019s videos are illegally posted, and \u2013 rather than removing the videos \u2013 calculates that company\u2019s share of advertising revenue. \u201cThat\u2019s become an income stream,\u201d says Heymann, estimating that it covers about 75 percent of his recording budget.&#8221;<\/p>\n<\/blockquote>\n<p>Anne Midgette, &#8220;Naxos\u2019s 25 years of reinventing itself&#8221;, <em>The Washington Post<\/em>, 9 November 2012.<\/p>\n<p><a href=\"http:\/\/www.washingtonpost.com\/entertainment\/music\/naxoss-25-years-of-reinventing-itself\/2012\/11\/08\/17231344-1877-11e2-9855-71f2b202721b\u02cdprint.html\" target=\"\u02cdblank\">Click here to view article.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founder Klaus Heymann, founder of the successful NAXOS label, on the current state of the classical music recording industry: \u201cWe can\u2019t live off CD sales anymore,\u201d says the German-born Heymann, 75, speaking by phone from his base in Hong Kong. When Naxos began, Heymann proved that you could make money selling tens of thousands of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[387],"tags":[731,732,733],"class_list":["post-4048","post","type-post","status-publish","format-standard","hentry","category-general","tag-music-industry","tag-naxos","tag-recording-industry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=\/wp\/v2\/posts\/4048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4048"}],"version-history":[{"count":2,"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=\/wp\/v2\/posts\/4048\/revisions"}],"predecessor-version":[{"id":4094,"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=\/wp\/v2\/posts\/4048\/revisions\/4094"}],"wp:attachment":[{"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wedgebillmusic.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}