Looking ahead from the “Year in Review” series, I’d like to make a couple of predictions about next year and the music industry.
Adidas will continue to emerge as a real fashion brand in the music industry. They will boost sponsorship of events but maintain an air of ‘cool.’ I wouldn’t be surprised to see an Adidas Festival or an exclusive sporting and music show. Hats off (obviously Adidas ones) to whoever is currently doing the marketing over there.
Pharrell will make one of the years best selling albums and cement is place as one of the ultimate collaborators and pioneers in the modern music industry. Having just signed to Columbia, we can expect something on the scale of Daft Punk’s Random Access Memories, only crossing more genres. Oh, he’s also writing the score to the Amazing Spider-Man 2.
As with Adidas, Red Bull will continue to cement itself as a major brand in the music industry that ‘helps out’ rather than ‘steals’ from the experience that corporate sponsors are often assimilated with. They are not encroaching and do a good job of minimal advertisement with maximum product placement. Slowly moving away from the extreme sports it built its brand on, I predict that music will be the new key target market.
As the ‘The world’s leading underground music show‘ currently with other 550 thousand Facebook likes, Boiler Room is not going to stay underground for long. Providing a unique experience to be at secret shows in undisclosed locations, whilst hosting some of the worlds best up and coming DJ’s and artists, streaming all of this live online, I predict Boiler Room will aim to set up shop in Australia, the talent and opportunity for growth is is vast down under.
Not a prediction so much as a wish, I’m really not a big fan of Spotify. I think it’s an impersonal, music industry destroying, unstable, slow service. Johnny Marr the ex Smiths guitarist is of the same opinion. So does Radiohead’s Thom Yorke.
So in 2014, I hope Spotify goes bankrupt.
Happy New Year.