Wednesday, July 21, 2010

All Hail the "FFF"

It's not what you think...

"FFF" = friends, fans, and followers, and it is the new way to evaluate any artist's (especially musicians') popularity. Record sales? Bah! They don't tell you a damned thing anymore - these days we're all about the single anyway, as we've continued to carefully curate our music libraries, downloading a song off this album here, or an old favorite off of that one there. (Check out the figure below)



What's more, Pandora now has close to 60 million registered users and more than 1 billion stations - representing 1.7% of all radio music listening.

Obviously, the web has drastically changed the music industry - and the way we consume all media. More than anything else I've read in a while, this "FFF" score shows me that we are totally out with the old model and on with the new. I can't help but wonder, what's next?

No comments: