2012
DOI: 10.22230/cjc.2012v37n3a2544
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The Firm Foundation of Organizational Flexibility: The 360 Contract in the Digitalizing Music Industry

Abstract: The devaluation of the recorded music commodity under digitalization has destabilized the recording industry. One primary record industry response is the new “360 deal” form of the recording contract. By securing rights to individual acts’ live performance, music publishing and licensing, and merchandizing activities, this new deal expands record companies’ access to more profitable fields of music industry activity (if in piecemeal fashion). We examine the context, evolution, and varieties of the 360 deal, an… Show more

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Cited by 45 publications
(24 citation statements)
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“…These contracts are preferred because they allow companies to extract profits from various aspects of the signees' revenue stream to account for the downturn in record sales in the digital era, which was generally not part of traditional recording deals. These aspects can include any aspect of their career and hence the term 360 degrees, such as merchandising, touring, and commercial endorsements (Marshall 2013;Stahl and Meier 2012). More recently, Lupe departed from Atlantic and signed with Nashville-based entertainment company Thirty Tigers.…”
Section: Mixed Space Between the Majors And Indiesmentioning
confidence: 99%
See 1 more Smart Citation
“…These contracts are preferred because they allow companies to extract profits from various aspects of the signees' revenue stream to account for the downturn in record sales in the digital era, which was generally not part of traditional recording deals. These aspects can include any aspect of their career and hence the term 360 degrees, such as merchandising, touring, and commercial endorsements (Marshall 2013;Stahl and Meier 2012). More recently, Lupe departed from Atlantic and signed with Nashville-based entertainment company Thirty Tigers.…”
Section: Mixed Space Between the Majors And Indiesmentioning
confidence: 99%
“…In response to the rise of a revitalized indie movement in the early 2000s, major labels attempted to remain relevant by creating 360-degree contracts. These contracts extract profits from various aspects of the signee's revenue stream such as merchandising, touring, and commercial endorsements (Marshall 2013;Stahl and Meier 2012), and utilize the new modes of musical production to offset declining record sales (Leyshon et al 2005) (see Chapter 3). Fox (2004) also argues that large companies attempted to control online music through the creation of copyright-protected files and lawsuits against the providers of free music.…”
Section: The Changing Nature Of Hip-hop's Indie Movementmentioning
confidence: 99%
“…In a contemporary musical marketplace characterized by declining record sales and a smaller cross-section of "blockbuster" artists, the major record companies have come to increasingly rely on strategies that include: Licensing songs to other media and entertainment companies; cultivating international record sales and audiences; and creating 360-degree contracts (Stahl and Meier, 2012;Sutherland, 2015). This section will examine Kelp's negotiation and incorporation of these contemporary strategies, number of international contacts and connections -ranging from press to record labels to music publishers -are flown into the city to watch a week-long concert comprised primarily of Ottawa-based musicians.…”
Section: From Kelp Records To Kelp Management: Digital Stabilizationsmentioning
confidence: 99%
“…Both of these tendencies depart from the sorts of totalizing contracting practices that are currently characterizing the recording industry's move towards 360 degree contracts, which work to both monetize and manage areas of non-recording activity, such as publishing, licensing, and live performances, in addition to traditional means of artist development (Stahl and Meier, 2012). Lastly, while it threatens to capture the experiential and social potentiality of independent music into click-based transactions of attention and money, it also provides a platform for both music producers and listeners to connect to the myriad sounds and bands constituting the current field of independent music.…”
Section: Labour Incorporatedmentioning
confidence: 99%
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