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Industry Interview: Former Warner Bros Veteran Ted Joseph
Almost as quickly as a listener can download their favorite song, traditional brick and mortar record labels are giving way to "virtual record companies"--outfits which lack a single physical address, but boast a widespread gathering of strategically handpicked powerhouse executives to head up traditional promotions divisions (radio, print and TV publicity) and those created by the new media age (internet marketing and digital media). And just who is putting together these teams?
As a consultant for a growing number of labels in the realms of urban, pop, smooth jazz and country music, he's working with less famous artists in addition to those of the caliber he dealt with in his corporate days‹a roster that included Madonna, Fleetwood Mac, Prince, Rod Stewart, George Benson, David Sanborn and Al Jarreau. But helming such exciting and growing indie operations as upstart Alive Records, Joseph is setting the trend and showing his counterparts how things are being done, working with what he calls "the new model." "I fashioned my career at Warner Bros. to incorporate numerous departments because I felt knowing how every aspect worked would make me more effective at each task," he says. "Since I've been consulting independent labels in the areas of my expertise, I've notice many of my former contemporaries have disappeared because they were not willing to keep up with the new model of today's record business. Rather than run away, I've embraced the reality that brick and mortar stores are diminishing drastically and music is being delivered in all these new, instantly gratifying ways. "That's not to say that standard retailers are going to be demolished soon, but are shifting to the big box retailers such as Wal-Mart, Best Buy, etc.," Joseph adds. "Radio still plays a big part in establishing artists, but it's not the only way. To be successful, a young label must implement alternative marketing techniques via the net and other important strategic technology."
Traditional radio marketing, brick and mortar distribution and track availability via digital download sites like itunes, MSN, Napster and Yahoo! Music are just the start of the push to establish Alive Records as a viable new presence on the scene. Tapping into the unlimited marketing potential that the internet offers, Alive Records' widescale online database driven strategies will radically change the way products reach targeted consumers for years to come. "Our mission statement is to expose extremely good music to the traditional and nontraditional consumer of music products," says Joseph. "The bottom line with any record company is high quality music. All of these ingenious marketing techniques are in the service of that bottom line. Major labels have been investigating these ideas for years, but they move very slowly to implement them. We believe that a small label like us has a tremendous advantage in an increasingly competitive marketplace." To achieve these aims, Joseph has assembled a strong team of radio promotion and publicity specialists (Luck Media), established a presence for Austin and Valentine on myspace.com, and implemented a unique "branding program" for these artists which ranges from free promo discs and posters to web advertising, banners and an ongoing series of eblasts to consumers who have indicated an interest in these artists. "The function I serve with Alive, as well as the other companies I work with, is as a quarterback," he says. "I utilize the experience I had running all those departments at Warners, focusing on the company's basic goal of penetrating the marketplace with the artists so that the most amount of people can hear their music. While we're getting close to a global distribution deal with Alive, their music has long been available on Amazon, CD Baby, iTunes, MP3, Launch, Yahoo! Music, AOL Music and a host of other online sites." Joseph likens the 10-member team he's assembled for Alive Records to a finely tuned watch, where all areas (A&R, Business Affairs, Internet Strategy) work independently but report to one another.
While his passion for music has kept Joseph's career thriving long after he left corporate America, he's aware that over time, he will have to work diligently to stay one step ahead of the curve as more consultant formed indie companies emerge and conglomerate run record labels strive to catch up with the modern age. "Today, most major music companies still market and promote music like they did 30 years ago, but a few are making inroads that show they're catching on to the new model and type of consumer," he says. "Warner Music Group has a web based label and myspace has a label deal through Universal. The great thing about independent music making and marketing is not having to sell 20 million units to show a profit. The key is spending more on clever marketing strategies than on recording. What's most enjoyable for me now is gaining the trust of the many labels and projects I work with and being able to make quick decisions and implement my ideas without dealing with all the crazy bureaucracy. In the indie music world, the artists aren't the only ones enjoying creative freedom."
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