• The Business of Phish

    Interesting read from 2013 about how the band Phish has grown.

    I’ve always loved the business model:

    If the traditional band business model is to generate hype through the media and radio airplay, and then monetize that hype through album sales and tours, Phish doesn’t fit the model at all. For a band of their stature, their album sales are miniscule and radio airplay non-existent. And so when the “music business” cratered in the 1990s because of file-sharing and radio’s importance declined because of the internet, Phish remained unaffected and profitable as ever.

    Phish doesn’t make money by selling music. They make money by selling live music, and that, it turns out, is a more durable business model. This wasn’t some brilliant pre-calculated strategy by the band or its managers; it’s the business model that sprung forth from the kind of music the band makes. The band developed the kernel of this musical style during their first five years when they played almost exclusively in bars in Burlington, Vermont, and slowly, but organically, grew their audience.

    I had no idea they generated this much revenue:

    Over the past four years, the rock band Phish has generated over $120 million in ticket sales, handily surpassing more well known artists like Radiohead, The Black Keys, and One Direction. Since their start 30 years ago, Phish has consistently been one of the most popular and lucrative touring acts in America, generating well over a quarter billion dollars in ticket sales.

  • First Post!

    I’m rebooting my site to use GitHub pages and hopefully make it easier to share my thoughts.

    How much will I share? Unsure at the moment.

    Are others interested? I suppose we’ll see.

    I don’t have a plan for the site right now, so I’m not sure what direction this is going to take.

    Stay tuned, and we can find out together!