Global tools for local use
May 27, 2023

The rize of “glocalization”

Graph: Will Page

In the latest Trapital podcast, Dan Runcie talks to Will Page, the author, and economist, about "glocalization", the phenomenon which means creating products for global markets that bring local cultures together. Runcie and Page argue that "glocalization makes it harder for mega superstars to emerge, especially from established markets... The major record labels must sign and develop talent in each region to maintain market share. With increased costs (without the promise of increased revenue), glocalization will shift everything from KPIs, value props to new artists, and future expansion plans".

Deserter's song
April 14, 2023

Dan Runcie: The business behind Coachella

"Unlike other trends and even other festivals, Coachella developed a brand that can sell itself. This festival could sell out tickets before announcing a lineup if it wanted to. Fans want the vibes. The influencers, fashion, and activations will be there regardless of who performs on stage. In the early 2010s, the festival became a who’s who for celebrity attendance. Attending was a flex, like sitting courtside at a Lakers game" - Trapital's Dan Runcie looks into Coachella in his latest podcast. He is joined by Tati Cirisano from MIDiA Research. They also talk about untapped opportunities for Coachella, how the rise of concert ticket prices impacts it, and how festival lineups are becoming homogenous.

"Now that gaming is bigger than ever, it feels like it’s only a matter of time until a video game can turn a decades-old hit into a viral cultural moment" - Dan Runcie points out introducing his latest podcast about the future of music and gaming. His guest Vickie Nauman, specialist in music and technology, believes that there's a big opportunity, and that it's going to be different: "What I love about gaming is that you hear music differently when you’re gaming. There’s so much potential we haven’t tapped into. Sync license is the best way to do things in gaming. You want something specific".

On a spaceship
March 03, 2023

Dan Runcie: The rise of Burna Boy

Nigerian afrobeats megastar Burna Boy was Spotify's most-streamed African artist globally in 2022. He sold out Madison Square Garden in 2022, and has also performed at halftime at the NBA All-Star Game. The Burna Boy will also become the first African artist to headline a show at London Stadium, and is about to perform at Coachella. Trapital's Dan Runcie looks back at Burna Boy's decade-long career and his path to stardom.

Trapital Dan Runcie's latest podcast is about the Super Bowl Halftime Show, how it evolved since Jay-Z got involved, and why artists agree to play for free: "In 95% of situations, companies asking talent to do things free 'for exposure' is bullshit. But the Super Bowl halftime show is one of those 5% exceptions. It’s the rare event that the talent can reap the long-term rewards for the exposure." This year, Rihanna will perform and she has prepared her business for the "after". Listen/watch the podcast below.

The low barriers to entry for podcasting made it harder for exclusive premium podcasts to stand out over free alternatives that are ad-supported and widely distributed" - Dan Runcie argues in his latest memo about why the exclusive audio strategies have struggled in the past. However, all is not lost - "as local language music continues to rise in the streaming era, we may see more wins from digital streaming providers that aren’t based in the western world. In podcasting, paid products have found value in the right circles. Ben Thompson’s Stratechery has evolved into a paid podcast network, which was tied to his subscription-based media business".

"Every digital streaming provider has a treasure trove of data on their deep catalogs and how their users interact with each song. This same data, along with their relentless A/B testing, has upped the effectiveness of personalized algorithms to keep users on the platform" - Trapital's Dan Runcie points out in his latest memo. He talked to Ari Herstand, an independent artist, course instructor, and author, who believes that algorithmic shift works in favor of independent artists who may not have the ear of the top playlist editors, but have a better chance to show up in one of your Spotify Mixes. It’s a numbers game, and numbers games benefit indies who are less reliant on gatekeepers.

Trapital's Dan Runcie is looking into Diddy's businesses with tequila and cannabis, building upon a successful venture with Ciroc vodka. Some interesting thoughts by the entertainment/business analyst: "Tequila is a less mature liquor than vodka, but U.S. tequila sales may soon outpace vodka as the #1 spirits category. Tequila has different drinking occasions, which shifts the marketing and messaging... Cannabis is a more complex industry. Many Black business leaders want in to help reset the narrative. Historically, the criminalization of weed affects Black people disproportionately, but the legalization of weed has benefitted white business owners the most".

Soil, water, air, light... and music
January 09, 2023

Podcast: Links between music and plants

The latest episode of Source Material podcast explores the symbiotic links between electronic music and house plants discovering how bass frequencies mimic bees and why festivals are adopting sonic soil pollution. Diving into the world of frequencies and root systems, RA's Martha Pazienti Caidan speaks to four musicians and artists who make music and/or technology for plants - biotherapeutic musician Imka, Joe Patitucci of PlantWave, an app that translates plants' biorhythms into music, sound artist Karine Bonneval and composer Erland Cooper.

Punk's (not) jazz
November 08, 2022

Podcast: What do punk and jazz have in common?

Music writer Piotr Orlov shares 10 episodes of his podcast Dada Strain Radio of music and interviews about rhythm, improvisation and community. Orlov points out that he wants to want to makes work "that creates musical *and* social connections, in historical *and* contemporary contexts". Also, he wants to "establish the underlying points that 1) free jazz is actually community dance music, 2) great DJ sets are actually improvised performances, and 3) the intentions of many of its most beloved practitioners transcend simple musical 'entertainment'". Episode 2 features the Irreversible Entanglements/Blacks’ Myths bassist Luke Stewart on the anti-capitalist and DIY aspects of punk and jazz cultures which have a lot in common.

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