Long gone are the days when only a person with a ton of capital to
invest could start a recording studio and produce quality works of music. Would-be studio owners now compete not only
with other studios, but also with every DIY musician out there who has a bit of
technological savvy, a few thousand dollars to invest, and an online partner
like CDBaby.
Yet some commercial studios still survive. The question is why? What do they possess or do that still draws
serious musicians through their doors?
In my initial industry research, I intend to begin to delve into that
question. The first three topics to be
discussed (see below) relate directly to that issue.
The fourth topic, while seemingly somewhat unrelated, is designed to
help me decide which (or both) paths I will follow when creating my final
business plan. For the time being, my
goal is to make my recording and publishing studio more
successful while at the same time continuing to create my own
compositions. However, that could lead
to significant conflicts of time and the ability to effectively manage both
options.
Four topics:
1.
General Market Research Related to Music
Recording, Production, and Publishing Studios in Florida
2.
Trends in the Shift to DIY Home Recordings
3.
Emerging Recording Technology
4.
Potential Career Paths for Composers
Market
Research and Census Data
Through the U.S. Census Bureau, I discovered that there are two NAICS
codes related to my company. The first
for recording and production, and the second for publishing and marketing my
clients’ recorded works: 512240 and 512210. This will be beneficial in a more in depth
census review to make sure that I am making the correct comparisons.
One source (BARNES Reports, 2013, p.99) estimates
that there will be 1,456 recording studios in operation in the United States in
2014 with 1-4 employees. That’s an
average of approximately twenty-nine studios per state, but does not take into
account the geographical disbursement of those companies (states like
California, New York, Florida, and Tennessee would obviously out way Idaho,
Montana, and Alaska).
·
Number of recording studios totals 114, with the
bulk of them not surprisingly located in Orlando and Miami.
·
Total number of employees in these studios is
231 people (two per studio), with an average salary of $43 thousand per year.
·
Each studio averages $300 thousand per year in
revenue, or $148 thousand per employee.
To prove my earlier point, Idaho had six recording studios in 2007 and
zero in 2002. Montana had four studios
in 2007 and two in 2002. Alaska: two and one in the same respective years.
This is invaluable starter information for my company. First, it shows that I am the average Florida
recording studio. Second, it shows that
I live in a relatively competitive state for the industry, which is a good
thing. I would not want to attempt to
start a studio in Idaho! Most importantly, it shows that I am part of a thirty
four million dollar market (according to seven year old data), so there is
plenty of room for competition and growth.
Trends in
the Shift to DIY Home Recordings
It takes little research to understand that the home recording
capabilities of the average DIY musician has exploded over the last
decade. Anyone who owns a Mac, for
example, has access to relatively decent recording software (Garage Band). All
one must do is plug in a microphone or instrument, and poof! You have an instant home studio. So what are the latest trends in home
recording versus traditional studios, and why do commercial studios still survive?
I can tell you from personal experience that there is one obvious
reason: regardless of your talent level, performing and recording yourself at
the same time with any kind of decent quality is a pain in the neck! In 2012, I released my second EP entitled "The Real World". I composed, performed, recorded, mixed, and
published the entire thing myself. While
there are only six tracks on the EP, it took me three months – it should have
taken a week. And because the process
was so tedious, there are flaws in the music that I was forced to accept if I
didn’t want the process to go on for a year. So the obvious gains for an artist
in going to a commercial studio is help
and expertise.
Consider this quote from
Chad Kroeger, lead singer for the band Nickelback, songwriter, and producer:
“There is no excuse for bad home recordings… people get lazy and want to hear
what the song sounds like when it’s finished.” (Young, 2005, p. 50). A
professional, commercial studio provides the artist or band with a dedicated
producer / engineer. If that person is worth
their weight in salt, they will not let an artist skimp or accept flaws (as I
was forced to do) in their recordings.
This is all relevant to my situation because it provides insightful
sales and marketing tips. Yes, virtually
any musician can record at home, but emphasis must be placed on the quality of the recordings. If a musician is just a hobbyist, they don’t
need my company’s services. If the are serious about making a go of it in the
music business, they will benefit from my superior equipment, years of
experience, and most importantly my ability to “hold their feet to the
fire.” If something is out of tune or
off of time, it will be done again. I know from experience that some artists
don’t like that attitude, but they should.
It is essentially what they are paying me for.
Emerging
Recording Technology
As someone who wants to continue to build a successful music recording
and publishing business, it is essential that I keep up-to-date with the latest
recording technology. It changes fast,
and there are so many available options that it can make your head spin. Every
engineer is different, but what should always be kept in mind are the needs of
the client and what tool best suits a need.
My studio has three computers and five
different recording applications. They
all get used depending on the nature of the project. Eric Price (2011)
points out how quickly things change. In
2011, if your computers were not 64 bit with multi-core processors, you were
about to become obsolete. Now it’s a standard in the industry (and amongst
computer owners in general for that matter). You’d be hard-pressed, whether a
Mac or PC user, to find any updated
recording software that runs on a 32-bit platform. I felt this pain as I
shelled out almost $10 thousand on new computers alone to keep up with industry
standards.
Eric also discusses the numerous advances and upgrades in software
like Pro Tools, Cakewalk, Logic Pro, and Cubase. Again, there are a plethora of tools that an
engineer can use, but ultimately it comes down to the project (and client) at
hand. One thing is for certain, if you’re
going to be in the music recording business, you must stay on top of the related technology.
A somewhat recent “advancement” in technology came in the form of the Auto Tuner (Frere-Jones,
2008) – a tool that helps correct minor flats or sharps in a vocalist’s
performance. From a technology
standpoint, I appreciate the tool and it’s use in saving valuable time. Being somewhat of a perfectionist and
traditionalist, however, it annoys me. If you can’t sing, you can’t sing. I have no interest in producing robot
sounding vocalists, some of whom, even when auto-tuned, still don’t sound
right. But, did I buy the
technology? Yes, because an engineer /
producer / studio owner has got to stay up with the times and be able to
accommodate a client’s request.
Potential
Career Paths for Composers
While I’ve always rather known that to be true, hearing it from a
person who has done exactly that for years makes it seem so clear and
simplistic. Whether writing a score for
a film, a video game, or a jingle for a commercial, it is all about creating
the right emotion. Picture a commercial
for a not-for-profit organization that is soliciting your donations to help
starving children in Africa, and what do you hear? I’d bet it’s not a cheerful
teenage love song performed by One
Direction.
In
an interview with Mike Figgis, one of Britain’s most recent notable
film-makers (Figgis, 2008, p.1), the lead quote is: “The thing that attracted
me to film in the first place was sound.” That is a profound statement from
someone who is not necessarily known for his compositions, but who doesn’t
underestimate the importance of music in his films. In fact, he has composed
several soundtracks for his own movies.
The takeaway is that there is indeed a need for composers of
music. But the two examples given portray
how hard it might be to find the perfect niche’ to become successful. These are
few and far between.