Archive for March, 2009

Mobile SMS Business Cards?

So today I am sitting at the Leadership Music Digital Summit networking with a few new media/developer dudes and upon our obligatory card exchange was taken quite aback. As I asked the gentleman for his card he simply replied “text my name to 50500 and you will have my info.” To me, this sounded like “these aren’t the droids you’re looking for.” What Jedi mind trick had I just stumbled upon…?

contxts.com

This fantastic service actually allows you to create your own “business card” that can be texted to contacts via SMS. I went on immediately and created my own. In case you were wondering… text “randallfoster” to 50500.

All in all, I must say the site was quite easy to use. I am a fan of web simplicity and this is definitely a simple interface. It appears that there is more development to come that will help you keep the contacts you have collected and I look forward to seeing those changes. For now though, the site is FREE, simple and it works well. Plus, you’ll never have to worry about leaving your cards at home again.

Check out this review on Mashable… or if you are a tweeter, you can follow them at http://twitter.com/contxts

The Music Industry’s New Digital Problem

I was recently sent this article from Business Week speaking of the growing digital issues facing the Music Industry.

Streaming VS Downloads… that is the question…

My take on this is that Streaming Services need to be paying the right’s holders whether it be through a pro-rata share of advertising profits, PRO’s, or what-have-you. I wonder though… Is it the streaming media’s fault for declining sales, or are the declining sales are part of a larger shift in the music purchase paradigm? It would be arguable that terrestrial radio could have ruined record sales in the earlier parts of the 20th century… No-one was complaining then. What is so different about streaming internet radio and other services? I guess that answer will help us get to the bottom of this sinking music industry economy.

Virgin Megastores All Closing… well most of them anyways.

Bad New Bears

Although reports indicate that Virgin is closing all remaining stores, I have an inside source who has confirmed that only three of the remaining six stores will close. Apparently the real estate is simply too expensive in Times Square (go figure). The other three appear to be solvent at this point in time. It is a sad state of affairs when we lose the Virgin Times Square, Union Square, and West Hollywood stores…

The article goes on to say that this leaves J&R Music World to be the last music superstore in New York…

I hope we fix this mess (our economy, our industry, our planet) soon.