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Thursday, November 26, 2015
The Reality Of The Music Industry Holiday Shutdown
The Holiday Shutdown is the toughest time of the year to do business because the execs that can greenlight a project begin their extended vacations, so they're rarely in the office. It begins Thanksgiving week (some leaving on Monday rather than Wednesday), and really continues until about the second week in January. Oh, they'll be back in the office between now and then, but they're usually so backed up with work that if you're not on the top of the pile you'll be pushed to next year.
One of the reasons why record execs leave is that the release schedules for the year and even into the first quarter of next year are set in stone. The Christmas releases are out by now, and while there may be a record that might drop in the first week of December, it's a rarity. It's a slow season work-wise, so why stick around?
On the other hand, agents and managers are still working as they line up fill-in dates for the end of the year and work on tours for the new year, merch vendors are still working because it's a prime time of the year for retail sales, and publishers are still getting payments and working on synch licenses for television shows and movies (although many of the producers have also left unless they're still in production).
This is also the time of year where bands may still be negotiating for a New Years Eve gig, which may be the best paying, but the worst gig of year, as the audience tries too hard to have the good time they think they're supposed to have.
With all that being said, it's a good time of year to get your marketing in order for 2016, since there's bound to be some downtime in whatever sector of the business that you're involved it. We'll review that more in an upcoming post, but in the meantime, have a great Thanksgiving and don't eat too much turkey!