Hooray! As a former investor in Sling Media and an ongoing fan of the company and its products, I’m very happy to see they’ve announced support for the SlingPlayer on the iPhone. Can’t wait to get my hands on it it — it is supposed to ship towards the end of this quarter, assuming Apple approves the app. C’mon Apple, don’t kowtow to AT&T and back down from support for this app because of bandwidth concerns…
A Year in Review (in 40 seconds)
Rather than doing a year-in-review in words, I’ll just provide this very cool time-lapse video by Eirik Solheim that shows a year passing on a fixed landscape in 40 seconds. Incredibly cool. (Tip of the hat to Gizmodo for this one). A two minute version and HD versions of both are available too, as are the original source images.
A Warm Plasma Cloak
Today it is bitterly cold in Boulder, currently registering -4 degrees Fahrenheit. I returned to Hoth this afternoon from the relative warmth of San Francisco, after attending last night’s excellent Topspin holiday party. As I was catching up on my Slashdot feed, it came to my attention that scientists have discovered a sixth region of the magnetosphere called the warm plasma cloak. I could really use one of those tonight when I take my dog out for his nightly walk.
Topspin’s Seeking a VP Engineering
Foundry Group portfolio company Topspin Media is looking for a VP Engineering. If you’ve got great engineering management chops, a passion for music and an interest in building enterprise-grade web apps to enable music artists to run and build their business online, take a look at the job description posted today on Topspin’s blog. The best short-hand analogy for Topspin’s mission is this: Topspin aims to do for music marketing what ProTools did for music production. The company’s Chairman and co-founder is Peter Gotcher, who founded Digidesign, the creator of ProTools, so this isn’t just idle analogizing. Contact the company directly if you are a candidate that fits the description.
Beer: My Favorite Product of Biotechnology
I cannot deny it – I love beer. My “gateway beer” that taught me there was a whole universe outside of mass-produced beer was Pete’s Wicked Ale, introduced to me when I arrived in the Bay Area to attend Stanford in 1989. Then, during my junior year, I spent six months in 1992 living in Germany, three months at Stanford’s campus in Berlin and three month in Munich working for BMW on the assembly line building their 3-series cars.
Aside from memorizing Berlin’s U-Bahn system and learning German words (such as Warmelosierung and Gewindebolzen) for car parts whose names I didn’t know in English, I developed a love for excellent beer (i.e. not American macro-brewed Budweiser, Miller and Coors) and eventually started brewing my own beer. After moving to the lower Haight in San Francisco in 1996, I found myself within blocks of über beer-nerd bar Toronado, and continued my beer education in those hallowed halls.
My first post-Excite-IPO angel investment was in a brewery based in San Francisco called Speakeasy Ales & Lagers. Today Speakeasy is thriving and brews and bottles some truly excellent (and award-winning) beers, my favorite being Big Daddy IPA. Their bottled beers enjoy good distribution on the West Coast, particularly in San Francisco, are served on tap in bars throughout the Bay Area, and I’ve even seen them on the shelves of Dean & Deluca in New York, Napa and Georgetown.
My love for Speakeasy’s Big Daddy IPA turned me on to India Pale Ales in general, and I’ve been thoroughly exploring the genre over the years. IPAs are strongly-hopped beers with higher-than-average alcohol content that were originally brewed for the long sea voyage from the UK to India back in colonial days. Because the voyage was long, the beer had to be brewed to keep during the journey. Hops act as a preservative and impart both a distinctive aroma and a strong flavor to beer that some would call bitter, but I would call complex.
Aside from Big Daddy, some of my favorites include Lagunitas IPA, Stone IPA, Boulder’s Avery IPA and the 60-, 90– and 120-minute Dogfish Head IPAs. I discovered Dogfish Head thanks to the excellent and extensive beer list at The Kitchen Upstairs here in Boulder. The Dogfish Head IPAs are by far my favorites, and I was pleased to discover an excellent in-depth article in the New Yorker on Delaware’s Dogfish Head Brewery, which is well worth a read if you are interested in beer. My brother-in-law is also a beer fanatic (the picture above is of his beer fridge), and he and I are plotting a pilgrimage to Rehoboth Beach to visit the source at some point.
I’ve been known to take beer-focused trips in the past, so a trip to Delaware would not be the first. This past May, my partner Jason and our friend Martin and I took a three day “man trip” to Belgium to visit Antwerp, Brugge and Brussels and sample as many Belgian beers as we could. Between the three of us, I think we had about 90 beers, a respectable sample of what’s on offer in a country that boasts domestic production of at least 500 varieties of standard, regularly brewed beers and perhaps thousands when you count specialty one-of-a-kind brews that are put out regularly by Belgium’s breweries and monasteries.
Now that I’ve gone through this recap of my beer education and obsession, I’m hoping my readers will suggest other ways I might expand my beer universe…
10 Megapixels at $2.20/pixel
When I was in Pennsylvania two weeks ago for Thanksgiving with Katherine’s extended family, we took a trip in to Philadelphia to see the new Comcast corporate headquarters building, recently opened, and a new downtown landmark (chock full of green design and LEED goodness).
The coolest part of the new Comcast building is the giant, $22m 10 megapixel mega-HD video wall in the lobby, which runs custom-developed more-than-HD content 24×7. My brother-in-law is a VP at Comcast and took us to see the holiday show on the wall, which drew hundreds of people. Happily, we were able to secure front-row seats (on the lobby’s floor) to see the show. Click here to see a slideshow of shots I took of the wall with my iPhone. I have to say, the video wall is quite stunning. Most impressive, Comcast! For more tech specs on the wall, check out this post from Engadget.
Sooner or Later on Rhapsody, Bandcamp
In this case, later. Much later. I’m a big fan of using Rhapsody on my Sonos, so I’ve been frustrated that my band’s second album seemed to get lost on its way to Rhapsody. For some strange reason, when my band Soul Patch released the album earlier this year, we used CD Baby to handle physical and digital distribution, and the album quickly found its way to iTunes, Amazon and numerous other digital services, but Rhapsody was a serious laggard. Rhapsody told us they had a big backlog and were a bit behind, and promised we’d get up there in June, July, August and October. I had given up and had stopped asking the folks at Rhapsody what the deal was. Finally, sometime in the past week, the album found its way through the clogged tubes of the interweb and is now available for your streaming pleasure:
Finally, as an investor in Topspin Media (and in the spirit of distributing Soul Patch’s music as widely as possible), I’ve trying out various different direct-to-fan musician’s publishing platforms, so I decided to put Sooner or Later up on Bandcamp, a very slick system indeed. Kudos to Ethan & Co. for a job well done, and to the fine folks over at True Ventures who invested in Bandcamp. Here’s a nice embed that Bandcamp provides:
A Watershed of Sorts
So this story hit the news a few days ago, but I’ve been busy eating turkey, so I didn’t get around to posting it until now. Atlantic Records announced that sales of their music from digital downloads are now greater than those from sales of physical CDs. They are the first of the major labels to be able to make this claim, though this day has been a long time coming, and no doubt the other labels will reach this milestone in the relatively near future, whether they care to or not.
Atlantic clearly deserves praise for reaching this milestone first — most of their brethren’s digital sales as a percentage of overall sales trail Atlantic’s substantially, closer to the 20% range, indicating that Atlantic is further down the road in re-tooling their business for digital. Nonetheless, I think Atlantic is being a bit disingenuous in touting this as an accomplishment — I could claim that wise investment choices in my muni bond portfolio in the past year have led to it becoming a majority of my holdings, rather it was the meltdown in the equity market that caused my bond allocation to overtake my equity allocation. Cold comfort when the overall pie has shrunk disastrously.
While the continued strong growth of digital sales is promising, this isn’t wholly good news for the labels: while their digital revenue streams may be growing quickly, their CD revenues are declining even more sharply — the NY Times article I link to above quotes NBC Universal’s Ed Zucker apt characterization of the difficulty old media businesses are facing in their digital transition as “trading analog dollars for digital pennies”. (Note: As I was posting this, I noticed Fred Wilson recently wrote a post with this quote as a title, so clearly Zucker’s quip is a bit viral).
To survive, the major labels will need to significantly restructure over time to adapt to the (rapidly approaching) day when CD revenue becomes a small minority line of their businesses. As Ian Rogers, CEO of Foundry Group portfolio company Topspin Media eloquently put it, “the physics of the music industry have changed”. The tools of production and distribution have been democratized. The leaves talent and the ability to identify it and market it well (by building strong relationships directly between artists and their fans) in the digital world as key differentiators in the music business going forward. The labels, artists, artists’ management and new entities that will emerge who don’t fit in any of these categories who embrace this new reality are the ones who will prosper going forward.
The Valedictocracy
I’m very pleased with the people Obama is bringing on board his administration. In David Brooks’ op-ed piece in the NY Times today, he refers to this new administration as the valedictocracy – rule by those who graduated first in their high school classes. Having been valedictorian of my high school graduating class in 1989, I’m glad to see my long-suffering people are finally getting their shot. (That’s a joke, folks.)
I’m hopeful that an Obama administration will (among other things) help buck the long-standing trend towards anti-intellectualism in our country. The world is a complicated place, and I want my leaders to be as intelligent as possible, be comfortable with nuance and speak in complete sentences. The last eight years have proven what a disaster voting for the guy you’d like to have a beer with can turn out to be. Fortunately, voters used a different filter this time around.
Call me elitist if you must, but I’d much rather have a beer with a guy or gal with advanced degrees from Harvard, Stanford or Yale than with Joe the Plumber. Time to hand over the controls to the eggheads — even if you are suspicious of this “elitist” approach, let’s face it, there’s very little chance they could do a worse job at the helm than the previous administration did.
Ian Rogers’ Great Keynote
A couple weeks ago, Foundry Group portfolio company Topspin Media’s CEO Ian Rogers delivered the keynote speech at the Grammy Northwest Music Tech Summit. He just posted his presentation on Topspin’s blog — if you have any interest in the current (and future) state of the music business, it is well worth a read. As I’ve mentioned before, I’m honored to be a part of Topspin, and think Ian is one of the most cogent thinkers out there about the intersection of technology and the music business. His post made it on to Boing Boing today, so I’m sure his keynote is getting a ton of well-deserved attention. Good stuff.