Princeton University economics professor Alan Krueger likes to joke that E Street Band drummer Max Weinberg is the only man alive who can say he’s shared a stage with Bruce Springsteen and the former chairman of President Barack Obama’s Council of Economic Advisers.
Krueger, who met Weinberg and Springsteen during the course of researching a ticketing study, happily accepts the suggestion he’s a numbers-crunching wonk with a rock ‘n’ roll heart. He’s also the first to admit that while it was an honor and privilege to serve Obama and the country trying to turn around the worst recession since the Great Depression, he’s glad it’s over.
Now, Krueger is turning his attention back to his first love: crunching data around all things music. Readers may remember his presentation on the economics of concert tickets at the Concert Industry Consortium – predecessor to Pollstar Live! – in 2002, and follow-up studies on secondary ticketing he’s shared with Pollstar over the years.
Krueger, with the help of Jeannie Wilkinson, Live Nation’s former VP of Global Research, has established the Music Industry Research Association and is preparing to launch Aug. 10-11 what is hoped to be an annual conference for music industry professionals, taking place on the University of California, Los Angeles campus.
Among the topics are “Industry Professional Panel: Is this the Best of Times or Worst of Times,” moderated by WMA partner and head of music Marc Geiger.
Broad subjects divided into intriguing breakout groups include industry trends such as concert revenue, physical sales and streaming; economics of digital sales and streaming; copyright owners versus users; live music (including secondary market and streaming issues); new technology developments including Blockchain and recording; the transformation process in the digitized music economy; and issues of digitization, radio, globalization and…