Sunday, July 31, 2011

Touchscreen Technology And Music: Future Of the Entertainment Industry

Over time, the development of smart phones and iPods have become standard in communications and media to cater to. The creation of these devices has prompted the creation of various applications and etc. But the most interesting fact of them is that the use of touchscreen technology has now become and essential piece of our societal norm. The use of it in particular in the music industry has changed the way we enjoy our movies, music, and other forms of media. The use of DJs having this technology has developed to not even having to use turntables. If you have your console hooked up to a decent running computer, you can spin music with it and even more recently, the touchscreen technology has been developed for it.

I would like to involve myself in of the future of developing technology that involves the music industry. The use of touchscreen technology is part of the future that could possibly developed into a different medium. Right now, it is very easy to have access to such networks as twitter, facebook, myspace, soundcloud, and etc. with devices that have this feature. In the music industry, it is being used for more so musicians with different devices. Mostly DJs who play music but keyboards and midi controllers that allows a person to produce, it is becoming more of a key element. If there was a way to develop more ways to how this technology could affect the music industry in terms helping artists sell music and merchandise, I would like to find more ways to do it. The importance of it is to keep customers in buying the music so there any use of the new technology that been acquired, will help the business in new ways. Also, it can help independent artists who do not have the advantages of marketing themselves if they have the knowledge and access of this technology. I would like to see if a company that is very optimistic to the idea would be willing to collaborate on helping out independent artists and also companies to be able to market themselves in an industry that is swaying more towards the technological side to help with sales and a customer base.



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Thursday, July 14, 2011

Alternative Funding

Need a financial start to your business in entertainment? Seeking some help with budgeting your business properly? The alternative funding programs from the various sources are available for small businesses. Two sites in particular that can be looked at for this kind of assistance would be The Association For Enterprise Opportunity, also known as the AEO (http://www.microenterpriseworks.org/), and The Coalition of Community Development Financial Institutions, also known as the The CDFI (http://www.cdfi.org/). The AEO offers information on finding a mentor and microenterprise development organizations. It seems as though the AEO offers this assistance without having any requirements but they do offer the help if an self-employed business owner is interested. The CDFI offers awards and programs to communities that require a lot of development and financial support. Such programs as The New Markets Tax Credits Program, initiated in 2002, encourages private sector investment by offering tax credits for qualified community development investments.

The qualifications for being part of a program in the CDFI programs vary. For example, if you wanted to be involved with the Microenterprise Development Loan Fund, the business owner would have to file the business as a 501 (c) (3) to have it documented as a non-profit business. It is specifically by low individuals and entrepreneurs that would like to receive funding from the government and the private sector. Other programs, such as Community Development Venture Capital Fund, doesn't require the business to be registered as a 501 (c) (3) and mainly funds corporations, foundations, individuals, and parts of the government. The AEO has initiatives for people seeking funding. There is an initiative called Enter The Catalyst that caters to low-wealth entrepreneurs to develop leadership and create a microenterprise. This program is different from the Green Economy initiative they have that specifically focuses on businesses that are eco-friendly; focusing on the environment.

Other information that these sites have include information on government advocacies. The AEO has a section on its website where there is a link to help people who are uninsured to gain some assistance with their health insurance. The CDFI offers details on how to get in touch with politicians in legislation and how the process of it works. Both sites seem to have great a bit of detail for entrepreneurs to be involved in a microenterprise and to also be well aware of what they are getting into as far as being self-employed.