The latest episode of Stanford Entrepreneurial Thought Leaders has a panel of musical artists who discuss how the new digital landscape is affecting the music industry. I was pleasantly surprised, although I probably shouldn’t be, about the marketing savvy of MC Hammer. He discusses how digital marketing is empowering artists to cut out the middle man and dramatically cut marketing costs for a new album launch. He also comments on how twitter can be a tremendous tool for artists because it can instantly reach thousands of loyal fans.
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