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8/14/2019 Final Kanye West Presentation
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Kanye WestKanye West
By:
Alex Negron
BrandyMelendez
Brittney Hurlbut
Jenna Guzman
Mark Okumori
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The Infamous Kanye
37 awards from his 105 other nominations
West beats and mixes have been used by legendary hip hop actssuch as Jay Z, Fifty Cent, and Beanie Sigel
Wests has aimed to go double platinum with this new album andhas employed Roc-A-Fella Records (RAF) to make his vision becomea reality.
Consequently RAF has devised a business plan to secure fundingfor this monumental project.
Your investment will guarantee that top line producers, mixers,sound engineers, and graphic designers are coordinated botheffectively and efficiently with the best financial, marketing,distribution, and management teams.
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The Industry Per Nielsen Company Soundscan, 2008:
Music purchases (transactions) reached 1.5 Billion.
This is the 4th consecutive year music sales have exceeded 1Billion
Digital track sales broke the $1 Billion sales mark for the first timewith more than 1,007,0000 sales in 2008
Digital album sales reached an all-time high with more than 65million in sales
Digital album sales accounted for 15% of total album sales,compared to 10% in 2007, and, 5.5% in 2006
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Why Roc-A-Fella Records? Roc-A-Fella Records (RAF) is a modern entertainment urban hip hop
record label
Established in 1999 when Universal Music Group merged two of its
daughter companies, Def Jam Recordings and Island Recordings
With over 30 combined years of professional experience, RAFdelivers complete "turn key" packages to its diverse clientele
Develops and produces original content and aggregates both in-
house, and third party rights for exploitation worldwide
With a long list of successes, we have gained critical access to themajor players in our industry
We ensure quality production and guarantee release and
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Mission & VisionMission
To produce a music album for Kanye West
To provide a bridge between investors and media & technologycompanies
VisionRAF delivers music and innovative media strategies as tools to
provide artists, clients and brands with sustainable competitive
advantage.
RAF is in the business of media and entertainment and isbecoming a leader in the production, development, financingand distribution of content using traditional models andaggressively pursuing opportunities in new media.
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Goals & Implementation
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GoalsProduce and distribute a platinum record
To obtain a return on investment that is satisfactory to theartist, label, and consulting group
To release the album on time, according to the projectedschedule
For Kanye West to be an international success
Build public awareness of artists new album and image
Increase membership of the Kanye West fan club
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Implementation Obtain Funding
Schedule recording time with Universal Mastering Studios (UMS)
Record 20 pre-written songs
Songs will be edited, mastered, and mixed by UMS
12 of 20 recorded tracks will be included on the album
A single will be selected
Schedule photo shoot for key art creation
Marketing team will create a press kit
Album single will be sent to Universal Music Label (UML) fordistribution
Analyze popularity and/or playability
Album copies sent to UML prior to release
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SecureFunding
Jan, 2010
Record 20prewritten
SongsMar, 2010
Choose 12of the 20
songs foralbum,
Choose 1-2Singles
May, 2010
ReleaseSingle
August, 2010
ReleaseThe
BeginningNov, 2010
TourBegins
May, 2011
Intense PRCampaign
TV, Print, RadioOct 2010-Jan 2011
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Gantt Chart
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Work Breakdown
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Budget
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Budget
The budget for this monumental project is spread over the
course of six quarters that consist of three months perquarter.
The first quarter will begin in January 2010 with the final
quarter concluding the project in June 2011.
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ExpensesThis project would require approximately $9.77 million in
funding with $1.97 million, $2.26 million, and $5.54 million
going to cover expenses incurred in the first three quartersrespectively
Expenses will be incurred in quarters one through six at 4%,5%, 13%, 32%, 27%, and 19% respectively
From quarter four onward, revenues are projected to besignificant enough to cover the remaining expenses
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RevenuesWe are expecting to sell 2 million albums at $15.00
We are expecting to sell 500,000 singles at $1.19
We forecast $71.60 million in net income of which $14.32million will be distributed to investors
70% of our revenues and will be recognized in quarter fourwith 20% and 10% following in quarters five and sixrespectively
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Investment & Return Investors will receive 20% of net profits from album sales by the
end of quarter six
20% of projected net income will be distributed to investors
Net profit is defined as the total revenue less total expenses
This makes for a projected 46.58% return on investment over aneighteen month period
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Marketing
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Marketing ContractsTV Interviews: Oprah Winfrey, SNL, Ellen, VH1, MTV, Regis
and Kelly
Print: The Source, VIBE, Cosmo, New Musical
Special Events: Autograph/
Album release part in NYC
the day of the album release
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Press KitFolder with logoPitch LetterFact Sheet Single and Album InfoBiography on Kanye WestMagazine ArticlePhotograph
Copy of the Single & AlbumInvitation to Kanye Wests website for further
information and updates about the single andalbum
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The Release PartyThe party will hold anywhere from 500-1,000 guests in
a location in the Los Angeles area, including suchcelebrities as Jay-Z and Jimmy Fallon.
: 500-1,000 Guests
Los Angeles
It will be held nearly two weeks before the release ofthe album, in order to entice a promotional hype
It will add to the availability of press and knowledgebeing passed through the media and to the targetmarket
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Tour Schedule 4/16 - Seattle, WA @ Key Arena 4/18 - Sacramento, CA @ ARCO Arena 4/19 - San Jose, CA @ HP Pavilion 4/20 - San Diego, CA @ Sports Arena
4/21 - Los Angeles, CA @ Nokia Theatre 4/25 - Las Vegas, NV @ Red Rock Casino Resort Spa 4/26 - Albuquerque, NM @ Journal Pavilion 4/27 - Denver, CO @ Pepsi Center 4/29 - Oklahoma City, OK @ Ford Center
4/30 - Austin, TX @ Frank Irwin Center 5/1 - Dallas, TX @ SuperPages.com Center 5/2 - Houston, TX @ Cynthia Woods Mitchell Pavilion 5/4 - Atlanta, GA @ Gwinette Arena 5/5 - Tampa, FL @ Ford Amphitheatre 5/6 - Miami, FL American Airlines Arena
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Post Production
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UML Vault Services Our studio services provide a high-quality, cost-efficient solution
that is well integrated with UMLs other digital services
UML Vault Services provides an environmentally safe and securelocation for all types of digital assets, utilizing a convenient web-based database system
Our asset managers coordinate a team of archival specialists whocan provide immediate access to requested content
An aggressive preservation program ensures functionality of all ofyour assets indefinitely
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Universal Music ServicesUMS will provide:
Mastering, mixing, editing, and watermarkingas well as secure electronic delivery of songs
through the worldCreate a digital booklet for album , upload
artwork to the B2B site for delivery to thedigital partners
Optimization the quality of the files and achievethe assets to a storage vault
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Universal MusicPortal Distribution will be done through UML. They will electronically
distribute albums to electronic markets such as iTunes andAmazon, and physical markets such as Wal-Mart and Target
We will also be able to utilize the powerful UMG MusicPortal. Thisintuitive online resource allows for the scheduling of releases,tracking of e-product delivery, setting up of digital rights, andaddition and removal of users
UML e-Commerce Operations has established relationships with
most major internet e-commerce content sites. Those relationshipsare leveraged every day to provide an unparalleled level of serviceand expediency for our clients.
Our staff of seasoned professionals can help guarantee accuracyand swift delivery in a digital environment where every secondcounts.
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Contingency
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Evaluation and ControlTeam Level:Job Responsibilities
Empowerment
Daily Time Reports
What got done
What show have gotten done
What events took place that prevented things from getting done
What action was taken to correct the problem
Weekly Status Report Meetings
Discussion of project status Managers will address Daily Time Reports
Quality Control 2 Months to Record 20 Songs
10,000 CDs manufactured each day
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Why?
Cos were the BEST!