 | This article needs to be updated.(February 2024) |
 | |
Type of site | E-Commerce and Web Marketing |
|---|---|
| URL | TopspinMedia.com |
| Commercial | Yes |
| Launched | June 2007 |
| Current status | inactive |
Topspin Media (or Topspin) was a technology company that provides direct-to-consumer retail and marketing software for musicians, filmmakers, artists, authors, and other content creators. [1]
Topspin was founded in 2007 by Peter Gotcher (co-creator of Pro Tools) and Shamal Ranasinghe. In its early stages, Topspin's software was accessible to artists through invitation only. [2] The company gradually expanded by testing new features through direct-to-consumer campaigns for notable artists such as David Byrne and Brian Eno. In recognition of this approach, Billboard magazine named Topspin the Indie Visionary of the Year in 2008. [3]
In 2010, Topspin introduced a new ticketing system, which facilitated the sold-out success of two fan-exclusive Pixies shows at The Troxy in London, England. [4] CEO Ian Rogers, in February 2011, announced the company's decision to open its previously private software to the general public. [5] On March 16, 2011, the Topspin platform became accessible to everyone. [6] The company promoted this public launch during the South By Southwest music festival, where they hosted a three-day software demonstration and awarded a $5,000 "Direct-to-Fan Grant" to the artist with the most compelling direct-to-fan marketing plan. [7]
Topspin has consistently maintained a presence at industry conferences such as MIDEM [8] and South By Southwest. [9] In October 2011, Topspin was among the first four partners selected for integration into YouTube's Merch Store. [10] In March 2012, it was announced that Topspin's e-commerce and marketing technology would power MTV Networks' Artists initiative, set to launch in the summer of that year. [11]
Topspin Media is headquartered in Santa Monica, California, and operates satellite offices in New York, Nashville, and London, England. [1] The company was acquired by Beats Music in 2014. [12]
Beats Music sold TopSpin to Transform Capital a few months later and the company began to collapse. The website went offline in 2020. [13]
Topspin is a web-based application structured into six primary sections or tabs for users: Dashboard, Products, Promote, Fans, Sell, and Fulfill. [14] As users log in, they are directed to the account Dashboard, providing an overview of recent sales and marketing data. The additional sections are:
Topspin can bundle multiple products together for sale as a unified package. For example, a single package can include a CD, T-shirt, concert ticket, album download, and other items. CEO Ian Rogers has referred to this strategy of combining physical and digital goods as "rebuilding." [15] In February 2012, Rogers noted that Topspin sells roughly equal numbers of physical and digital units; however, the majority (75%) of revenue generated by Topspin artists comes from the sale of physical merchandise. [16]
The Topspin application offers integrated tools for e-commerce, fan relationship management, marketing, and the fulfillment of both digital and physical goods. [17]
Other notable features of the Topspin platform include:
At the time of Topspin's public launch in March 2011, the company's artist roster numbered between three and four thousand. By March 2012, one year after its public launch, Topspin's roster approached 20,000. Notable artists include:
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