Posted by Mike McCready | June 26th, 2015 | 3 Responses
We’ve come up with predictive data model that is over 90% accurate. That is to say, if we tell you your song is 84% likely to be selected for an opportunity on Music Xray, we say that with over 92% confidence.
Explained briefly, the Selection Prediction calculation presumes a song will be submitted to at least 20 opportunities on Music Xray and that the submissions will be done intelligently and realistically. That means, our calculations presume, for example, that rock songs will not be submitted to opportunities seeking EDM, female singers won’t be submitted to opportunities seeking male vocalists, etc. It also presumes submissions will go to a variety of opportunity types.
Keep in mind that labels sign only a few bands per year, whereas music supervisors license many songs per month. Submitters shouldn’t make only “long shot” submissions but rather take aim at a variety of opportunity types.
Selection predictions are based on a number of calculations and high scores are not a guarantee of a track to be selected. Low scores do not mean a track will not be selected. In fact, we’ve seen tracks selected for opportunities that according to our data would have only had a 10% chance. Selection Prediction scores are meant to help you decide which of your songs should get more of your time & effort when it comes to pursuing opportunities.
Variables that shift and that depend on the submitter include a ‘best practices’ submission strategy and continuously shifting market variables such as the number of available opportunities that are appropriate for the track.
We re-calculate every few weeks so that the probability of a song being selected reflects the current state of the variables mentioned above.
Continue reading for more information…
Music Xray observes every touch-point between many of the industry’s top
professionals and the songs and acts they react to every day. We’ve been doing it for over 5 years and in that time we’ve accumulated a lot of data.
We’ve observed things such as:
We’ve plugged our data into Amazon’s Machine Learning platform and we’ve been able to make some very interesting and accurate predictions about a song’s potential performance on Music Xray.
By observing:
We’ve come up with predictive data model that is over 90% accurate. That is to say, if we tell you your song is 84% likely to be selected for an opportunity on Music Xray, we say that with over 90% confidence.
Of course, it all depends on the submitter employing a “best practices” submission strategy. Submitters who do this will outcompete those who do not and thereby increase their song’s chances of garnering a selection.
A best practices submission strategy can largely be accomplished by applying common sense:
The best way to make sure you follow a best practices strategy is to buy and read this book, published by former Columbia Records executive and hit song writer, Norman Dolph.
It’s short and to the point and it will save you a lot of time, money, and
frustration. It will help you out-compete those who choose not to read it.
Music Xray is a dynamic site. These are some of the things that could change the likelihood your song may be selected: