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Jilliane Velazco

The Music Industry's Last Stand Will Be A Music Tax - 0 views

  • They haven’t yet given up on trying to charge for their music, but it’s becoming more and more clear that as long as there is a free alternative (file sharing), the price of music will have to fall towards free.
  • Music Taxes Will Kill Music Innovation
  • Music industry revenues will be a set size, regardless of the quality or type of music they release.
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  • Soon labels will complain that revenues aren’t high enough to sustain their businesses, and demand a higher tax. It will go up, but it will never go down.
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    info about music taxes and prices
Jilliane Velazco

Digital Sales Not Enough to Save Music Industry, says JupiterResearch | Tekrati Researc... - 0 views

  • Digital music was a $1.3 billion business in 2007, but it still only comprised 10 percent of consumer music spending
  • compete with Apple and the future of music CD sales.
  • “The challenge remains for the industry to find new ways to compete with Apple, who remains the dominant player for portable media devices,”
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  • it will become even more critical to find new devices paradigms to capture consumer attention and new business models to sell content and services on those devices
  • iTunes and other online music retailers are also changing the way music is purchased. Hot and popular are now giving way to Independent artists who are just as likely and able to make their material available on iTunes and other internet resources.
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    apple is the most popular device/music player and it is hard for other companies to compete with apple and itunes
Jilliane Velazco

Music Industry Proposes a Piracy Surcharge on ISPs - 0 views

  • the music industry is for the first time seriously considering a file sharing surcharge that internet service providers would collect from users.
  • seek an extra fee on broadband connections and to use the money to compensate rights holders for music that's shared online.
  • Griffin's idea is to collect a fee from internet service providers -- something like $5 per user per month -- and put it into a pool that would be used to compensate songwriters, performers, publishers and music labels.
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  • U.S. music sales, which peaked in 1999 at nearly $15 billion, dropped to $11.5 billion in 2006.
  • nearly 20 percent of U.S. internet users downloaded music illegally last year
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    they are thinking about collecting a fee from internet service providers, about $5 per month each user and that money would be used to "compensate songwriters, performers, publishers and music labels".
Jilliane Velazco

Top music seller's store has no door - Los Angeles Times - 0 views

  • Apple Inc. has surpassed Wal-Mart to become America’s No. 1 music store, the first time that a seller of digital downloads has ever beaten the big CD retailers.
  • Video game companies and other software makers are selling more of their products as downloads rather than CDs.
  • Songs could be downloaded faster than movies or TV shows, both legally and illegally.
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  • devices such as Apple’s iPod made songs easy to listen to anywhere.
  • It said it counted every 12 singles sold as one album, and that Apple probably received a boost during the two months by people cashing in iTunes gift cards – which Wal-Mart and other retailers also sell – received during the holiday season.
  • Apple launched iTunes in 2003, creating an online business model for a music industry that was struggling with plummeting CD sales and online piracy. In addition to selling albums, iTunes offered hundreds of thousands of individual songs for 99 cents each. That was ideal for customers who wanted to buy hot singles or old favorites without buying the whole album.
  • it reported $808 million in revenue for a category that includes iTunes store sales, a 27% jump from the same quarter the previous year.
  • Although Apple has given the music industry a new way to sell songs, it has become so powerful that music companies have sought to help create and fortify potential iTunes rivals.
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    apple is the top seller of music; on and off the computer! =] apple overtakes wal-mart as the biggest US music seller
Jilliane Velazco

Online Music Alters Industry Sales Tempo - Los Angeles Times - 0 views

  • A year after Apple Computer Inc. launched its iTunes Music Service, the online music industry is selling songs by the millions
  • Customers at three of the leading online services – iTunes, Musicmatch Inc.’s Musicmatch Downloads and RealNetworks Inc.’s Rhapsody – buy about 10 times as many singles as they do albums. Offline, people buy 50 times more CDs than singles.
  • music lovers buying a few 99-cent singles instead of $15 CDs.
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  • “There’s no money to be made from singles,”
  • Dozens of free networks emerged to let people copy songs from one another’s computers, drawing an estimated 63 million users in the U.S. alone by mid-2003.
  • Apple said the service sold its 50 millionth song March 15.
  • Some online music companies continue to struggle, but the sector is growing fast and steadily.
  • Analysts estimate that the services’ revenue will grow from about $65 million last year to $250 million in 2004, with $120 million or more from downloadable singles
  • CD sales totaled $11.2 billion in the U.S. last year
  • online customers are buying a much broader range of music than is being sold in stores.
  • about 75% of the paid downloads weren’t in Billboard’s Top 200 and about 60% were “catalog,” or older, tracks.
  • more than 63% of the CDs sold in stores last week were new releases.
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    more people have been using piracy instead of buying real cd's from stores
Jilliane Velazco

How The Music Industry Garnered Record Profits in 2008 | Medialoper - 0 views

  • Chinese Democracy topping 1.5 million in CD sales and downloads
  • the American Music Industry has never been healthier.
  • “People don’t realize it,” said Stamphammer in a recent interview, “but we started planning for this back during the teen-pop era. In fact, remember when that N’Sync album sold 1.1 million copies in its first week? 50,000 of those were digital files.”
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  • after a half-century of people being able to purchase pop music and doing whatever they wished with those purchases, massive restrictions on computer files didn’t make sense to people.
  • they saw it as a marketing opportunity: fans of an artist were marketing that artist to other fans. Using the most powerful tool of all: the artist’s music.
  • What people don’t remember was that the original pricing was 99 cents per song, and $9.99 per album. After about a year, research showed that while people valued their downloads, they didn’t value them in the same way they valued physical media.
  • After all, one of the ongoing complaints about .mp3 files has always been sound quality, and with bandwidth increasing, storage getting cheaper, and portable devices supporting lossless formats, it only makes sense.
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    they noticed a lot of online downloading and illegally downloading, so they lowered prices of music and sales "quadrupled". [iTunes]
Jilliane Velazco

Digital Music Sales Grow, but at Slower Rate - New York Times - 0 views

  • worldwide digital music sales rose to $2.9 billion last year, from $2.1 billion a year earlier. That was about 15 percent of overall sales, up from 11 percent a year earlier and less than 1 percent in 2003.
  • yet to make up for the shortfall in sales of compact discs
  • sales of recorded music fell about 10 percent last year, to $17.6 billion
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  • In China, where piracy is rampant, the music industry is considering a lawsuit against Baidu.com, the largest Internet provider
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    music sales are going down; china is considering a lawsuit against Baidu.com
Jilliane Velazco

Music industry: Piracy is choking sales - CNET News - 0 views

  • Worldwide sales of music CDs, records and cassettes fell for the third year in a row
  • rising Internet piracy in the United States,
  • 7 percent drop in global music sales
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  • less willing to buy music on the one hand, and others saying they use downloading to make better-informed purchases on the other hand.
  • Internet services such as Napster and Kazaa contend that record labels are simply not releasing enough good music, and consumers see DVDs as a better value than CDs.
  • piracy has made it easy for many people to get music for free, allowing consumers to download songs and spend their money on DVDs instead.
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    some people say that DVD's are worth better value than CD's, because people use piracy to get the music they want and use their money to buy DVD's.
Jilliane Velazco

CD Sales Fall Faster Than Digital Music Sales Rise. Or Do They? - 0 views

  • “In 2007… Physical sales of CDs and DVDs fell 13 percent to $15.9 billion. Sales of downloaded songs and mobile-phone ringtones rose 34 percent to $2.9 billion.“
  • “piracy is killing the record industry”
  • “physical and digital piracy cost the U.S. music industry alone $5.3 billion“
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  • “30 billion illegal downloads in 2007“
  • “Even the most innovative business models are totally undermined by free music”
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    music sales are going down because of illegal downloads and free music; there were 30 billion illegal downloads in 2007;
Jilliane Velazco

The music industry | From major to minor | The Economist - 0 views

  • the results from 2007 confirm what EMI's focus group showed: that the record industry's main product, the CD, which in 2006 accounted for over 80% of total global sales, is rapidly fading away.
  • the volume of physical albums sold dropped by 19% in 2007
  • For the first half of 2007, sales of music on CD and other physical formats fell by 6% in Britain, by 9% in Japan, France and Spain, by 12% in Italy, 14% in Australia and 21% in Canada.
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  • “In 2007 it became clear that the recorded-music industry is contracting and that it will be a very different beast from what it was in the 20th century,”
  • Warner Music's share price has fallen to $4.75, 72% lower than its IPO price in 2005
  • They now want to move beyond Apple's iTunes and its paid-for downloads.
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    info about music industries; record labels; cd sales and how they have gone down
Jilliane Velazco

Digital sales boost music industry - Entertainment News, Music News, Media - Variety - 0 views

  • Album sales dropped for a seventh consecutive year, but a dramatic increase in the sale of digital tracks helped keep the music industry afloat in 2006.
  • "High School Musical" is the first soundtrack to become the No. 1 album since "Titanic" sold 9.3 million copies in 2002, a feat that should have Disney -- an indie in the recorded music field -- smiling.
  • aimed at tweens
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  • the number of albums sold as downloads doubled from 2005
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    album sales drop again; high school musical was the 1st soundtrack to become the #1 album since Titanic; "no major label act could beat a TV soundtrack aimed at tweens".
Jilliane Velazco

iTunes Boasts Second Place For Music Sales, Hits Milestones; Legal music downloads now ... - 0 views

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    iTunes music sales are doing great; they have had over 50 million customers
Jilliane Velazco

Music industry's got the blues: Global sales fell 3% in 2006 - USATODAY.com - 0 views

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    there have been more online music sales than regular cd's from stores
Jilliane Velazco

Album sales down 11% halfway through 2008 - BloggingStocks - 0 views

  • 11% decline in album sales during the first half of 2008
  • Consumers purchased 204.6 million albums between January and June
  • single track downloads growing 30% to 532.7 million units in the first half of the year over first half sales in 2007 of 417.3 million units
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  • Sony BMG dropping .5% to 24.8% and EMI dropping 1% to 9.4%.
  • single track downloads would make an obvious market to rely on
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    music industries are saying that they might have to rely on single track sales; "single track downloads growing 30% to 532.7 million units in the first half of the year over first half sales in 2007 of 417.3 million units
Jilliane Velazco

Despite Drop in CD Sales, Music Industry Is Upbeat - washingtonpost.com - 0 views

    • Jilliane Velazco
       
      Important info!! -->
  • rising revenue from songs and albums bought on the Internet failed to offset the consumer flight from CDs.
  • CD sales was down 13 percent last year compared with 2005
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  • online sales of singles from services such as Apple's iTunes were up 60 percent last year.
  • Apple reported the sale of its 100 millionth iPod.
  • The music industry has blamed piracy for the dive in CD sales and began suing downloaders and the file-sharing services in retaliation in 2003
  • the RIAA is about to sue students for illegal downloading.
  • CD sales peaked in 2000, with the major labels shipping $13 billion worth of discs to stores.
  • Sales dropped about 8 percent each following year, until a 2 percent uptick from 2003 to 2004.
  • resumed in 2005 and hit its lowest point in more than a decade last year, when music companies shipped $9.2 billion in CDs.
  • Last year, sales of albums bought on the Internet shot up 103 percent compared with 2005
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    cd sales have gone down because of online piracy, etc.
Jilliane Velazco

As CD sales tank, the music industry changes its tune - US News and World Report - 0 views

  • Sales of CDs fell almost 9 percent in 2002 and are expected to be down this year an additional 6 percent.
  • Instead of buying music, fans are flocking to online services like Kazaa that allow users to digitally swap songs free.
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    people have been downloading music for free (ex: on Kazaa) instead of buying cd's cd sales fell 9% in 2002 and were expected to go down 6% more
Jilliane Velazco

Music Industry Decline Accelerates - 0 views

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    they say this is "the worst decline in the history of the cd"; physical album sales have gone down 27% as of December 1, 2008
Jilliane Velazco

Disney bucks music industry downturn | Digital Media - CNET News - 0 views

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    disney attracts many tweens and young teens. ("30 million monthly visitors of largely tweens and young teens")
Jilliane Velazco

MediaShift . Music Industry Losing Control Over Album Sales | PBS - 0 views

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    about album sales; record labels; cd prices
Jilliane Velazco

SignOnSanDiego.com > News > Business -- Music industry remains in spin - 0 views

  • "It's cheap to buy used discs. . . . They sound just the same as new ones,"
  • Amazon.com
  • The industry worries that the expanding used market is cannibalizing new-CD sales, as well as promoting piracy by allowing consumers to buy, record and sell back discs while retaining their own digitally pristine copies.
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  • Used-CD shops typically pay customers between $3 and $5 for their old discs, then sell them for $8 to $10. New CDs can be priced as high as $18 apiece.
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    used cd's are a better buy than getting brand new cd's used cd's work the same way as new ones, and you save a lot of money buying used ones
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