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Jilliane Velazco

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

www.bloggingstocks.com/...s-down-11-halfway-through-2008

single track downloads download sales music music industry

shared by Jilliane Velazco on 08 Dec 08 - Cached
  • 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
  • ...2 more annotations...
  • 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
  • Jilliane Velazco on 08 Dec 08
     
    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

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

articles.latimes.com/...fi-music28

iTunes cd cd sales music music industry

shared by Jilliane Velazco on 03 Dec 08 - Cached
  • 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.
  • ...9 more annotations...
  • “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.
  • Jilliane Velazco on 03 Dec 08
     
    more people have been using piracy instead of buying real cd's from stores
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