The International Federation of the Phonographic Industry (IFPI) says that global sales in 2008 decreased 8.3 percent to $18.4 billion in 2008. That number takes in account all forms of revenue: physical sales, digital sales and performance rights. The recording industry blames piracy, and most likely there is some truth to that assumption. However, I think it’s also necessary to judge the value of digital content, and decide how much music fans are willing to pay for music that can be copied instantaneously at zero cost, and erased just as quickly. Continue reading...
Showing posts with label editorial. Show all posts
Showing posts with label editorial. Show all posts
24.4.09
What Is The Value of Digital Music?
12.4.09
Songs For Pennies or Stream for Free?
With all the music streaming and download services available, it’s difficult to decide which one to use. iTunes recently introduced their tiered pricing, but Amazon is selling top-tier songs at a cheaper price. Even though iTunes controls the download market, fans looking to buy music might be enticed by Amazon’s price drop.
On the free streaming front, Spotify released libspotify Tuesday night, which allows third-party developers to write applications for the service, and YouTube, though reported to have blocked “premium” videos in the UK and Germany, still provides most music for free, through user-made videos. Continue reading...
8.4.09
The Free Music Debate
The ongoing battle over music licensing and revenue sharing has been producing new ideas, business models and even some contradictory statistics. Free music seems to be on the rise, as major labels supported Google’s free music download service in China last week. But PRS for Music, which criticized Google for trying to pay artists unfairly, reported that UK musicians are doing better than ever, and earned $30 million more from licensing and tours in 2008 than the year before. Continue reading...
28.1.09
Editorial: How to Support Independent Music in a Changing Industry
The music industry is changing, major labels have been losing money since file-sharing started cutting into their profits. Maybe we shouldn’t care, for most major label artists are heavily publicized, pre-packaged for the masses, and generally worse than our favorite indie bands. But how is the shift in industry affecting independent labels? Common sense says that indie labels suffer alongside the big players, but the change in the industry is shifting towards a diversification of music, with more and more people listening to what they really want to hear, instead of what is imposed by the mass media. How you can support indie music in our changing times, after the jump: Continue reading...
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