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British Album Sales Are Officially Imploding...
Source:
Digital Music News
When's the last time you bought a CD? A recent survey conducted by Audio-Technica in the UK found that 40 percent simply couldn't remember the last time, while 20 percent reported downloading something in the last week.
So what about the rest? Nearly half (49 percent) felt that free downloading was perfectly acceptable, which probably means a much larger percentage actually felt that way. In the end, the once-stable British album is now starting to crash, just like the US ...
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Artists and Labels Must Accept the New Music Industry
Source:
HypeBot
Guest post by Gregory Haberek, artist manager and co-founder of All For The Addicts Management. Music has been a part of human culture since the beginning of history, and it continues to transcend language barriers, belief systems, and remains completely open to interpretation. Musicians create works of art through emotional expression and artists create because they have to, and in turn, an industry was created to exploit that need. In other words, the industry is aware that all an artist ...
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Denial of a Digital Lifestyle: Living the Life of an Ostrich (with Your Head in the Sand)
Source:
HypeBot
Guest post by Brian Thompson of Thorny Bleeder. According to legends (although there is no evidence to show that this is true), ostriches have a tendency to bury their heads in the sand as a way to avoid danger. Today, people are often said to bury their heads in the sand when they refuse to confront or deal with a problem, and choose to deny it. And that's exactly what's happening with many people in the music business, on both ...
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Average Concert Ticket Prices: 1981-2005...
Source:
Digital Music News
This was a central exhibit in a ten-year, exhaustive class action lawsuit against former Live Nation parent Clear Channel. It focused on the markets of Denver and Los Angeles, and attempted to prove that monopoly control was unfairly driving ticket prices into the stratosphere. It was ultimately rejected and tossed by a federal judge for a number of reasons.
The breakdown was constructed by University of Wyoming professor of Economics Owen Phillips, who was (understandably) unable to ...
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Kyle Bylin: 3 Insights into Future of Geosocial Music
Source:
HypeBot
The geosocial revolution (see Foursquare and Facebook Places) promises to connect us to the places we visit and the people who frequent them, while helping us discover music in new ways, too. Over the past year, a number of startups have released location-based music apps—each aspiring to revolutionize the way we listen to music. Wahwah.fm, the most innovative of them, enables users to listen to music and simultaneously “broadcast" the session to a larger community. Meanwhile, other users can join ...
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Overheard @ The Future of Money and Technology Summit in S.F.
Source:
HypeBot
The Hotel Kabuki in San Francisco was packed yesterday with visionaries, entrepreneurs, developers, press, investors, authors, solution providers, service providers, and organizations that all work at the convergence of cash and commerce. The Future of Money & Technology Summit set out to explore the impact that technologies of today and tomorrow will have on people's relationship with currency, and it did not disappoint. Hypebot's Hisham Dahud was in attendance providing live up-to-the-minute updates for our Twitter followers (follow @Hypebot). For ...
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Independent Record Stores Dominate Vinyl Sales [chart]
Source:
HypeBot
According to stats shared by Nielson, this Saturday's Record Store Day should give U.S. indie music stores something to sing about , thanks in large part to strong vinyl sales. In the past, album sales the week of Record Store Day have seen significant gains at the stores, with sales the week of the 2011 Record Store Day 39% higher than the week before. But vinyl is the real star. In 2011, 67% cent of all vinyl albums sold was ...
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More Than 100 Million Americans Now Listen to Online Radio...
Source:
Digital Music News
This is a format exploding in front of our very eyes. It's bigger than Pandora, and in fact, it's the reason why Pandora has so many jabbing competitors! According to just-released survey data from Edison Research and Arbitron, 103 million Americans are now accessing online radio in some form, in any month.
It's a growth curve that looks like this:
That's nearly 40 percent of the US population 12 or over, and a massive chunk of breathing ...
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