Trends News

What People Actually Spend on Entertainment and Music...

Source: Digital Music News
September 29, 2011

There's an old myth about recessions—and depressions, for that matter. It states that people spend more on entertainment and leisure during hard times, mostly to escape a difficult reality. But the actual 'reality' on entertainment spending is far more complicated: even during the Great Depression, expenditures on things like movies plunged as the hard years wore on—not because people didn't want the escape, but because they just couldn't afford it (attendance dropped 40 percent by 1933, according to various estimates). ...

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Can This Last? Album Sales Now up 3.4% on the Year...

Source: Digital Music News
September 29, 2011

The good news comes from NARM president Jim Donio, who shared the latest sales figures with Digital Music News on Wednesday evening. These are US-based, year-over-year figures, calculatedby Nielsen Soundscan, and they just keep getting better. Now, the question is whether this spills into the all-important holiday season. In other words, can this last? “This is the 18th week in a row where year-to-date album volume is greater than the prior year," Donio relayed. “With the holiday season fast approaching, ...

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The Music Industry is Bigger Than You Think [stats]

Source: HypeBot
September 20, 2011

This guest post comes from Bobby Owsinski, producer, author and social media advisor who blogs at Music 3.0. Whenever someone mentions the phrase “the music industry" we immediately think of record labels and music sales, be they via a digital file, CD, vinyl record, cassette or some other method where we listen to songs. The business is a lot bigger than that, especially if we look at all the different categories. click on image above to enlarge The IFPI (the ...

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Nielson Social Media Survey: Facebook Dominates Time Online, Tumblr and Mobile Use Exploding

Source: HypeBot
September 14, 2011

The new Nielson Social Media Report shows again the growing dominance of social networks in general and Facebook in particular.  Highlights of “State of the Media: The Social Media Report“ (Charts after the jump below.: Social networks and blogs continue to dominate Americans' time online, now accounting for nearly a quarter of total time spent on the Internet At over 53 billion total minutes during May 2011, Americans spend more time on Facebook than they do on any other website ...

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Study: Youtube Links Have Much Longer Impact Than Facebook, Twitter [chart]

Source: HypeBot
September 8, 2011

We already know that different kinds of posts drive different levels of activity. But do the dynamics of link traffic also depend on where the link is posted? It would seem that it does according to a new study by link-shortening service bit.ly that shows that links have an impact for far longer when posted on YouTube over those shared on Twitter or even Facebook. The study of the half life of 1,000 popular bit.ly links revealed the following: 

The ...

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21 Great Ways to Collaborate with Other Artists to Get More Fans

Source: HypeBot
August 20, 2011

This guest post comes from Dave Cool, the Blogger In Residence at musician website and marketing platform Bandzoogle. One of the best ways for emerging bands to gain new fans is to be exposed to another band's audience. Especially if you have similar target markets, fans are more likely to trust a recommendation coming from a band they already know and like. Some ideas on how you can collaborate with other artists and bands to grow your fan base: Collaborate ...

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40% Of Youtube's Audience Watch Music Videos

Source: HypeBot
August 18, 2011

Beginning today comScore will be reporting data on YouTube partner channels. They apparently released some early information to Ad Age who revealed that music videos are a big draw and both Vevo and Warner Music are running that vid game. Ad Age's Edmund Lee reports that, according to comScore, 40% of YouTube's audience watched music videos in July. However, that does not mean that 40% of the videos viewed were music videos, only that those viewers included music videos in ...

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30 Years of Music Industry Change, in 30 Seconds or Less...

Source: Digital Music News
August 17, 2011

If you liked our ten year recap, you'll love this. Each pie shows the revenue contribution from various formats, 1980-2010, based on RIAA revenue figures. If you want to see it again, just wait a few seconds for the animation to start over. This is US-based data, and each pie represents 100% of total recording revenue. And, here are the individual year source images, starting with 1980 on the top left and 2010 on the bottom right. Just pick a ...

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