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Why is Music Cheaper Now? It's Supply and Demand.
Artists such as Sufjan Stevens think that selling albums for $3.99 is unfair, but Stevens does not recognize that the market has caused prices to fall. Brian Franke explains why music is cheaper now with an economics lesson on supply and demand. He explains that when people want more (higher demand), then people will pay more ...
Barnes and Noble to Sell Kids "Educational Toys" in the Place of Music - Good Riddance.
In select pilot locations, Barnes and Noble will be eliminating their music sections entirely. Where the CDs once sat, educational toys will be placed. To some, this may seem like a sign of the times, but I respectfully disagree. The reason that Barnes and Noble isn't making good on its CD sales probably has more to ...
Can Christmas Cure Music's YTD Sales Slump?
The pressure is on inside every major label, as radio promotion departments scramble to find a few major hit singles to help reverse yet another year to date sales slump. With only 11 shopping weeks remaining in 2010, the recorded music industry overall is down 13.6% from last year with both digital and physical sales factored in. ...
Artist Revenue Opportunities Without Playing Live
This guest post is by Bobby Owsinski. Triangle Exception, a winner of the Hypebot Hit Song Contest got to pose two questions to him as their prize.* In most cases, recorded music has always been somewhat of a promotion for the live show. It's a little known fact that most musical artists have always made as ...
Nielson Clarifies Digital Sales Report
After a stating last week that U.S. digital sales we're flat, Nielson is now clarifying their findings. “The initial Nielsen analysis was focussed exclusively on digital single sales and did not look at the strong growth in digital albums, which we expect to continue. Or, the impact variable pricing for singles has had on increasing industry ...
Unprofitable Vevo Has "10's of Millions" in Revenue
Vevo's revenue is in the “tens of millions," collected through sponsorships and advertising, but the site is still not profitable, CEO Rio Caraeff told an audience at TechCrunch Disrupt yesterday. “Vevo is an experiment on a grand scale," according to Careff, with more than 50% of revenue passed on to the labels and artists. “We've proven ...
Nielson Report: U.S. Digital Music Sales Flat
According to a new report from Nielsen Research, 630 million digital music tracks were bought in the US in the first six months of this year. That number essentially equals sales for the same period a year ago and follows two years of expansion: 13% 2008-2009 and 28% 2007-2008. Most record labels have projected slow but ...
How Has the Economy Affected the Music Industry?
In part because it was already in it's own downward spiral, it has been difficult to get an accurate read on exactly how the poor economy has impacted the music industry. But Billboard's Glenn Peoples has offered the best brief summary yet of the slump's overarching affect on every corner of both the traditional and emerging ...
The Music Venture Capital Business Model
This guest post is by Wesley Verhoeve (@wesleyverhoeve); he is an artist manager, producer, curator, and the founder of Family Records. As the music business evolves and moves beyond the antiquated copyright exploitation model, it makes increasing amounts of sense to further explore the thoughts I've shared on the parallels between the future of our business ...
McAfee Study Says Free Music Comes at a Price
It's seems that all this free music may be almost as bad for your computer as it has been for the bottom line of the average record label. A new report by anit-virus software maker McAfee outlines the threat of “free" MP3s, software, streaming video, fan pages and malicious ads that appear even on well-established web ...
