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Traditional Radio Advertising Has Been Increasing for Nearly Two Years...
No, traditional radio isn't booming. But it's also not dying: not yet, and not in this economy: according to financial figures shared today by the Radio Advertising Bureau, traditional advertising revenues have been gaining for seven consecutive quarters, or nearly two years. These aren't champagne-popping gains, but they do reflect a certain level of resilience. During ...
Study: Spotify is Detrimental to Music Purchasing...
Spotify and similar access models are discouraging other forms of music purchasingnot encouraging themaccording to a recently-released finding from NPD Group and NARM. In fact, access has been deemed 'most detrimental' to monetization across nearly all demographic categories. This is from the report, released a few days ago and shared with Digital Music News. In the ...
Digital Music Sales on Track to Rise 7% in 2011
Digital music revenues are on track to rise about 7% globally to $6.3 billion according to a new study be respected research firm Gartner. But revenues from declining CD sales are not expected to make up for the rise in digital revenue led by iTunes and the growing momentum of digital streaming services like Spotify and ...
U.S. Vinyl Record Sales May Be 6x Higher Than Soundscan Reports
The jump in vinyl salesboth for audiophiles and for fans who just love physical mementosis well documented. But the trend may be far bigger than the industry previously believed. SoundScan only gets about 15%," Vince Slusarz, the owner of top vinyl manufacturer Gotta Grove told the New York Times. Here's why: Last year, 2.8 million vinyl ...
Studies: Consumers Prefer Mix of Music Ownership and Free Streaming
eMarketer compares two reports on studies of consumer music preferences to reveal that not only do listeners prefer music ownership over subscription streaming but that they tend towards a mix of ownership and free listening. Given that the most recent survey reporting stats on streaming music would have been conducted before Facebook's F8 Conference, it remains ...
Digital Music Sales to Triple in 4 Years to $20.1 Billion [report]
The digital music industry is set to double from $7.4 billion to $20.1 billion in 2015, according to a new study. That's a compound annual growth rate of 22.1% over the period. Subscriptions will be the fastest growing segment, growing at a compound annual rate of 60.8% to 2015. In terms of digital music market value, ...
Only 3-4 Digital Music Services Will Survive Next 12 Months, Says Digital Exec
Let the culling begin. There is only room for three or four" digital music services, and we'll see a number of them close in the next twelve months," according to Deezer UK's Managing Director Mark Foster. Since launching in the UK in September, Deezer claims 1.4 million premium subscribers, in large part thanks to a bundling ...
Report: What the Second Decade of Digital Music Will Look Like [slides]
Global marketing and communications giant J. Walter Thompson works to keep major brands like Bayer, Ford, HSBC, Johnson & Johnson, Shell and Unilever ahead of the curve. In a new study, they concluded that in 2011 we got a clearer glimpse of what the second decade of digital music will look likeand it's quite different from ...
Nearly One-Third of Record Store Sales Come from 'Lifestyle' Products...
Indie retailers got the difficult memo years ago: if they wanted to survive, they had to diversify beyond music. Way beyond. Newbury Comics is a great example, but record stores across-the-board now sell dozens of 'lifestyle' categories that have nothing to do with the good old recording. And, this is becoming a bigger and bigger chunk ...
The Business of 'Pay What You Want' Music Pricing
Though we tend to hear of pay what you want" music pricing models from big artists like Radiohead, Atlum Schema has found pay what you want for CDs at live shows to be a viable model for lesser known artists as well. However, fans may not be looking for specific products so much as something that ...





