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4 Reasons Why the CD-Release Complex is Dead
At the New Music Seminar conference in Los Angeles, founder Tom Silverman opened by revealing that CDs were still 74% of sales in 2010. “CDs aren't doing so bad," he remarked. “People still like CDs." In other words, the format is in decline, but it still makes up a substantial amount of sales revenue. It's important ...
Subscription Revenues Are Actually Declining in the US...
This is another reason why US-based labels have been so hesitant on Spotify. Sure, the licensing climate on Spotify is softening somewhat, but part of the huge delay has come from a 'been there, done that' problem in the US, according to our sources. In other words, subscription services—including very good subscription services like Rhapsody—have been ...
It's Getting Worse: Just 1,215 Albums Sold 10,000 Units in 2010...
The incredibly-shrinking album is forcing everyone to adapt. But why can't artists even sell 10,000 units anymore? Especially when top-line album sales are still in the billions? At New Music Seminar in LA on Tuesday, another stunning stat surfaced. Last year, just 1,215 albums sold more than 10,000 units in the US. Here's what the last ...
How To: Optimize the Individual Fan Experience
This post is by Brian Vinikoor, the Head of Marketing at Secret Road. “We're having a great day here at Zappos" is the first of many enthusiastic lines you hear when calling customer support at Zappos. If I've had a rough day, I half-jokingly consider calling Zappos where they even have a phone-line to host their “Joke of ...
Acclaimed British Jazz Violinist Chris Garrick Votes Neolin Best Electro-Acoustic Violin
"I want to learn to play like Chris Garrick!" —Maxim Vengerov “THE NEOLIN is more than just an electro-acoustic violin —with its own, modern sound, its versatility and a whole bunch of options, it's meant to open up new horizons for violin-playing, to enlarge the spectrum of musical expressions in today's music the way the saxophone ...
88% Of Shoppers Abandon Items in Online Basket
Shopping carts are essential to eCommerce. It's how fans buy stuff from your site. But they can also be the reason why fans don't buy from your site. 88% of shoppers abandon items in their cart and never complete the transaction. 1 in 4 online retailers have seen cart abandonment rise higher now than in previous ...
Who Uses Facebook and Twitter? The U.S. Demographic Profile
According to Comscore data of U.S. users, Facebook saw its share of visitors between the ages of 35-54 drop 3.6% to 35.4%, while the share of visitors under 18 (up 1.2 to 11.1% and age 55 and older (up 1.9 to 13.2%) made the biggest gains. Twitter saw a 9.4% gain in the share of 18-34 ...
6 Reasons Why Major Labels Are Still Screwed
2011 could prove to be a spectacular year. Spotify may launch stateside. Google Music might start cloud-based music storage off with a bang. Apple may convert into a subscription service. Slacker will offer on-demand music streams and may capture substantial market share. Sony is bringing their own service called “Music Unlimited" to market. Make no mistake, ...
