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50 Million Digital Albums Sold in the UK
New figures released by BPI to The Telegraph indicate that the '500 millionth single download was purchased in the UK last week.' Also, UK digital album sales have topped the 50 million mark. When figures started being recorded four and a half years ago, digital albums accounted for less than 2% of UK music industry revenue—now ...
FMC Policy Summit Recap: What Really Works in Direct to Fan
Our FMC Policy Summit coverage begins with a panel on Direct to Fan sales and marketing strategies. We spoke with moderator Jem Bahaijoub about this stuff last week, but there were some especially enlightening and interesting takeaways that we felt compelled to share. Free Doesn't Have to Stay Free Amir Mohamed, better known to ...
MTT: The Stream That Snuck up on You and Music Management Skills: You Must Network in Person Too
This week on Music Think Tank there are some great posts. Be sure to check out Joe Taylor's interesting post about the importance of networking in person and not just online. Musicians must maintain both online and face-to-face connections. Have you noticed that you're streaming more audio and video? George Howard explains this gradual shift toward ...
Survey: 20% Listen to Pandora, Alt Rock Tumbles and Other Major Shifts in Youth Listening Patterns
Edison Researh's American Youth Study 2010 offers a significant survey of the media and technology habits of America's 12-24 year-olds. The new study reveals signifigant shifts in their musical preferences, the sources they prefer to discover music and increasingly even the devices they use to listen. Highlights of their findings: 20% of 12-24s have listened to ...
The Fleeting Value of a Tweet: Statistics and Graphics
(UPDATED) While sharing with your Twitter followers is useful; the real hope of most tweeters is that their 140 characters go viral. But how often does that happen? And how long does a tweet “live"? Online marketing firm Sysomos examined 1.2 billion tweets posted in the last two months to find out. Their benchmark: when a ...
1 In 5 'Youths' Have Listened to Pandora in the Last Month...
“These are some staggering figures—not only have 20% of 12-24 year-olds listened to Pandora in the past month, but 13% have done so in the past week—and this is nationally representative, projectable research data..." Edison Research Don't believe research? Well, this one seems really unbelievable—but is probably not too far off. According to the latest findings ...
A New Age of Extremes: Why the Social Media Hype Machine Kills What It Creates Too
Are file-sharers killing the careers of artists that the record and music industries create? Or, are we? We—broadly defined as the social media hype machine that we've played our part in fueling—both as professionals and fans. It's as if our society has ventured into a new age of extremes. The traditional music consumption system is running ...
Has Streaming Music Been Sneeking up on You?
George Howard, the former president of Rykodisc and author of the 9GiantSteps blog, has posted his first entry over at Music Think Tank. In it, Howard argues that streaming music and video has stuck up on most people. That they may have enormous collections and be loyal to physical mediums yet slowly, but surely, they have ...
How to Launch a Music Startup: Willingness to Pay
This post is part of the How To Launch a Music Startup series by Brenden Mulligan, which focuses on building a company that creates online products for musicians. Mulligan founded ArtistData, which was recently acquired by Sonicbids, and can be found on Twitter at @bmull. In the last post, we covered one of the first major ...
Overheard @ Day 1 of Adweek in NYC: "Widgets Have Inherited the Earth," Argues Marc Ecko.
This guest post is by Max Willens, editor of We All Make Music, a website dedicated to helping musicians thrive in a post-label world. “As brands become more human [in the social media space], you're going to see them acting differently because there's no place to hide anymore."—Bonin Bough, PepsiCo More Great Quotes From ADWEEK Below: ...
